The head of NetCredit, a division of Enova, talks about their underwriting, bank partnerships, the human touch in credit and more. Source
Kabbage is one of the leaders in small business lending and recently announced custom loans for their Kabbage Payments customers....
According to the WSJ, Goldman Sachs is in talks to offer financing on Apple products; this would be alternative to a consumer financing devices on a credit card; both companies didn’t comment on the story, but if a deal came together it could propel Goldman’s Marcus further into consumer finance. Source
The co-founders of Xendit, Moses Lo and Tessa Wijaya, discuss payments infrastructure in Southeast Asia, smartphone penetration and why the opportunity there is so big.
Review Summary: Borrowers and Lenders already in agreement about lending money? Virgin Money is the place to neatly dot the...
BlockFi offers loans to those who own cryptocurrencies; the company is currently in a beta launch and is lending in 35 states; ConsenSys Ventures, Kenetic Capital, PJC, SoFi, Purple Arch Ventures and Lumenary participated in the round. Source
We learned in October that the CFPB was revisiting their ability to repay provisions in the small dollar lending rule;...
Although generative AI's development is a concern to some, its application to the lending sector could create even more access to credit.
The Federal Reserve is making changes to the asset cap on Wells Fargo in order to get more money into...
For most people, lending their own money to strangers may not be an idea that exactly exudes confidence especially in...