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Synchrony

Asia/PacEuropeFintechNews RoundupUSA
·Jul. 28, 2020

More News for July 28, 2020

Visa, Mastercard Fined Wirecard for Dubious Transactions Mexico-Based Prop Tech Flat.mx Secures $25 Million in Debt Financing From Arc Labs...
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FintechUSA
·Jun. 8, 2020

Banks Seeing Good Signs in Repayments

Banks are seeing some good early signs in repayments with a significant number of borrowers committing to restart normal payment...
Read Full Story
FintechNews RoundupUSA
·May. 13, 2019

Credit Card Earnings, Regulatory News and Consumer Credit

In this week’s PeerIQ Industry Update they cover the slowing growth rate of consumer credit which points to consumers being...
Read Full Story
Peer to Peer Lending
·Nov. 20, 2018

PeerIQ’s Q4 2018 Lending Earnings Insights Report

PeerIQ released their Q4 2018 Lending Earnings Insights Report which points to a number of themes showing the economy is strong...
Read Full Story
FintechUSA
·Jun. 15, 2020

Consumer Borrower Health, Goldman & Amazon Partner and Madden Confusion

In this week’s PeerIQ Industry Update they cover the recent remarks by Fed Chairman Powell who says the recovery will...
Read Full Story
FintechNews RoundupUSA
·Jan. 31, 2020

PayPal Continues to See Success with Venmo

Venmo continues to pay dividends for PayPal with the p2p payments app growing payments volume by 56 percent in the...
Read Full Story
FintechNews RoundupUSA
·Mar. 28, 2019

Fundbox Parters with Synchrony for SMB Lending

The partnership announced today will allow Synchrony’s small business merchants to apply for a line of credit through Fundbox; borrowers...
Read Full Story
FintechNews RoundupUSA
·Nov. 17, 2017

PayPal Selling Consumer Loans to Synchrony Financial

The $5.8 billion in receivables sold to Synchrony according to a TechCrunch article, “also includes Synchrony’s acquisition of $1 billion in participation interests in PayPal receivables held by certain investors and a chartered financial institution.”; the two companies have partnered since 2004 to offer PayPal users branded credit cards; Synchrony will now be the exclusive issuer of the PayPal Credit online consumer financing program. Source

Read Full Story

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