According to analysis by S&P U.S. fintech funding is on pace to beat last year’s performance, even with the pandemic...
Lending Club has closed five of its investment funds under LC Advisors; the loans have been sold off to various buyers and the company has rebranded its investment management business to LendingClub Asset Management. Source
Today was supposed to be the day that the Payroll Protection Program (PPP) rolled out at banks and fintech lenders...
Amidst rising food prices, Iceland has launched a BNPL scheme aimed at continued affordability for vulnerable families during school holidays.
U.S. based growth investor, Motive Partners, recently opened their European hub in Canary Wharf, London as they see the market as one of the epicenters of financial services; this is the latest sign that London has not lost their attractiveness since Brexit; a few additional reasons for being a destination include experience with the new open banking regulations and the Financial Conduct Authority (FCA) has been very supportive of fintech. Source.
Zelle is hoping to grow their B to C payments by more than 10 percent in 2018; the company already...
The Finance Innovation Lab and Toynbee Hall will partner to create a fintech incubator; the incubator will focus on companies in financial health; the Financial Health Fellowship will be a six month endeavor helping companies to scale their businesses; more details about the program can be found here and the program is accepting applications through April 10. Source
Now is the time for community COVID-19 Income Checker For Self-Employed To Be Launched By Fronted, 11:FS And Credit Kudos...
Quicken Loans is experiencing growth due to the extraordinarily low-interest rate environment that Covid-19 has brought on the US financial...
Amount, a leading technology provider for financial institutions, and global modern card issuing platform Marqeta (NASDAQ: MQ) announced today the first virtual card and loan origination partnership to help banks rapidly enter the buy now, pay later (BNPL) space.