According to data from Experian’s Clarity Services, online consumer lending has grown over 350 percent from 2013 to 2017. Funded single-pay volume rose 72...
Tag - alternative credit scoring
The rise of new technologies often give rise to new business models. The peer-to-peer lending space is just over a decade old and still have much to grow into...
In early October, TIME Magazine released its inaugural list of the top 50 Genius Companies, and two online lending companies, CommonBond and Oportun were...
Lendr is a platform that is looking to revolutionize the loan origination and loan management process by considering all parameters like past performance and...
Banks have to struggle with a lot of challenges – from issuing credit to operational risks, and technological troubles to good old fashion fraud. In addition...
Established in Russia in 2014, Scorista was born out of the need for a reliable risk-scoring model for Russian lenders. Leveraging the skills of famed Russian...
“We live in a digital world” is an understatement. The next decade, as Generation Z arrives and millennials move into prime spending years, will...
Reports estimate that over one-third of the American population has no record in any of the credit bureaus and, therefore, have no credit history. Millions of...
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Today’s main news: Prosper broadens its capital stack. MarketInvoice nabs 135M GBP from two European banks. Klarna hit by...
According to the Small Business American Dream Gap Report, almost 25% of all small businesses consider shutting down due to cashflow issues. With a reported 30...
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