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EuropeFintechNews Roundup
·May. 6, 2020

Online Lenders Appeal for Equal Access to the UK’s Bounce Back Loans

One of the biggest criticisms of the UK’s CBILS program was that it favored big banks and lending was too...
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FintechNews RoundupUSA
·Apr. 8, 2020

Online lenders Begin Feeling the Stress

Online lenders are feeling the pressure from borrowers and investors alike; consumers are starting to lose their jobs and companies...
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EuropeFintechNews Roundup
·Apr. 6, 2020

The UK Should Follow Australia’s Lead in Assisting Non Bank Lenders

While writing in AltFi LendInvest’s Executive Chairman Christian Faes said the UK government should follow what Australia has done to...
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EuropeFintechNews Roundup
·Apr. 3, 2020

UK Fintech Lenders Could Help Fund £1bn per month to SMEs

The UK government is planning to inject hundreds of billions of pounds into the UK economy to prop up small...
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FintechNews RoundupUSA
·Mar. 30, 2020

Lenders Begin Tightening Credit Standards

Lenders of all stripes are starting to review their lending criteria as they anticipate seeing a wave of applications from...
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FintechNews RoundupUSA
·May. 1, 2020

OnDeck’s Streak of Profitable Quarters Comes to an End

OnDeck lost $59mn in Q1 2020 as their streak of seven straight quarters of profitability came to an end; the...
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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 RoundupUSA
·Apr. 3, 2020

Numerated Ramps Up Offering to Banks to Help Push Out Stimulus Funds

In the last two weeks along small business lending platform Numerated has signed up more than 70 banks to use...
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FintechNews RoundupUSA
·Mar. 31, 2020

Kabbage Makes Short Term Furloughs Due to Crisis

Online small business lender Kabbage as furloughed a significant number of the 500 employees in the U.S.; the company hopes...
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FintechNews RoundupUSA
·Mar. 30, 2020

Record Jobless Claims, Stimulus Relief and Fintech’s Role in the Crisis

In this week’s PeerIQ Industry Update they cover the explosion in jobless claims with a record setting 3.28mn as fears...
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