loans

Amount Snaps Up Linear to Power Loan Origination Programs

Amount Snaps Up Linear to Power Loan Origination Programs
Amount Snaps Up Linear to Power Loan Origination Programs
February 01, 2022  |  Acquisitions

Banking tech provider Amount is acquiring small business and account origination platform Linear Financial Technologies for an undisclosed amount, the companies announced on Tuesday (Feb....

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Israeli FinTech Bizi Nets $7.5M for SMB Credit Lines
Israeli FinTech Bizi Nets $7.5M for SMB Credit Lines
January 30, 2022  |  Investments

Bizi, a FinTech company working to get credit lines to small and mid-sized businesses in Israel, has raised seed funding of $7.5 million, a report...

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US Banks Look for Interest Earning to Rebound in ’22
US Banks Look for Interest Earning to Rebound in ’22
January 27, 2022  |  Bank Regulation

A new economic forecast says U.S. banks will see more growth from the “bread and butter” business of taking deposits and lending money, Reuters writes....

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Crypto Lenders Gemini, Voyager and Celsius Network Under SEC Microscope
Crypto Lenders Gemini, Voyager and Celsius Network Under SEC Microscope
January 26, 2022  |  Regulation

The U.S. SEC has been scrutinizing several crypto firms because of an inquiry into companies paying interest on virtual token deposits, Bloomberg reports. Get the...

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LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
January 26, 2022  |  Payment Methods

In a Q4 LendingClub earnings call, CEO Scott Sanborn laid out the company’s vision for 2022, to keep building its on-balance-sheet loan portfolio and moving...

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Personal Loan App Provider Ranking Sees Stability as Leader Achieves Another Perfect Score
Personal Loan App Provider Ranking Sees Stability as Leader Achieves Another Perfect Score
January 24, 2022  |  Mobile Applications

If stability is a good thing to have among financial service providers, we’ve hit the jackpot in this month’s edition of the PYMNTS Provider Ranking...

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FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
FinTech Lenders Help Subcontractors Prime the Pump for Their Next Jobs
January 24, 2022  |  B2B Payments

Commercial construction, a $900 billion industry in the U.S., has the longest days sales outstanding (DSO) of any mature industry — 83 days. Get the...

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Tink Intros Instant Income Verification Service for Banks
Tink Intros Instant Income Verification Service for Banks
January 24, 2022  |  Banking

Open banking platform Tink is rolling out a new service in the U.K. that enables lenders to verify a person’s income using real-time data from...

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El Salvador Turns to DeFi, Uses Bitcoin-Backed Microloans to Fight Loan Sharks
El Salvador Turns to DeFi, Uses Bitcoin-Backed Microloans to Fight Loan Sharks
January 21, 2022  |  Bitcoin

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