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Ally

News RoundupOnline LendingUSA
·Apr. 3, 2017

Ally Launches Online Auto Financing Marketplace

Seeking to be more involved in auto financing, the firm has launched Clearlane; the platform has been developed from the firm's acquisition of BlueYield; the integration and enhancement of the acquired business has resulted in a simplified customer experience and broad range of offerings; the platform includes over a dozen finance providers offering consumers auto financing and auto loan refinancing options with various opportunities identified for expansion.  Source

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Peer to Peer Lending
·May. 22, 2019

Are Digital Banks Struggling to Get Traction?

An article in Forbes earlier this month about the traction of digital banks caught my attention. A survey of U.S....
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FintechNews RoundupUSA
·Feb. 24, 2020

Fintech M&A and Financings Continue Driving the Market

2020 is off to a fast start when it comes to fintech financings and M&A deals as the past week...
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FintechUSA
·Jun. 17, 2020

Home Improvement Lending Surges During Pandemic

According to a new survey by LightStream 75 percent of respondents plan to pursue a home improvement project in 2020...
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FintechNews RoundupUSA
·Mar. 25, 2020

Ally Pumps Money into Carvana Loans

Ally has significantly increased their current loan purchase program with Carvana, a platform for buying and selling cars; the two...
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FintechNews RoundupUSA
·Apr. 19, 2019

Credit Quality Data Points Show People Can Handle Increased Debt

Data from American Express, Synchrony Financial, Ally and Santander show that while debt levels might be at their highest level...
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FintechNews RoundupUSA
·May. 19, 2020

Goldman’s Marcus Continues to Lower Interest Rate on “High-Yield” Savings Account

Last year many consumers were able to earn around 2% on savings accounts from the leading banks; since then rates...
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