When an industry develops at a breakneck speed, the law can take some time to catch up. Existing regulations usually do not fit new paradigms, and it can...
Tag - financial advice
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Today’s main news: Prosper to introduce HELOCs. Affirm to rebrand, get into travel. Elevate Credit misses earnings estimates. Zopa says...
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Today’s main news: Betterment adds financial advice packages. Funding Circle the fastest growing P2P lender in UK. TransferWise revenue...
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Today’s main news: SoFi reports $200M loss in Q2. OnDeck jumps 18%. LendingClub sees record net revenues in Q2. Alipay fined for...
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Today’s main news: Square pulls bank license application. Lendio facilitates 5K loans for California small businesses. Crowdfunding.de...
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Today’s main news: Money360 surpasses $750M in commercial real estate loans closed. Attorneys defend $16M LendingClub fee. Funding...
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Today’s main news: Online lenders tighten rules against default wave. UK P2P lenders join effort to overturn Brexit. Consumer credit...
By the very definition of FinTech, online lenders have been using technology to transform financial services. In the early days, this equated to moving the...
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Today’s main news: Robinhood raises $363M. Americans on pace to amass $4T in consumer debt by end of year. Zopa to boost regulatory...
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Today’s main news: OnDeck closes $100M credit facility. LendingClub expected to announce quarterly sales of $152.18M. Affirm expands to...