Student loan servicer Navient has acquired fintech firm Earnest for $155mn; the motivation behind the deal will pave the way for Navient to enter the lending business; “We’re looking to be the major player in the student loan refi space,” said Navient CEO Jack Remondi in an interview with the WSJ. Source.
Immigrants cannot 'passport' their credit history from one country to another fuelling financial exclusion. Revolut's ex-lending boss wants to change that....
The Biden administration’s “whole of government” approach to crypto may not be an improvement to the current patchwork of rules.
Last year, Tiger Global Management led a rush to back startups nearing initial public offerings, piling into late-stage funding rounds for banking app Chime, data firm Databricks and videoconferencing startup Hopin. New data shows just how much Tiger and other deep-pocketed investors have pulle
The $150 million securitization of HELOCs is being billed as the first transaction where all aspects were managed on the...
El BCR indicó que, entre septiembre de 2021 y abril de 2022, ingresaron remesas a El Salvador, mediante monederos, cerca de 96,3 millones de dólares, que representa el 1,9%, una cifra mínima a cuentas de usuarios de criptomonedas en el país.Patrocinado Patrocinado En la segunda semana de mayo, Nayib...
Investments in fintech skyrocketed in 2021, as did consumer adoption of fintech apps. That makes finding the “biggest” winners and the rare losers more difficult. But that’s what we’re here for at the Fintech Snark Tank. This year’s winners: Square, Plaid, Klarna, SoFi, and OpenSea.
Polly, a company seeking to transform the mortgage industry with a data-driven capital markets ecosystem that provides value at every point in the process.
Banks are feeling the hurt like everyone else and they need to operate in a new reality; many have started...
A comparison of bank, credit union and digital bank overdraft policies provides a resource for institutions planning their next move.