Source: opploans.com
Affirm Inc., an online lender, is reportedly in late-stage talks to land a new round of financing that would propel it to unicorn startup status....
LexinFintech Holdings Ltd., operator of China’s leading online lender Fenqile, was slated to meet with advisers over the weekend to decide if it will go...
Last week, we told you a tale of two Fed studies, which were putatively about the same topic, but drew nearly opposite conclusions. The first study, released last...
China CITIC Bank and Baidu, China’s leading internet search company, announced Saturday (Nov. 18) the launch of a new direct banking joint venture. According...
Goldman Sachs revealed that it can reach $13 billion in new consumer loans in the next three years through its Marcus online lending business. According...
Online consumer lending – in a variety of forms – has grown explosively over the last decade. In 2010, digital lenders originated $249 million in unsecured personal...
The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who...
While it would not be accurate to say Milli Vanilli sang the infamous song “Blame It On The Rain,” they certainly lip synced along with it convincingly...
Social Finance, otherwise known as SoFi, the student loan online lender, is giving up on its hopes to become a bank for now. According to...