PYMNTS

MAY 3, 2016

According to the most recent CAN Capital Store Front Business Index , powered by PYMNTS, there are 3.4 percent increase during the fourth quarter of 2015. Each of those businesses is run by an entrepreneur — the latest target of the alternative lending platform. million store front businesses in the U.S.

Capital 100

Capital Lending National Company 100

PYMNTS

APRIL 3, 2018

Lending FinTech GreenSky has confidentially filed paperwork for an initial public offering (IPO). In fact, since 2015, just six U.S.-listed While private investors have been generous in financing lending startups, IPOs have been scarce in recent years because of rising defaults among borrowers, as well as increased competition.

Lending 116

Lending Fintech Atlanta Capital 116

Abrigo

AUGUST 20, 2015

According to recent data from the Agricultural Finance Databook , non-real estate farm loan volumes continued to rise in the second quarter of 2015, increasing by five percent over the second quarter of 2014. This growth continues the trend from the first quarter of 2015 , which saw an increase of eight percent year over year.

Lending 150

Lending Kansas City Kansas Analysis 150

PYMNTS

OCTOBER 16, 2018

OnDeck Capital has created a unit that will provide technology and services for banks lending to small businesses over the internet. Reuters , citing the company, reported the new company will be called ODX and will expand its business, in which it provides lending software to banks.

Lending 108

Lending Online Conference Software 108

PYMNTS

AUGUST 22, 2017

Venture capital may be drying up for some alternative lenders, but small business lending platform Capital Float is continuing its funding spree with an additional $45 million. 21) led by Ribbit Capital, based in Silicon Valley. Earlier this year, Capital Float announced a much smaller funding round to the tune of $2.3

Capital 101

Capital Lending Course Industry 101

PYMNTS

MARCH 16, 2017

continue to increase their lending to SMEs, according to the latest data from Biz2Credit. Announced Wednesday (March 15), the Biz2Credit Small Business Lending Index concluded that large banks increased their SME loan approval rates to 24.1 Big banks in the U.S. percent in February. This stock market and U.S.

Lending 100

Lending Analysis Capital Report 100

PYMNTS

JUNE 6, 2018

Alternative lending platform BlueVine has announced its latest investment to the tune of $60 million. A press release issued by the company said Menlo Ventures led the Series E equity funding round for BlueVine, which also saw backing from SVB Capital and other investors.

Lending 131

Lending Capital Fintech US 131

Bank Innovation

MARCH 9, 2016

deal sizes in 2015, a new report from KPMG and CB Insights shows. Global fintech funding skyrocketed in 2014 and 2015, but tapered off in the fourth quarter of 2015, with the implication that 2016 won’t be so sweet, according to the report. Asian fintech deal sizes dwarfed U.S. But yesterday’s Ant Read More.

Fintech 150

Fintech Report Capital blockchain 150

Abrigo

JANUARY 13, 2015

Enhanced data security measures aren’t the only new rules being considered by the NCUA in 2015. Matz recently stated that a revised risk-based capital rule will be proposed, as well a fixed assets rule that would require the use of a fixed-asset management plan by credit unions. Mark McWatters , NCUA Board Member.

Lending 150

Lending Regulation Data How To 150

PYMNTS

AUGUST 8, 2017

educated entrepreneurs met while working abroad at Renaissance Capital and Deutsche Bank. such as Zopa and Lending Club, they saw an opportunity in emerging markets that had been ignored by the big banks, such as Russia, Georgia and Kazakhstan. Observing the rise of disruptive companies in Europe and the U.S.,

Lending 105

Lending Capital Fintech Marketing 105

PYMNTS

FEBRUARY 17, 2017

Social Finance, or SoFi for short, is nearing an agreement to raise as much as $500 million in a new venture capital funding round, Bloomberg reported. That tally is likely to be led by Silver Lake Partners, the newswire said, and will be geared toward boosting the online lending and personal finance offerings now under SoFi’s umbrella.

Lending 109

Lending Capital Groups Cards 109

PYMNTS

DECEMBER 10, 2016

Two years ago today, Lending Club was ringing the bell on an IPO that one early investor called “a no-brainer.”. Lending Club’s model does not need bank branches on each street corner, and it can turn around in minutes and hours, not days. “I So what went so right for LendingClub two years ago today at its IPO — and then so wrong?

