PYMNTS
JUNE 12, 2018
In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. Kassul noted his firm used to invest in ABS from the lending marketplaces but, eventually, there just wasn’t enough profit in it. The Coming Risk Assessment Reset.
PYMNTS
MARCH 23, 2020
In today’s top news, state-owned financial institutions in China are offering incentives to boost consumer lending, and economists at Goldman Sachs and Morgan Stanley predict the coronavirus will be economically devastating. Also, banking FinTech Finastra was hacked. As China’s Banks Encourage Loans, Default Fears Mount.
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CFPB Monitor
APRIL 26, 2021
In addition to Brian Brooks, the former Acting Comptroller of the Currency, the scheduled witnesses are Josh Stein, North Carolina Attorney General, Lisa Stifler, Director of State Policy, Center for Responsible Lending, Dr. Frederick D. Dr. Calomiris previously served as OCC Senior Deputy Comptroller for Economics under Mr.
Fintech Labs Insights
OCTOBER 13, 2020
Their were 9 fintech companies and one healthtech. Description: Alternative credit scoring and lending in emerging markets. HQ: Dallas, TX. Related: Fintech Debuts: Watch COVERR and OnePipe Pitch at Techstars NYC Demo Day (8 Oct 2020). Envel is the New Simple Bank (Fintech Startup of the Week). Funding: $3.2M.
Fintech Labs Insights
MARCH 22, 2016
million for its P2P lending platform for small businesses. Here are the fintech deals by size from 12 March to 18 March 2016: Future Finance. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. SmartAsset raised $3.8 Connecture.
Fintech Labs Insights
JULY 18, 2016
CSI globalVCard moves global partnership operations team to Dallas; Nan Dawson promoted to SVP of Partnership Operations. Lending Club announces new Chief Capital Officer, Patrick Dunne. Concur to deploy SilverRail API to enable European travelers to search, plan, and schedule travel by rail.
Fintech Labs Insights
JULY 22, 2015
Around the web: Lend Academy podcast features Kathryn Petralia, Kabbage co-founder. Dallas Business Journal interviews TickerTags founder, Chris Camillo. On Finovate.com: A First Look at What’s Coming to the FinDEVr Stage this October. Come see Kabbage at FinDEVr 2015 in San Francisco.
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