Capital Lending Online San Francisco 
Abrigo
DECEMBER 18, 2023
WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital. is robust.
Bank Innovation
FEBRUARY 23, 2017
Mobile payments company Square grew its gross payment volume 34% over last year, and its loans through Square Capital were up twice that — 68%. The San Francisco-based company processed $13.7 billion in payments in the fourth quarter of 2016, compared with $10.2 billion in the same quarter last year. Read More.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
JULY 19, 2016
Lending Club, which has been struggling to recover from loan errors and the departure of its Chief Executive (among other issues), has named Patrick Dunne, a veteran of BlackRock, as its new chief capital officer. Dunne is well known in financial circles and his appointment is seen as a boon to the beleaguered Lending Club.
PYMNTS
DECEMBER 7, 2020
Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. The news reveals CEO Anthony Noto 's aspirations to go public after he succeeded SoFi Co-Founder Mike Cagney in 2018.
PYMNTS
APRIL 7, 2017
LendingClub’s former CEO, Renaud Laplanche, who stepped down in May, sending shockwaves throughout the online lending industry, is gearing up to launch a new lender online called Upgrade. According to a report in Fortune , Upgrade of San Francisco, Calif.,
PYMNTS
SEPTEMBER 17, 2020
We continue to evaluate capital options and are excited about our industry position,” CEO Anthony Hsieh told Bloomberg. the San Francisco-based peer-to peer lending firm and OnDeck Capital, the New York-based online small business lending company, which went public at the time were already trading down, Housing Wire reported.
PYMNTS
JUNE 23, 2016
The online lending landscape may get rockier as federal regulators are eyeing whether to bolster their oversight on loans extended to small businesses. The focus of these lenders has been to extend capital to small businesses and startups, and those players have maintained that more regulations could hurt business.
Expert insights. Personalized for you.
221 
Let's personalize your content