Lending 100

Lending Compliance Capital Marketing 100

PYMNTS

AUGUST 4, 2017

Alternative lending was the golden child among investors around 2015, but lately, the industry seems to have fallen out of favor thanks to regulatory uncertainty and questions over the viability of some business models. Alternative Lending. This week alone saw two examples of those concerns in action: One U.S. lawmaker, Rep.

Lending 109

Lending Capital Fintech Data 109

PYMNTS

AUGUST 1, 2016

Online lending was all the rage even a few months ago, but funding going toward online lending platforms is on the decline. equity investments going toward online lending companies fell 44 percent in the first half of 2016 to $2.1 In June, Lending Club appointed interim CEO Scott Sanborn to the permanent head.

Lending 100

Lending Online Maine Fraud 100

Abrigo

FEBRUARY 16, 2016

Financial institutions considering lending to nonprofits may want to be aware of these recent financial trends, as well as some of the ways lending to these organizations might differ from lending to for-profit businesses. Here are two mistakes to avoid when lending to nonprofits , according to the firm: 1.

Analysis 150

Analysis Lending Community Bank Community 150

PYMNTS

OCTOBER 14, 2016

Not one of the four alternative lending startups that secured investments this week were from the U.S. Alternative Lending. Late last week, South Africa’s LulaLend brought some rare attention to the nation’s alternative lending space. There’s talk that alternative finance is dead. Well, in the U.S.,

Lending 100

Lending US Capital Report 100

Abrigo

SEPTEMBER 16, 2015

Member business lending (MBL) has been a hot topic in the financial services community this summer, particularly as the industry awaits finalization of the NCUA’s rule changes. More than 78 percent of credit unions with more than $100 million in total assets offered MBL to their members for the same period of 2015.

Lending 150

Lending New York City New York Strategy 150

PYMNTS

AUGUST 30, 2016

The mobile payments firm now offers an eCommerce platform and small business lending services. The latter is its most recent venture, having announced last July that it would begin lending to its small business clients as part of an effort to expand into a digital bank.

Capital 100

Capital Lending Operations Digital Banking 100

PYMNTS

JULY 8, 2016

Darrell Esch, PayPal’s GM of its business financing unit, says that the company is so pleased with the progress of its Working Capital program that PayPal will now boost the amounts it will lend to SMBs. 2015’s tally, reporting a respective $1 billion and 60,000 merchants. Those numbers also come against the backdrop of Oct.

Capital 101

Capital Analytics Lending Data 101

PYMNTS

JUNE 20, 2017

unit is offering an update on the progress made by PayPal Working Capital. The company revealed Monday (June 19) that it has facilitated more than $500 million (£400 million) in working capital to U.K. We saw an opportunity for us to help and set about making PayPal Working Capital a reality.”. PayPal U.K.

Capital 108

Capital Innovation Course Tools 108

South State Correspondent

NOVEMBER 9, 2016

Known as the Basel III Capital Accords, Basel III uses a risk weighting system to determine the capital ratios for higher risk assets. Starting in 2015, all US banks that lend on “high volatility commercial real estate” (HVCRE) are required to hold more capital against such loans.

FDIC 150

FDIC Capital Lending US 150

PYMNTS

NOVEMBER 9, 2020

Lending decisions under the bounce-back loan scheme are fully delegated to the accredited lenders. Tide was founded by banker George Bevis in 2015; London venture capitalist Eileen Burbidge serves as the bank's chair. The FinTech doesn’t qualify for the Bank of England’s term funding scheme aimed at small business lending.

Fintech 177

Fintech Lending Digital Banking Capital 177

PYMNTS

JUNE 14, 2020

The three companies charged are Richmond Capital Group, Ram Capital Funding and Viceroy Capital Funding. Scrutiny against merchant lending companies has grown as of late, with the FTC looking into the industry as a whole last year.

Company 198

Company Fraud New York Capital 198

PYMNTS

SEPTEMBER 17, 2020

We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. In 2015, LoanDepot announced on its blog that it intended to become a public company and filed Form S-1 with the U.S. Securities and Exchange Commission (SEC).

San Francisco 160

San Francisco New York Lending California 160

Abrigo

SEPTEMBER 10, 2015

As credit unions await the finalization of the National Credit Union Administration’s (NCUA) proposed changes to rules for business lending, they may do well to remember Spider-Man’s creed that “With great power comes great responsibility.” The comment period for the NCUA’s proposed member-business lending rule closed Aug.

