Stash has announced they have raised a $65 million Series E round; with the announcement the company has announced their...
Peter Thiel has been discussing a bid for California governor with his advisors; Thiel has been active in political campaigns and could find a number of supporters should he run for California governor; as a Republican he speaks frequently with California House Majority Leader and Republican Kevin McCarthy; he also contributed to the Trump campaign and since 2000 has contributed over $8.5 million to federal candidates and political committees. Source
This week’s PeerIQ Industry Update covered the strong job growth reported and the chances of a rate hike in March; Marcus made key hires in an effort to launch a credit card as it builds out their consumer banking businesses; Marlette completed its largest securitization for $464mn and saw the senior tranches of the deal rated AA by Kroll; PeerIQ also highlighted key points from testimony by Nat Hoopes of the Marketplace Lending Association when he testified before the House Financial Services Committee. Source.
One of the main challenges with the emergency loan process is access to payroll data; small businesses across the country...
A potential wave of new banks could start after the successful merger between BB&T and SunTrust; regulatory acceptance and markets...
The division will focus on corporate compliance and consumer issues and Katherine A. Lemire, a former assistant US attorney has...
Moven is winding down their personal financial management offering due to the current market; going forward Moven will now focus...
A new report out by Citi says that new digital-first challenger banks may cause a 30% revenue hit to incumbent...
Even amid the economic turmoil that is today’s world deals are getting done; Plastiq, a company that allows customers to...
Max Levchin spoke with CNBC and provided some updates on the company; he believes the government has been under-hyped when...