The SEC has agreed to reconsider its review of the Winklevoss bitcoin ETF rejection following a petition from the Bats exchange; a comment period is now open for support or opposition of the Disapproval Order until May 15; the SEC has not approved any bitcoin ETFs for trading also rejecting the listing of SolidX on the NYSE Arca. Source
Former bankers Antony Jenkins, Jonthan Larsen and Vikram Pandit all have found a great deal of success in moving into...
Bitcoin was back above $10,000 for the first time in more than a year as the digital currency saw a...
A new study by Mastercard and Harvard Business Review reveals that fintech has so far had a limited impact; the...
Wells Fargo, PayPal and Discover have joined together to help provide capital for fintech startups founded by women; in Q3...
AutoFi and Ford have announced a new partnership that will make financing and buying a car available online; Ford will use the AutoFi platform for sales from its Ricart Ford dealership in Groveport, Ohio with expansion planned for dealerships throughout the United States; through the AutoFi platform customers can select a vehicle, access Ford Credit for a financing decision and terms, customize their vehicle protection products, review their paperwork, and schedule a time to complete the sale and pick up the vehicle; Ford Credit also made an equity investment in AutoFi. Source
Lighter Capital provides funding for growing businesses with a revenue-based financing model; their borrowers repay the loans out of future...
The report shares the highlights of securitization in the space which totaled $7.8 billion in 2017, up from $4.6 billion in 2016; SoFi was the leader in both volume and total number of ABS deals; report includes KBRA’s outlook for 2018, loan origination and ABS issuance by platform, performance and rating trends and more. Source
The new lender, run by former Funding Circle execs, will offer loans between $5 million and $60 million. Source
Student loan debt is one of the biggest issues facing younger people today and most feel as if they don’t...