According to The Information fintech startup Robinhood has big plans for fundraising rounds in the near future; the publication says...
Peter Renton, Founder of Lend Academy was at the American Banker Digital Lending + Investing conference last week; Renton reflects on the discussion with the leaders of Marcus, shares the progress of the company thus far and his perspective on Goldman's venture. Source
The current pandemic has upended the financial services industry more in the last two months than fintech has in the...
The worst week in SoFi‘s history is coming to an end. The company announced today that Mike Cagney has stepped down as CEO effective immediately. This follows the news on Monday that Cagney would be stepping down as CEO by the end of the year. But the bad news this week kept escalating and the board decided it needed to take action now. Source.
New York is set to follow California is requiring non-bank lenders to disclose metrics on each loan; metrics include total...
HTMA Holdings has developed a new savings app to help small banks attract millennial customers; Plinqit is designed to help...
Fintechs owned 1 percent of unsecured lending in 2010, they now account for 40 percent; Visa estimates that 5 percent...
Bank of America, JPMorgan Chase and Wells Fargo have agreed to waive ATM fees for Californians who receive public benefits;...
There are growing signs that a recession could be coming sometime in the next couple of years; most fintech firms...
Better Mortgage is now offering mortgage loans in thirteen states with the expansion to Florida; the lender offers a number of advantages for borrowers including a 100% digital experience and a verified pre-approval letter for qualified borrowers within 24 hours; with the licensing in Florida, Better Mortgage gains access to lending in Tampa and Jacksonville, recently reported as two of the healthiest housing markets in the country. Source