During challenging economic times it is important for lenders to use new technology to help find new markets
The canary is now 10+ years old as prominent platforms like SoFi and Upstart launched in the early 2010s, and Freedom Financial (now Achieve) has been around for two decades.
For digital lenders economic uncertainty comes with additional risk. One way to mitigate this risk is with Digital Lending Insurance.
Neu’s path to success will produce financially literate college graduates and a strong bottom line. The journey began in late 2023 with the release of the Neu Card, whose attributes include no late fees and interest charges, a maximum $1,000 spending limit, no Social Security number required, and no credit history or cosigner required.
New York-based online banking company Ampla Technologies recently launched a new extended payment terms solution called Ampla Pay Later.
This is part of our semi-regular series where we take an in-depth look at the platform experience from the borrower side....
Launching out of stealth with a $20M Series A in June, Able makes processing commercial loan applications fast and easy.
Cion Digital's new Advisor Lending Platform connects wealth professionals and firms with lenders in a more efficient process than was previously available. They also now offer their product suite to a more significant portion of the financial services and retail sectors.
iCred will use these resources to expand its operations and enter the payroll loan market for the beneficiaries of the social security fund.
A liquidity crunch can be devastating for a digital lender. Here are some ways for lenders to prepare and combat these difficult times.