credit

The dramatic rise and fall of online P2P lending in China

Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. When Emily Zhang was interning with a peer-to-peer (P2P) lending firm in the Summer of 20

The Third Age of credit

Society is beginning to wake up to a tremendous shift in one of the most fundamental underpinnings to how we live our lives: the credit system. Even though it’s not commonly known, credit infrastruc

Tesla uses auto leases to raise $546 million in asset backed securities

Tesla is using its car leases as collateral for a big $546 million loan as it turns to debt markets to raise additional cash to combat the blistering burn rate of its auto and energy business, accordi

Ex-Uber data chief Kevin Novak joins LA-based startup Tala in big win for LA ecosystem

Kevin Novak, the architect of Uber's dynamic pricing technology and the head of its data team, has joined the Los Angeles-based financial services startup Tala as its new head of data.

Uber introduces a credit card

Uber is getting into the credit card business. Announced today in partnership with Barclays and Visa at the Money2020 conference in Las Vegas, the new card gives Uber yet another point of access to in

Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America

Venture investing in Latin America continues to pick up the pace, with new deals in financial technology services leading the way. One example of investors’ renewed interest in regional financia

Equifax data breach help site leaves consumers with more questions than answers

Equifax just announced a massive data breach that could affect 143 million consumers. It's shaping up to be one of the largest hacks of all time. The information came mostly from U.S. residents, but a

Looking to sell utility billing data to lenders, Urjanet rakes in $20 million

With a pitch to provide utility payment data to lending companies, Atlanta-based Urjanet has managed to raise $20 million in new financing. Lenders are hungry for new ways to loan money to consumers 

Nova Credit launching from Y Combinator to give immigrants access to U.S. credit

Access to credit and establishing a credit history aren’t a luxury for people living in the US, they’re a necessity. A credit score is required to rent most apartments, get credit cards, a

Google to restrict ads for payday loans

Google announced today that it will no longer allow payday lenders to advertise on its systems because the loans often come with high interest rates and quick repayment requirements that push borrower

PayPal Credit expands to the UK with an interest-free option for purchases over £150

With $4.3 Million PayJoy Is Ensuring Smartphones Land In The Hands Of The Next 2 Billion

With Project Loon and Internet.org Companies like Google and Facebook are spending hundreds of millions of dollars each to ensure that everyone on the planet has access to the internet, but with a mod

J.P. Morgan, OnDeck And The Future of Alternative Lending

Earlier this month, J.P. Morgan announced a strategic partnership with OnDeck Capital to originate, underwrite, and distribute loans targeted specifically at small businesses. As evidenced by a 28%

Leveraging Technology To Make Credit Credible

The small-dollar credit (SDC) market -- think payday and auto-title lending -- is ripe for innovation and disruption. Most of the $44 billion industry consists of high-cost, low-quality products that

TC Cribs: Credit Karma’s Gorgeous Historic Office Meets Startup Style

This week’s episode of Cribs takes us to free credit and financial management platform Credit Karma. This growing financial startup just put the finishing touches on its new office space in the

Records Of 15 Million T-Mobile Customers Swept Up In Experian Hack

T-Mobile announced on Thursday the personal information of about 15 million customers was swept up in a hack on Experian, a vendor that processes the phone company's credit applications. The breach af

Aspiration, A “Merrill Lynch With A Conscience,” Gains Traction

As consumers, we can probably agree that bank profits are, well, gross. In the second quarter of this year alone, U.S. lenders wrung a record $43 billion from their customers. It’s the kind of sta

Apple Pay Now Supports Cards That Make Up 90% Of U.S. Credit Purchases

Apple Pay is gaining steam, just months after launch, with the company revealing to the NYT that it now supports cards from providers that make up 90 percent of the credit card purchases made in the U

Payments Network Dwolla Moves Beyond Cash With Launch Of “Dwolla Credit” In Partnership With ADS

Des Moines-based <a target="_blank" href="http://www.dwolla.com">Dwolla</a>, a company building web-connected infrastructure for managing digital payments, is today taking its first step to move beyon

With New Funding In Tow, Lendio And Creditera Are Helping Small Businesses Secure Loans And Avoid Bad Credit

Brock Blake and Levi King have founded more than six companies between them. Over the course of their various entrepreneurial endeavors, like many other small business owners entrepreneurs, Blake and
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