Streetshares operates in a niche where it can reduce its cost of customer acquisition and raises capital in a novel way. Streetshares is the first small...
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Qwil provides debit cards to contractors which they can fund using mobile apps by transferring from their uncollected earnings for a fee. That not only allows...
US
Avant layoffs 7.5% , targets profitability in 2 years, shuts down new markets.
SoFi securitization rated AAA, 1st one in marketplace lending.
Explanation...
The first half of May was challenging for the alternative lending industry. As a result, now there is a plenty of alarmists’ notes implying that recent...
Credilike.me‘s gamification feature encourages borrowers to pay on time and rewards them with the higher loan amount, longer tenure, and reduced APRs. It...
According to the Alternative Finance Benchmarking Report, Marketplace Business Lending model was responsible for generating $2.62 billion of loans in 2015...