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consumer lending

FintechNews RoundupUSA
·Feb. 14, 2020

Senators Probe Online Lenders Use of Education Data in Lending

Sens. Sherrod Brown, D-Ohio, Elizabeth Warren, D-Mass., and three other Democratic senators sent a letter to Upstart Network and other...
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FintechNews RoundupUSA
·Apr. 27, 2020

SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

SoFi shared in a press release that they had helped funnel over $75 million in loan applications to lenders for...
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EuropeFintechNews Roundup
·May. 18, 2020

Swedish Fintech Anyfin Raised $30mn Series B Round

Swedish fintech Anyfin has raised a $30mn series B round led by EQT Ventures with participation from Accel, Northzone, Fintech...
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FintechNews RoundupUSA
·Jun. 14, 2019

The 2019 Digital Lending Review Shows Substandard Efforts at Most Banks and Credit Unions

The annual Digital Lending Review from Digital Banking Report shows that the lending process at many banks and credit unions...
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FintechNews Roundup
·Mar. 30, 2020

The Impact of Coronavirus on Chinese Consumers

Early data coming out of China shows an increase of loans that are past due; According to Bloomberg, overdue credit-card...
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FintechNews Roundup
·Mar. 31, 2020

Singapore Banks Ease Burden on Borrowers

Local lenders in Singapore are offering consumers and small businesses relief during the current crisis; this includes a freeze on...
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FintechNews RoundupUSA
·Apr. 8, 2020

Supply and Demand for Online Consumer Loans Plummets

Loan comparison fintech Monevo says demand for online consumer loans has dropped by almost 40 percent; this coupled with the...
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FintechNews Roundup
·May. 27, 2020

Tencent & Alibaba Find Value in Buy Now Pay Later

Chinese giants Tencent and Ant Financial have found value in the buy now pay later industry with the companies buying...
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Peer to Peer Lending
·Oct. 13, 2016

The Goldman Sachs Consumer Lending Platform Called Marcus Has Launched

The long awaited consumer lending platform from Goldman Sachs, called Marcus, has launched today. We have written about the Goldman...
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EuropeFintech
·Jun. 22, 2020

The Perfect Digital Bank Still a Long Way Off

A former digital banking executive from Lloyds Bank provides his criteria for the perfect digital bank; first, payments functionality should...
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