Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
While most of the fintech world has been focused on small businesses since the onset of the crisis there is...
LendingPoint plans to expand its online balance sheet lending services nationwide with support from a new partnership with FinWise Bank; LendingPoint currently offers loans in 26 states with nationwide expansion now planned for the first half of 2017; the firm uses a proprietary credit model that seeks to provide loans for fair credit consumers with credit scores ranging from 600 to 700; LendingPoint has funded more than $185 million in loans; its loans range from $3,000 to $20,000, with terms from 24 to 48 months. Source
LendingPoint, a near prime lender, has significant room for growth with the closing of their latest credit facility; the company...
It’s not often we report on acquisitions in fintech. From my perspective this is because the industry is still relatively...
While most of the fintech world has been focused on small businesses since the onset of the crisis there is...
LendingPoint is a near prime lender; in the interview the LendingPoint team discusses how their algorithms work to take thousands of attributes to determine which ones are most predictive; the company is now partnering with hospitals for patients to obtain credit on the spot; LendingPoint originated around $28 million in loans in October with about 60% of applications coming through mobile devices. Source
Online near prime lender LendingPoint to boost expansion into point-of-sale with acquisition of LoanHero. Source
LendingPoint has closed two securitizations, one composed of direct to consumer loans and the other of point of sale loans;...
LendingPoint has made a name for themselves in the near-prime consumer lending space with an installment loan as well as...