online lending

Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.

Source: opploans.com

Global Data Registry Launches Loan Registry On IBM Blockchain Platform
Global Data Registry Launches Loan Registry On IBM Blockchain Platform
June 27, 2018  |  Blockchain

Global Debt Registry (GDR) announced on Wednesday (June 27) the launch of its loan registry, created to verify and provide transparency for loan data on the...

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Lendix Notches $37M Amid European Expansion
Lendix Notches $37M Amid European Expansion
June 04, 2018  |  Europe

After raising $37 million in a funding round backed by investors such as Idinvest and Allianz, French lending platform Lendix is eyeing expansion in Europe....

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Online Lending To Small Business Increases 50 Percent Between 2015 And 2017
Online Lending To Small Business Increases 50 Percent Between 2015 And 2017
June 01, 2018  |  Loans

Between 2015 and 2017, the amount of lending to small businesses by the five leading online lending providers increased 50 percent, according to a new...

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SoFi CEO Talks Up Milestones, Values In First Letter To Shareholders
SoFi CEO Talks Up Milestones, Values In First Letter To Shareholders
May 16, 2018  |  Alternative Finances

SoFi’s new chief executive officer Anthony Noto penned his first quarterly missive to shareholders highlighting the company’s mission and its company values but declining to...

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Lending Club Surprises With Profits On Higher Loan Volume
Lending Club Surprises With Profits On Higher Loan Volume
May 09, 2018  |  Alternative Finances

Exactly two weeks ago today (April 25), LendingClub‘s stock hit an all-time low with the announcement of an FTC-backed lawsuit alleging that it loading up...

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Beyond Bitcoin, Token Regulation Looms, While Dodd-Frank Still in Bloom?
Beyond Bitcoin, Token Regulation Looms, While Dodd-Frank Still in Bloom?
May 07, 2018  |  Regulation

Bitcoin may be the marquee name in cryptocurrencies, but regulation may loom for its digital dollar brethren. Recent inquiries from regulators in the federal securities...

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Virginia Sues Online Lender Over Consumer Loans
Virginia Sues Online Lender Over Consumer Loans
May 04, 2018  |  Consumer Finance

Virginia is suing one of the largest online lenders in the U.S. after reportedly charging Virginians millions in interest and fees. In a lawsuit, the state...

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LendingClub Gets Sued By The FTC; Stock Hits Record Low
LendingClub Gets Sued By The FTC; Stock Hits Record Low
April 25, 2018  |  Legal

LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after...

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Goldman Sachs Buys Personal Finance App Clarity Money
Goldman Sachs Buys Personal Finance App Clarity Money
April 16, 2018  |  Fintech Investments

Goldman Sachs Bank USA announced Sunday (April 15) that it has acquired Clarity Money, the personal finance app, for an undisclosed sum. In a press...

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