Remove Dallas Remove Lending Remove Millennials Remove Online
article thumbnail

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.

Lending 116
article thumbnail

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.

Company 12
article thumbnail

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. In February 2018, the bank announced it was closing its online brokerage business and selling its more than 1 million brokerage accounts to E*Trade Financial Corp.

Fintech 105