loans

Lending Platform Peach Raises $20M to Grow Loan Management

Lending Platform Peach Raises $20M to Grow Loan Management
Lending Platform Peach Raises $20M to Grow Loan Management
September 15, 2021  |  Loans

Peach, a Software-as-a-Service (SaaS) loan management company, has raised $20 million in a Series A funding round, according to a press release on Tuesday (Sept....

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Fannie Mae Will Consider Rental Payment History for Mortgage Applications
Fannie Mae Will Consider Rental Payment History for Mortgage Applications
September 14, 2021  |  Real Estate

Starting Saturday (Sept. 18), mortgage financing giant Fannie Mae will consider rent payment histories when determining the creditworthiness of people looking to finance homes. Get...

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Capital One Eyes Testing BNPL Waters With POS Offering
Capital One Eyes Testing BNPL Waters With POS Offering
September 13, 2021  |  Buy Now Pay Later

Capital One will be testing out a buy now, pay later (BNPL) product as consumer loans see rising competition, Reuters reported. Get the Full Story...

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As Ant Reconfigures Loan Business, China’s SMBs Could See Credit Headwinds 
As Ant Reconfigures Loan Business, China’s SMBs Could See Credit Headwinds 
September 13, 2021  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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China to Split Loan Business From Alipay, Calls on Ant Group to Turn Over User Data
China to Split Loan Business From Alipay, Calls on Ant Group to Turn Over User...
September 12, 2021  |  International

Beijing is angling to break up the super-app Alipay in order to make a new app for the company’s 1 billion-plus-user loans business, a Financial...

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LendingClub LCX Platform Allows Investors Access to Loans
LendingClub LCX Platform Allows Investors Access to Loans
September 10, 2021  |  Loans

LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. Get the Full...

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Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
September 10, 2021  |  Investments

Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday...

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Latvian Lending Marketplace Mintos Expands Beyond Loans to Offer Investments 
Latvian Lending Marketplace Mintos Expands Beyond Loans to Offer Investments 
September 09, 2021  |  Investments

After six years of operating as a peer-to-peer (P2P) lending marketplace, Mintos CEO and Co-founder Martins Sulte said that it made sense for the company to...

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CFPB Sues LendUp Alleging Online Lender Broke Consent Order
CFPB Sues LendUp Alleging Online Lender Broke Consent Order
September 08, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is alleging in court that LendUp Loans has violated a 2016 consent order and deceived borrowers, according to a...

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