Capital Lending Online Utah 
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. including Union Square Ventures, Ribbit Capital, Vy Capital and Silicon Valley Bank.
Abrigo
APRIL 4, 2020
The SBA Utah District Office , for example, has established a Rapid Response Team with the Governor’s Economic Recovery Task Force to handle the requests. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. Learn More. Learn More.
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PYMNTS
JULY 14, 2020
Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June. stores for Google Pay and Apple Pay users.
CB Insights
FEBRUARY 13, 2020
As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.
PYMNTS
MAY 4, 2016
According to Wall Street Journal reports, the online lender is shedding 28 percent of its staff and rearranging its executive team. The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door.
PYMNTS
DECEMBER 5, 2016
But the world is full of unexpected costs — just ask the team at CAN Capital. CAN Capital, the small business online lender, has announced that its CEO is on a leave of absence. CAN will reportedly also be laying off on lending — at least until the end of the year, for now focusing on servicing existing customers.
PYMNTS
MAY 4, 2016
With the recent tightening of the capital markets, we are refocusing on our core consumer loans business,” he said. Prosper is one of several online-based marketplace lenders suffering from falling profits as investor interest in buying consumer loans is softening. The firm also racked up $26 million in losses.
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