I first met Ram Ahluwalia, the CEO, and co-founder of PeerIQ, back in 2013 when he was working at a...
Cross River Bank has been at the center of fintech for more than a decade. They started working with fintech...
PayTile, an 'airdrop for cash' geolocation-based payments system partnered with Cross River to enable users to send p2p privately.
Cross River Bank does not share many of the same qualities as some of the nation’s largest banks since they...
With the nation’s small businesses struggling like never before fintech lenders have literally come to the rescue to help with...
With the fintech world gathering in Las Vegas this week for Money20/20 there was quite a lot of fintech news.
The fintech world is not taking the summer off. New developments are coming fast and furious, from fundraisings to product launches to government intervention.
Banking for brands startup Bond raised $32 million to capitalize on the exploding trend of B2B2C banking.
Samsung Money launched, leveraging SoFi’s infrastructure. As SoFi again seeks a national banking charter, they could become the de facto leader in this space.
Kabbage and Intuit launched small business bank accounts as extensions of their already deep relationships with SMBs.
And WhatsApp is trialing all sorts of financial services in India just as Chinese fintech super apps are being banned from the country.
Today, Cross River Bank (CRB), one of the leading banks supporting marketplace lending platforms, has announced they have closed a significant...
In this week’s PeerIQ Industry Update they look at the record levels of consumer debt, some regulatory changes, new securitizations and give an update on recent hirings; consumer credit is now at an all time high surpassing $1tn, though per capita levels remain below peak; the Trump administration is looking to revise the Community Reinvestment Act rules to include small business loans; Marlette’s newest securitization, MFT 2018-1, consists of loans originated by Cross River bank for over $390mn and it has received ratings from Kroll; PeerIQ also announced the hiring of 6 new employees as the company continues to grow. Source.
It has been an interesting to say the least as we have watched everything play out with the Paycheck Protection...