Hoping to transform the traditionally slow-moving, opaque, and complicated process of the equipment financing market, online small business lender OnDeck...
An inside look at the latest fintech merger of Camino Financial and Fundation. Both small business lenders go back close to a decade, serving different segments of the market
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.
Hispanics are an emerging American economic force, and Tricolor founder and CEO Daniel Chu has a plan to serve them.
We asked the CEOs of several consumer lending fintech leaders three questions about what is in store for 2024.
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.
Fintechs have touted the importance of cashflow data in underwriting. This week, the CFPB published their evidence to support the approach.
Nubank is developing a risk appetite for unsecured loans, while it expects to roll out payroll lending in the following quarters.
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Mexican fintechs Klar and Konfio tap $100 million credit lines from U.S. firms to boost lending in the country.
Neither the lender nor the borrower want a loan default, now with this innovative new solution from TruStage the risk of default can be removed.