PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

CFPB Monitor

AUGUST 7, 2019

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” North Carolina Office of the Commissioner of Banks. Oklahoma Department of Consumer Credit.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

CB Insights

OCTOBER 26, 2017

Unicorns on the map include SoFi in California, Oscar in New York, Avant in Illinois, Kabbage in Georgia, and AvidXchange in North Carolina. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. LumoXchange (Arkansas, $200k raised) and CreditPoint Software (Oklahoma, $1.1M

United States 78

United States Fintech North Carolina Rhode Island 78

CB Insights

MARCH 13, 2019

valuation), Nuro ($2.7B), alternative lending startup Avant ($1.9B), AI-powered predictive sales acceleration platform InsideSales.com ($1.7B), salestech startup Afiniti ($1.6B), healthcare startup Butterfly Network ($1.3B), and data analytics company Dataminr ($1.2B). North Carolina. South Carolina. New Mexico.

United States 78

United States Rhode Island Massachusetts Connecticut 78

MyBankTracker

MAY 23, 2020

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

Rhode Island 52

Rhode Island Nebraska Alabama South Dakota 52

CB Insights

OCTOBER 10, 2017

Oklahoma — #12 in Credit Karma searches. South Carolina — #3 in Credit Karma searches. Even a well-known startup brand like Lending Club still spends about $200 per customer it acquires. If you pay $200 per customer like Lending Club, you’re paying a far-less-modest $100M. Acorns, at $4.50

Tools 78

Tools Millennials US Maine 78