alt lending

Affirm Updates BNPL App Ahead of Holiday Shopping Season
Affirm Updates BNPL App Ahead of Holiday Shopping Season
October 30, 2024  |  Buy Now Pay Later

Ahead of the holiday shopping season, payments network Affirm is upgrading its app. The company, known for its buy now, pay later (BNPL) offering, now...

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Digital Lending Marketplace Offers $3M In Financing To Amazon Sellers
Digital Lending Marketplace Offers $3M In Financing To Amazon Sellers
May 05, 2020  |  Retail

Digital lending marketplace BitX Funding, which matches business owners and non-bank lenders, is aiming to help Amazon third-party (3P) sellers grow. The company has brought...

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Interest Rates to Pinch Alt Lenders and Digital Banks
Interest Rates to Pinch Alt Lenders and Digital Banks
March 11, 2020  |  Banking

Welcome to the unchartered territory for the lending landscape – at least for those who were born and came of age in the new Millennium,...

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Fed: Two-Thirds Of SMBs Are Dissatisfied With Online Lenders
Fed: Two-Thirds Of SMBs Are Dissatisfied With Online Lenders
January 14, 2020  |  Loans

In the wake of the Great Recession, small businesses found it difficult to secure loans via banks – and even when they were available, the...

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Why Migrant Workers Need Their Own Financial Services
Why Migrant Workers Need Their Own Financial Services
October 08, 2019  |  Alternative Finances

According to the Bureau of Labor statistics, as of 2018 (the last full year for which data is available), there were 28.2 million foreign-born persons in...

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Bringing Debt Management Into The Digital Age 
Bringing Debt Management Into The Digital Age 
July 24, 2019  |  Alternative Finances

“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” The above quote...

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P2P Chinese Lender Dianrong Seeks $100M Amid Regulations
P2P Chinese Lender Dianrong Seeks $100M Amid Regulations
April 17, 2019  |  Investments

Chinese peer-to-peer (P2P) lender Dianrong wants to raise $100 million in an attempt to outlast a regulatory squeeze on the industry in the country, according...

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Onward Financial’s Employer-Backed Payday Loan Alternative
Onward Financial’s Employer-Backed Payday Loan Alternative
February 05, 2019  |  Loans

You know the story. Critics say that short-term, small-dollar loans push consumers into the hamster wheel of a never-ending debt cycle – one that turns a two-day...

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Lambda’s Student Loan Alternative
Lambda’s Student Loan Alternative
January 29, 2019  |  Loans

Student debt in America has grown to staggering proportions. By the end of 2018, 44 million Americans collectively held $1.5 trillion in debt related to...

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