Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Low Unemployment, Securitization News and GreenSky Earnings
ShareTweet
Home
Fintech
Low Unemployment, Securitization News and GreenSky Earnings

Low Unemployment, Securitization News and GreenSky Earnings

Todd Anderson·
FintechNews RoundupUSA
·Mar. 11, 2019·1 min read

In this week’s PeerIQ Industry Update they cover the drop in unemployment to 3.8 percent and the rise in hourly earnings by 3.4 percent; credit card balances have reached their highest level in history with $870bn and overall outstanding dent is $13.5tn; Avant’s first securitization of 2019, AVNT 2019-A worth $284mn, and Kabbage’s second securitization deal, KABB 2019-1 worth $610mn, saw their senior tranches rated by Kroll Bond Rating Agency; GreenSky reported a strong 4th quarter with revenue growing 22 percent YoY which helped push the stock up by 6 percent. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

    View all posts
Advertisement
Tags
AvantGreenSkyKabbageMPL SecuritizationPeerIQ
Related

The End of the Ill-Fated Acquisition: Goldman Sachs Offloads Greensky

GreenSky app screen grab

Global newsletter: Goldman Sachs faces significant loss from GreenSky

Kabbage app displayed on a smartphone

Kabbage provided lifeline loans to small businesses during pandemic

dealmakers summit is gonna be great

Nexus Dealmakers 2022: First LendIt in-person event of the year set to go

Popular Posts

Today:

  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025
  • DanMurphy-FN-headshotCFPB’s Next Open Banking Battle Begins Jun. 3, 2025
  • GreenliteAI-Alex-WillGreenlite AI is on a mission to revolutionize banking compliance Jun. 10, 2025
  • Current stablecoin adoptionWhy Banks (and Fintechs) Need to Embrace Stablecoins Today Jun. 12, 2025
  • Revised-AI-InvoiceAI Faces Skepticism. Startups Say: OK, Pay When it Works Jun. 25, 2025
  • Paraform Founders, Jeffrey Li and John KimFunded: Paraform raises $20M to put top recruiters, not AI, in the driver’s seat Jun. 27, 2025

This month:

  • WP UmbrellaTo Bank or Not to Bank: The ILC Question Jun. 5, 2025
  • GreenliteAI-Alex-WillGreenlite AI is on a mission to revolutionize banking compliance Jun. 10, 2025
  • Current stablecoin adoptionWhy Banks (and Fintechs) Need to Embrace Stablecoins Today Jun. 12, 2025
  • ai-work-nexusWalkMe Vets Declare War on SaaS Bloat with $10M Seed for Autonomous Agents Jun. 10, 2025
  • DanMurphy-FN-headshotCFPB’s Next Open Banking Battle Begins Jun. 3, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • Ironclad State of AI ReportThe Economics of AI Trust Jun. 11, 2025
  • Email-AI-pieceAvatar CEOs Have Entered the Meeting Jun. 18, 2025
  • Ben Hemani, Founding Partner at Bison VenturesThe Risk and Reward of Betting Big on AI’s Next Frontier Jun. 4, 2025
  • Globe-money-symbolsOPINION: Why Brazil and India are leading the global digital shift through payment innovation Jun. 24, 2025

Advertisement
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results