With a new year on the horizon, setting financial goals is top of mind for many U.S. consumers. The past 12 months have been a financial roller coaster, as inflation continues to weaken consumers’ spending power. In November, 63% of U.S. consumers were living paycheck...
“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” The above quote is usually attributed to Albert Einstein, widely considered one of the greatest minds of the 20th century. As is the case...
U.S. corporates are weighed down by $9 trillion in debt that analysts have said could lead to economic trouble in only a few years. Recent reports in CNBC said analysts are once again raising concerns over the debt as it “teeters” between investment grade and...
If the world were a more logical place, it would always be easy for a borrower to pay their debts as quickly and easily as possible. Everyone’s goals would be aligned, ensuring that funds are repaid on time and with minimal investment of time or energy....
November 20, 2023
Spanish FinTech company Fence has reportedly raised 1.8 million euros (about $2 million) in its pre-seed financing round. The firm will use the new funding to grow its software that automates and optimizes debt operations for asset financing, EU-Startups reported Monday (Nov. 20). Fence did not immediately reply to PYMNTS’ request for comment. One of […]
June 29, 2017
Direct online lender LendUp, which provides personal loans to underserved banking customers, announced that it has raised strategic funding from PayPal and expanded its executive ranks. According to Tech Crunch, LendUp wants to...
