PYMNTS
NOVEMBER 16, 2020
In the wake of the 2008 global financial crisis, and banks' subsequent pullback from the small- to medium-sized business ( SMB ) lending arena, a slew of alternative lenders emerged onto the scene to fill the credit gap. What's just as important is to ensure that lending technology is flexible. Flexible Technology.
PYMNTS
JULY 7, 2020
and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.
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PYMNTS
MAY 23, 2017
trillion peak it reached in the fall of 2008 — the same time that the Great Recession was earning its place in the history books. trillion at the end of the first quarter of 2017, up $473 billion from a year ago and $50 billion above the previous 2008 record. trillion in household debt of 2008 represented 85 percent of the U.S.
PYMNTS
JUNE 17, 2020
and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release , bringing the company’s issuances to over $1 billion in the past year and a half, the Pagaya said on its website. Pagaya , a U.S. GF Investments, and Siam Commercial Bank.
PYMNTS
SEPTEMBER 18, 2018
And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. 15, 2008 fall of Lehman, which filed for bankruptcy that day. 15, 2008 fall of Lehman, which filed for bankruptcy that day. Invention can become necessity.
Bank Innovation
MARCH 12, 2020
Fintech startups looking to upend how Americans do their banking are facing their first major test as interest rates fall and fearful consumers seek safety at traditional banks. mobile payments companies founded after the 2008 financial crisis, and digital banks including Chime Inc. Square Inc. and Stripe Inc.,
Bank Innovation
MAY 15, 2016
From then until 2008, you had some appreciation, but not much. You could have bought Priceline stock below $10 in 2001. For many years you had little to show for it. Then the stock shot up above $1,000 (as of writing it is $1,261). Yes that is 100x return from Read More.
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