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Lending

FILE — LendingClub sign and logo at company headquarters in Silicon Valley.
Fintech
·Jan. 26, 2022

LendingClub beats Q4 earnings and delivers profits

Nearly a full year after purchasing RadiusBank, LendingClub boasted revenue of $262.2M and diluted earnings per share of $0.27.

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Banking
·Jan. 10, 2022

Small business lenders must innovate or risk falling behind

Lenders can provide small businesses with highly competitive services by switching from manual data collection to open finance-enabled technology.

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Lending
·Sep. 21, 2021

Amazon announces partnership with Lendistry for SMB lending

A longtime SMB lender toward its own seller network, Amazon will begin offering official short-term loans up to $100,000.

 

“Amazon came to us with this incredible idea,” CEO and Founder Everett K. Sands said.

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Fintech
·Aug. 18, 2021

Study Blames Fintech for Bad Data in the PPP Program

Researchers from the University of Texas published a study Tuesday morning that claims fintech lenders who participated in the Paycheck Protection Program dropped the ball on underwriting.
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FintechLending
·Jul. 14, 2021

A First Hand Account of Refinancing a Mortgage With Better

[Editor’s Note: This article shares my own personal experience in refinancing my home. Better had no idea who I was...
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Opinion
·Jun. 9, 2021

Three things Policymakers can do to help American small businesses after the Paycheck Protection Program

[Editor’s note: This is a guest post from Ryan Metcalf, Head of Public Policy & Social Impact at Funding Circle.]  The Paycheck...
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Lending
·Apr. 22, 2021

Unpacking the Shift From Historic to Real-Time Data in Lending

[Editor’s note: This is the fourth article (see part one, part two and part three) in a special series we...
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Fintech lending
Lending
·Apr. 20, 2021

Two Major Trends in Fintech Lending

[Editor’s note: This is the second article (see first article here) in a special series we are publishing from Wharton...
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Lending
·Mar. 17, 2021

Upstart Posts Strong Results in First Earnings Call and Announces Acquisition

Today, Upstart released their first quarterly earnings since their IPO in December. And it was a very strong quarter indeed....
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BankingLending
·Mar. 10, 2021

LendingClub Reports Q4 Earnings, Updates on Their New Marketplace Bank

LendingClub reported Q4 earnings today and their recovery from the depths of the pandemic continues. Loan originations were up 56%...
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