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Lending

Close up hands of businessman signing and stamp on paper document to approve business investment contract agreement.
Opinion
·Feb. 14, 2023

Marketplace lending loan portfolios: Credit analysis, collateral performance, and valuations in transitory markets

The canary is now 10+ years old as prominent platforms like SoFi and Upstart launched in the early 2010s, and Freedom Financial (now Achieve) has been around for two decades.
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Anish Dhanjee writes his ideas for EqualSeat on a white board
Lending
·Oct. 17, 2023

EXCLUSIVE: Creating an Equal Seat at the Investment Table

Today, AVANA Companies launched Equal Seat, the first step in their goal to "democratize" private commercial debt investment.
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better head
Fintech
·Feb. 28, 2023

Better Offers Vested Equity as Homebuying Collateral for Amazon Employees

Better have launched the Equity Unlocker, allowing employees to use vested equity as collateral for mortgages.
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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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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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BNPL-Buy Now Pay Later shopping online icon concept. Businessman using a computer to BNPL. Online shopping. Paying after delivery.
Opinion
·Dec. 27, 2022

BNPL providers should consider FTC’s ‘compliance checks’

BNPL providers should consider the FTC's suggestion to "conduct a compliance check," including reviewing their policies and procedures.
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AI
·Feb. 15, 2024

Lendbuzz uses AI to disrupt assessments, earns $219M AAA securitization

Lendbuzz blends its founders’ early experiences with AI to disrupt traditional assessment methods and widen the pool of credit-worthy individuals.
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SMB Lending in a Down Market
Fintech
·Oct. 5, 2022

Webinar: SMB lending in a down market

Todd Anderson sat down with financial services leaders to discuss a possible recession and what it could mean for SMB lending.
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Silicon Valley Bank - Fintech Nexus News
Banking
·Jan. 5, 2024

2024 Update on Silicon Valley Bank: Fintech Focus Persists While Competition Heats Up

Silicon Valley Bank is still open for business for fintech companies. In many ways, even though it is now part of First Citizens Bank, it is very similar to what it was before, at least from a fintech perspective.
Read Full Story
Lending
·Nov. 1, 2023

Funding Circle Approved for SBA 7(a) Program

Funding Circle has been approved by the SBA for one of three new licenses for its hallmark 7(a) small business lending program, the only fintech to be approved.
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