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Connecticut Banking Dept. issues cease and desist order to stop fintech loan finder from operating without small loan license

CFPB Monitor

The Order also directs SoLo to stop enforcing loans made to Connecticut residents and make restitution of any amounts it obtained in connection with such loans together with interest. To lend or borrow using the Platform, lenders and borrowers are required to set up a special account at a designated bank.

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

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. Following our previous mapping of the most well funded startups in each state and most well funded food & beverage startups in each state , we used CB Insights database to identify the most well-funded private fintech startup in each state.