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Goldman, JetBlue Team Up On Installment Loan Product

PYMNTS

Marcus , the online-only consumer banking and lending arm of Goldman Sachs, offers personal loans with no late fees of up to $10,000, with rates ranging from 10.99 The deal follows JetBlue’s announcement that it has temporarily consolidated service in Boston, Los Angeles, New York City, San Francisco and Washington, D.C.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Engel, Research Professor, Suffolk University Law School, Boston, Mass. Kukla, Senior Vice President, Center for Responsible Lending, Durham, N.C. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Alvarez, Executive Director, Housing & Education Alliance, Tampa, Fla. Kathleen C. Christopher G.

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2021 GonzoBanker Awards

Gonzobanker

million gets the vaunted consumer lender a much-prized bank charter, low-cost deposits to juice current earnings, and a business lending capability to drive future growth. Rex Johnson, Baxter Credit Union founder and former CEO – Rex was a legend in the credit union industry who will always be remembered as the “Yoda” of lending.

Fintech 147
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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Provo, Utah. Tags: Peer-to-peer, P2P, lending, investing. Digital currency provider. Latest round: $50 million Series C (at $200 million valuation). Total raised: $76 million. Source: Crunchbase. MX (formerly MoneyDesktop). Digital banking platform for financial institutions. Source: VentureBeat.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Online consumer lending. HQ: Provo, Utah. Person-to-person small biz lending platform. Multi-family lending management. HQ: Boston, Massachusetts. Tags: Consumer, credit, lending, loans, underwriting, investing, P2P, student loans. Source: Finovate. Person-to-person lender. Total raised: $69 million.

Company 12