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Banking
·Feb. 22, 2021

LendingClub Launches Founders Savings Accounts

We knew this was coming and this afternoon LendingClub has released the details of its Founder Savings Accounts for individual...
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BankingMergers & AcquisitionsRegulation
·Jan. 4, 2021

LendingClub Bank Acquisition Approved by OCC as Investor Platform Closes Down

The last day of the year is normally pretty quiet as far as news goes but LendingClub had two major...
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big techChinadigital lendingdigital transformationpaytech
·Jul. 31, 2020

Growth of brand banking, tragedy of OnDeck vs. Kabbage, and the Indian Fintech war between WhatsApp and WeChat

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.

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FintechNews RoundupUSA
·May. 6, 2020

LendingClub Releases Q1 2020 Earnings, Anticipates Originations to fall 90% in Q2

We are now getting a sense of the impact of the coronavirus crisis on lenders; yesterday, LendingClub announced their Q1...
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Peer to Peer Lending
·Apr. 16, 2020

All of the Fintechs Involved in PPP Loans

It has been an interesting to say the least as we have watched everything play out with the Paycheck Protection...
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BankingMergers & Acquisitions
·Jan. 19, 2021

LendingClub Receives Final Approval for its Acquisition of Radius Bank

That was quick. After receiving preliminary approval from the OCC on December 30, LendingClub announced today that they have now...
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News Roundup
·Dec. 30, 2020

The Top Ten Biggest Fintech News Stories of 2020

As the sun sets on 2020 and we look back at this past year nearly everything is viewed through the...
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FintechUSA
·Jun. 22, 2020

Savings and Budgeting Apps Find Success in Lockdowns

Budgeting tools from Fifth Third Bancorp, Radius Bank, Simple in partnership with BBVA USA and others are seeing a big...
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Peer to Peer Lending
·Apr. 21, 2020

LendingClub Cutting 460 Staff in Response to Reduced Loan Volume

Back in October last year LendingClub executives ran an exercise where they had to game plan how the company would...
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FintechNews RoundupUSA
·Apr. 13, 2020

Brex Helping Clients to Apply for PPP Funds

Corporate credit card fintech Brex is helping their clients to apply for PPP capital through partner bank Radius Bank; the...
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