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Lending

Graphic slide of Upstart Earnings presentation, Q2 2022
Lending
·Aug. 9, 2022

Upstart earnings disappoint

Upstart announced Q2 earnings on Monday, disappointing investors. The company lost $32.1 million overall, on total revenue of $228 million.

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Lending
·Dec. 5, 2008

A Brief History of Microlending

Microlending was pioneered by an economics professor named Mohammed Yunus who became frustrated by the cycle of poverty he saw...
Read Full Story
Secfi Launches Wealth Product
Fintech
·Sep. 28, 2022

Secfi launches wealth product

Secfi says access to this level of wealth management was previously limited to founders alone, and SecFi brings it to all members.
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lending
digital lending
·Nov. 15, 2023

Section 1071 Requirements are Coming; Banks Need a Strategy

Despite a stay, 1071 is expected to be implemented. Banks may need to rethink their approach to data processing.
Read Full Story
LendingPeer to Peer Lending
·Apr. 23, 2014

A 23 Year Old Backed By Mark Cuban, Eric Schmidt, and Peter Thiel Leads Upstart to Take on Lending Club and Prosper

At 23 years old, Paul Gu has attended Yale, been awarded a $100,000 grant as a Thiel fellow, co-founded Upstart,...
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A baby holds on to the ear of a piggy bank while being held by its mother.
Opinion
·May. 16, 2022

Prize-linked savings proves to be engaging savings mechanism for underserved bank customers

Savings are the foundation for building wealth, but millions of underserved Americans struggle to take the first step towards establishing financial security through an emergency savings account.
Read Full Story
Woman holds dollars and phone in her hands. Online money transfer.
LatAm
·Jun. 14, 2022

LatAm fintechs tap into region’s $128 billion remittance market

Fintechs are targeting the huge LatAm remittance market, as increased digitization paves the way for more affordable money transfers.
Read Full Story
Opinion
·Jun. 9, 2021

Three things Policymakers can do to help American small businesses after the Paycheck Protection Program

[Editor’s note: This is a guest post from Ryan Metcalf, Head of Public Policy & Social Impact at Funding Circle.]  The Paycheck...
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Lending
·Jan. 12, 2016

How to Apply for a Loan on Lending Club

This is part of our semi-regular series where we take an in-depth look at the platform experience from the borrower side....
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Lending
·Jun. 1, 2022

Nav teams up with Marcus to offer SMB credit lines

Nav announced a partnership with Marcus by Goldman Sachs to offer SMB owners lines of credit through machine learning on the platform.

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