lending

Lendix raises $37 million for its lending marketplace

French startup Lendix has raised a new funding round of $37 million (€32 million). With this new influx of cash, the startup has one goal in mind. It wants to become the leading lending marketplace

Intuit launches QuickBooks Capital, a small business lending service powered by AI

Intuit, the company behind products like QuickBooks and TurboTax, is getting into the small business lending space. With QuickBooks Capital, QuickBooks users can now get access to small business loans

Are employers the latest financial services disruptors?

Much like healthcare years ago, financial wellness is evolving into an essential employee benefit. Valuable to both employers and employees, this trend offers ripe opportunity for innovation.

Small business lending in Mexico gets a boost

Micro-lending and small business financing are a critical component of economic growth around the world, and the need for access to low-cost capital is especially important in developing countries. Th

Dharma wants to let anyone borrow a small amount of cryptocurrency

dApps, or decentralized apps, are open-source applications built on top of a blockchain. But here’s the thing – users usually can’t interact with these dApps unless they have tokens

Small business loan platform Kabbage nabs $250M from Softbank

Kabbage, a company with some 115,000 customers and $3.5 billion in loans that has built an automated platform for lending money to small businesses and individuals using a large set of data points to

Affirm now has 1,000 retail partners

Today Affirm has announced that it has more than 1,000 merchants signed up to offer its financing options at checkout, helping to reduce the friction around making large purchases and, by extension, i

Wealthfront has launched a lending product

Automated financial investment and advisory service provider Wealthfront is now getting into the lending business. It seems like a good way for the company to juice revenues through interest payments

Elevate Credit pulls off lending IPO

After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today. Elevate priced at $6.50 per share, closing the day up over 19

Amazon ends its student loan partnership with Wells Fargo, six weeks after launch

Amazon’s latest perk — discounted student loans, aimed at Amazon Prime Student customers — is no more, according to a report from Bloomberg, and confirmed by both companies. The p

How new tech can improve the loan process

Anyone who keeps up with the stock market is likely aware that Lending Club is in hot water. Anyone with professional lending experience is likely unphased by this. Even so, peer-to-peer services rema

Affirm secures $100M in Series D funding to expand beyond loans

Affirm, the alternative lending site started by PayPal co-founder Max Levchin, has raised a $100M Series D led by fellow PayPal co-founder Peter Thiel’s Founders Fund. The all equity round, whi

Future Finance raises $171M to grow its student loan platform in Europe

The idea of student loans is still a relatively new one in many parts of Europe, where university education in several countries is either entirely or largely subsidised by the government. But as t

Lessons From An Advertising Past

The Lending Club IPO was a watershed moment for marketplace lending. One of the largest U.S. public Internet offerings ever, its success makes crystal clear that peer-to-peer lending is not only here

Vouch Raises $6 Million Series A For Its Social Network For Credit

Vouch, a so-called "social network for credit" founded by ex-PayPal and ex-Prosper alumni, now has an additional $6 million in Series A funding to continue to grow its business. While there are a numb

P2P Lending Site Funding Circle Raises $150M Led By DST At A $1B+ Valuation

Time to make way for another startup juggernaut out of the financial world. Funding Circle — a London-based peer-to-peer platform for small businesses to get loans, and investors to put up

WeFinance Offers A Crowdfunded Alternative To Student Loans And More

WeFinance, launching today, is the latest startup to use a combination of technology and crowdfunding in order to offer borrowers lower interest rates on loans, while reducing lenders' risk. The new p

Online Lender Avant Acquires Debt Management Service ReadyForZero

Online lending platform Avant has acquired ReadyForZero, a Y Combinator-backed startup that helps consumers better manage their personal debit and credit using online financial software, the companies

With Karrot, Kabbage Digs Into Lending Club’s And Prosper’s Consumer Loans Business

Kabbage, the Atlanta-based startup that has raised hundreds of millions of dollars to build and run a money lending platform for small, online businesses, is turning over a new leaf, so to speak: toda

Chromebook Lending Library Offers Students At 12 U.S. Colleges A Free Laptop To Borrow

Google is teaming up with a dozen college campuses across the U.S. to provide access to free Chromebook notebooks to any student who wants one, in a system that lets them temporarily check out the lap
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