Risk Management 150

Risk Management Lending Management Resources 150

PYMNTS

DECEMBER 13, 2019

Robocash Group, a peer-to-peer (P2P) lending platform, aims to raise $5 million in the next half-year from investors in Europe who want to invest in Southeast Asia, particularly Singapore, according to reports. P2P lending is becoming increasingly popular in Asia, exceeding some traditional European economies. billion two years later.

Lending 130

Lending Regional Groups Marketing 130

PYMNTS

JULY 19, 2017

Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need of upgrading their systems to provide faster, more agile financing to SMEs. s Big Four banks, with alt lending firms and P2P lenders acting as key vessels for BBB funding. As the U.K.

Lending 138

Lending Capital Report Customer Experience 138

PYMNTS

MARCH 21, 2019

The latest move raises Aura’s raised capital amount to $403 million through 21 bond issuances, a number that has helped to fund 283,469 loans. who simply don’t have access to safe lending and are susceptible to predatory lenders. James Gutierrez, CEO and founder of Aura, said the capital will help further the company’s mission. “We

Arizona 107

Arizona Illinois Community Capital 107

PYMNTS

MARCH 1, 2016

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. It amounted to about $12.5

Fintech 100

Fintech Lending Capital Innovation 100

Independent Banker

NOVEMBER 30, 2021

La Plata County commissioner Marsha Porter-Norton champions First Southwest Bank’s innovative lending. First Southwest Bank is carving out new business models to address a need for credit and financial services through nonprofit lending programs and software that leverages its community development financial institution (CDFI) funding.

Colorado 119

Colorado Community Bank Community New Mexico 119

Abrigo

OCTOBER 28, 2022

Learn how credit unions can manage capital levels amid credit stress. Even as news headlines announce that “the sky is falling,” many Abrigo clients are relaying they can count only six or seven charge-offs since 2015 or so, he added. Many staff members may have joined since 2015 and therefore, lack experience working on modifications.

Management 195

Management Risk Management Policies Lending 195

Abrigo

OCTOBER 14, 2022

You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." King recommends more staff training on loan modifications and workouts, particularly for banking staff that came on board after 2015 and may not have any experience with loan modifications. Lending & Credit Risk. CRE Lending.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

SEPTEMBER 5, 2019

Alternative lender Ultimate Finance is exiting the unsecured lending market in response to “market conditions,” according to the company. He added that “evolution is needed to reach our long-term aspirations and to capitalize on the huge opportunity in front of us.”. Reports in Verdict.co.uk on Wednesday (Sept. 4) said the U.K.

Lending 101

Lending Strategy Capital US 101

CB Insights

JANUARY 4, 2018

UK-based lender Zopa pioneered peer-to-peer (P2P) lending in 2005, quickly followed by US contenders Prosper Marketplace and LendingClub in 2006. By December 2014, venture-backed alternative lenders OnDeck Capital and Lending Club had gone public on the NYSE. from investors. FINTECH TRENDS Q3 2017 RESEARCH BRIEFING.

Lending 45

Lending Fintech Trends Capital 45

PYMNTS

JUNE 28, 2016

As more loans that expected went bad in the fall of 2015, investor/loan buyers started backing away – making it harder to attract desirable borrowers, making it harder to attract investor/lenders. Marketplace lending, in short, did not need more fireworks. The market for marketplace lending in the U.K, freedom of motion.

Lending 100

Lending National Marketing Online 100

PYMNTS

JULY 15, 2019

expanded their financing to farming businesses significantly between 2008 and 2015, according to filings with the Federal Deposit Insurance Corporation analyzed by Reuters. That growth rate has been declining: In December 2015, it was 6.4 billion: the value of JPMorgan’s farm loan portfolio in 2015 , a 76 percent increase from 2008.

FDIC 142

FDIC Analysis Lending Data 142

PYMNTS

OCTOBER 31, 2018

Existing investors Passion Capital, Goodwater, Thrive Capital, Orange Digital Ventures and Stripe also participated. Reuters noted the bank, which launched in 2015, isn’t profitable. The company said its capital value has jumped from 280 million pounds in 2017. With a valuation of $1.3 With a valuation of $1.3

Capital 153

Capital Taxes Maine Mobile 153