loans

Edfinancial Lied About Student Loans, CFPB Says

Edfinancial Lied About Student Loans, CFPB Says
Edfinancial Lied About Student Loans, CFPB Says
March 30, 2022  |  CFPB

Student loan servicer Edfinancial Services lied to borrowers about their forgiveness and repayment options, the Consumer Financial Protection Bureau said Wednesday (March 30). Get the...

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Consumer Lending Rose in the UK, Fueled by Record Credit Card Borrowing
Consumer Lending Rose in the UK, Fueled by Record Credit Card Borrowing
March 29, 2022  |  Loans

Lending to consumers in Britain swelled in February, the most in five years, the Bank of England (BoE) announced Tuesday (March 29). Get the Full...

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Korean Housing Startup Dongnae Raises $20M
Korean Housing Startup Dongnae Raises $20M
March 25, 2022  |  Investments

Dongnae, a South Korean startup that aims to help tenants dealing with limited housing options, has raised 25 billion won (about $20.4 million) in a...

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Today in FinTech: Kadmos Eyes New Sectors; Chetwood Acquires Yobota
Today in FinTech: Kadmos Eyes New Sectors; Chetwood Acquires Yobota
March 24, 2022  |  Technology

Today in FinTech news, Kadmos is eyeing new industries as it secures seed funding, while Chetwood Financial acquires Yobota. Plus, new unicorn Clara expands into...

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Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
March 24, 2022  |  Loans

Until recently, offering that credit product has been easier said than done, involving finding a bank sponsor to handle compliance, risk modeling, underwriting — the...

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Stilt Raises $114M Series A in Debt and Equity Funding
Stilt Raises $114M Series A in Debt and Equity Funding
March 23, 2022  |  Investments

Stilt, a financial services startup focusing on assisting immigrants, raised $14 million in a Series A equity funding round and a $100 debt facility for...

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Data: B2B Firms Eye Embedded Finance Payment Options
Data: B2B Firms Eye Embedded Finance Payment Options
March 21, 2022  |  B2B Payments

The pandemic prompted businesses in almost every sector to rethink the way they carry out their operations, including when it comes to B2B payments. Get...

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JPMorgan Gives $1.5M to UK Loan Nonprofit
JPMorgan Gives $1.5M to UK Loan Nonprofit
March 17, 2022  |  Financial Inclusion

JPMorgan Chase has made a $1.5 million (1.2 million pounds) philanthropic commitment to help low-income and underserved people in the U.K. access affordable loans, the...

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