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The online lending marketplace will use the equity financing from WestBridge Capital to diversify the digital products its offers banks trying to compete for small-business borrowers, its CEO says.
June 4
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The San Diego parent of Ascent Student Lending said Tuesday that it will buy Skills Fund, an Austin, Texas, startup that specializes in lending to students at computer-coding boot camps.
June 4
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The trade organization is promoting deputy general counsel John Court to succeed Jeremy Newell in July.
June 4
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Credit unions have made new hires and announced promotions while others are celebrating staff and directors being given awards.
June 4
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Lawmakers waded into a growing debate about the threat posed by corporate credit risk.
June 4
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Five executives were appointed to new roles within the revamped business unit that houses business banking, government and institutional banking and middle-market banking. All will report to commercial banking head Kyle Hranicky.
June 4
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Adyen and African fintech Cellulant are working together to expand Adyen’s global payments offering to hundreds of merchants, banks and mobile network operators in Africa.
June 4 -
With the Trump administration appearing willing to shake up Fannie Mae and Freddie Mac without Congress, Reps. Lacy Clay, D-Mo., and Sean Duffy, R-Wis., said legislative action should be a priority.
June 4
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Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.
June 4
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Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State.
June 4
