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State RegulatorsĀ Investigate Payday Advances

PYMNTS

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. Many people living paycheck to paycheck already make more than median income.ā€.

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Inked Brands. $ South Carolina. South Dakota.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success ā€” hereā€™s what we learned

CB Insights

An explosion of new consumer finance brands is transforming how people save, spend, and manage their money. Mint was dominating the mobile financial management space, with a stronger brand and new resources from the Intuit acquisition. South Carolina ā€” #3 in Credit Karma searches. In aggregate, they command $1.3

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