Bank Innovation
MARCH 16, 2016
Millennials hate credit — but a new service called Lenny is out to change that. It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Lenny is meant for mobile (of course) and launched today in California.
Bank Innovation
APRIL 28, 2017
There are advantages to being local Whether they prefer to interact with an institution online or in person—or a combination of the two—millennials tend to look for organizations that are involved in making their area a better place to live. In the blue-collar community of Clute, Texas, […].
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PYMNTS
SEPTEMBER 17, 2019
While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.
PYMNTS
FEBRUARY 23, 2018
Blinker started out in Colorado and Texas. To speed up that process, Blinker is currently in discussions with a series of larger banks and credit unions, which would allow them to transact on their lending licenses and move more quickly into markets. “Buyers, on the other hand, are saving around $2,000 – so this is real money.”.
Gonzobanker
DECEMBER 20, 2019
Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. In a state that wears autonomy on its chest, it was a bold move for two successful players to collaborate and create a $50 billion powerhouse and the largest independent bank in the great state of Texas! Credit Union Merger of the Year.
Gonzobanker
DECEMBER 20, 2018
This award goes to Ally Bank ’s mind-numbingly fast growth in its auto lending unit. According to BankRegData, Ally has grown its auto lending portfolio by 68% since 4Q15. Ally accounted for over half of the entire bank auto lending industry’s growth over the same period. The Millennial Over-Transparency Award.
Fintech Labs Insights
JANUARY 18, 2016
HQ: Austin, Texas. Millennial saving & investing app. Online consumer lending. Person-to-person small biz lending platform. Multi-family lending management. Tags: SMB, enterprise, commercial lending, non-residential real estate, underwriting, investing. Source: Finovate. Person-to-person lender.
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