Cboe Proposes Plan That Could Curb Advantages of Fast Traders European banking needs a Big Bang Hong Kong-based EMQ raises...
A majority of fintech companies today focus on providing faster and cheaper financial products to already well-served Americans. While this...
Jefferies has renewed their loan purchase agreement with small business lender Bond Street; deal expands loan purchases to as much as $300 million building on a $100 million commitment from mid-2015; Bond Street has also expanded their term product and now will make loans from $10,000 to $1 million; previous loans were between $50,000 to $500,000; investors in the company include Spark Capital, Homebrew as well as the co-founder of Airbnb and David Chang, chef and owner of momofoku. Source
The Wall Street Journal is reporting today on a potential $5 billion investment into Prosper loans. This deal has not...
Figure has announced the commitment of a $1 billion uncommitted asset based financing facility on their Provenance blockchain; the funding...
It was almost seven months ago when the news first came out about a massive deal that was in the works...
According to a report from GlobalCapital, Jefferies and Lending Club are partnering on a new securitization for Arcadia Funds; the portfolio is expected to include approximately $300 million of prime consumer loans from Lending Club. Source
For some time now we have had something of a duopoly in the consumer p2p lending space. Lending Club and...