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Credit unions continue to see growth in auto lending

Abrigo

Overall auto lending at credit unions is up more than 30 percent in recent years, a positive sign that CUs remain competitive in an evolving banking landscape. In a recent article from Credit Union Times , 71 million consumers had an auto loan in the first quarter of 2015, the most since the recession and an increase of 1.2

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The Houston region has seen substantial layoffs, and the daily headlines predict more will be announced. We had a record year in gross loan production in 2015 and are looking to top that performance in 2016.

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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

7,270 $4,100 4 Revolut 3004 2015 London 11,460,000 $1,700 5 Chime 2727 2012 SF 10,710,000 2.6 39,600 $587 7 Credit Sesame 1196 2010 SF 5,730,000 $172 8 Marcus (Goldman Sachs) 1149 2017 Salt Lake City 5,670,000 $0 9 Monzo 1089 2015 London 3,390,000 $1,100 10 MoneyLion 873 2013 NYC 1,260,000 4.6 2 $520 12 Acorns 613 2012 LA 2,170,000 2.3

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Fintech Fundings: 22 Companies Raise $160 Million Week Ending March 11

Fintech Labs Insights

In comparison, in 2015 we hit that mark 13 times during the entire year. And more telling, the number of deals is up 90% (249 vs. 130 in 2015). million for its SMB alt-lending service. million for its SMB alt-lending service. HQ: Houston, Texas. It was the tenth week in a row with 20 or more fintech deals.

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Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

And the number of deals is up 70% (167 compared to 98 in 2015). HQ: Houston, Texas. P2P lending marketplace. Tags: Consumer, insurance, automobile lending, cars. Seven weeks into the new year, fintech companies have raised $4.7 billion in equity and debt worldwide, more than double the $2.2 B2B payments platform.

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FinovateSpring 2016 Live Blog – Day 1

William Mills

This is car-title lending updated by fintech. ^SR Houston Frost (SVP, Prepaid Products). William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateFall 2015. Finova is offering a consumer loan product that allows people to unlock the value in their car, without paying exorbitant rates.