Personal, unsecured loans issued through online lenders like Best Egg, LendingClub and Upstart have long been seen as particularly vulnerable in a downturn. But new...
Fundbox Founder Eyal Shinar is moving over from his CEO role to become the B2B credit-and-payments company’s executive chairman. Prashant Fuloria, currently Fundbox’s chief operating...
April wasn’t a good month for consumer-credit use. According to the latest Federal Reserve data, U.S. consumer borrowing dropped 19.6 percent — its fastest decline...
For individuals and small businesses that are having trouble covering the rent during the COVID-19 economic collapse, but might have a credit card or line...
The Paycheck Protection Program (PPP) has dealt some difficult lessons, even to the largest Main Street lenders, as financiers struggle to meet demand, seamlessly process...
Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. Oriente, which provides customers with financial resources like...
Post-financial crisis, an influx of alternative lending players emerged to accelerate business finance digitization and expand choices for borrowers. In many ways, it was great...
Through small business finance broker Funding Options, around 20 alternative lenders will now have the power to receive open banking data directly to begin making...
As financial service providers deploy new solutions on the heels of open banking regulatory initiatives in the U.K. and Europe, players in other geographies have...