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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

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.

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Fat Lama And The Airbnb of ‘Stuff’

PYMNTS

At the time, two of the co-founders, Rosie Dallas and Chaz Englander, were running a service renting out desk space a la carte to professionals. A sharing marketplace targeted at millennials. Why millennials. And from that, Englander said, an idea was born. as opposed to say everyone? Why own a car when one can take an Uber?

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Watch 9 Fintech Startups Pitch at Techstars & Western Union Demo Day (Oct 2020)

Fintech Labs Insights

Description: Alternative credit scoring and lending in emerging markets. Target customers: Millennials. HQ: Dallas, TX. Green Growth is Building a Platform for Millennial “Green” Investing (Fintech Startup of the Week). You can watch the entire 41-minute program here. Pentina 4-minute pitch @Techstars.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

million for its P2P lending platform for small businesses. Alt-lender focused on lending against existing automobile titles. P2P real estate lending marketplace. Peer-to-peer lending marketplace. Alt-lender targeting millennials . Tags: Consumers, youth market, lending, loans, credit, underwriting.

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The 2018 GonzoBanker Awards

Gonzobanker

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. This award goes to Ally Bank ’s mind-numbingly fast growth in its auto lending unit. The Millennial Over-Transparency Award. Pedal to the Metal Award.

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