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Marketplace lenders that have partnered with banks face more scrutiny after a federal judge in California handed a legal victory last week to the Consumer Financial Protection Bureau.
September 9 -
Within five years, a dramatic transformation of the mortgage market will force firms to expand product menus beyond mortgages to develop stronger relationships with their customers.
September 8 -
The large marketplace lender is turning to everyday savers as it seeks to bounce back from a damaging scandal.
September 8 -
Live Oak Bancshares in Wilmington, N.C., has formed a renewable energy lending division.
September 7 -
Despite their slowdown in growth, marketplace lenders are still in good position to gain from the digitization of the financial services industry.
September 7 -
Nat Hoopes, executive director of a trade group that represents the chief executives of Wall Street banks, is making the jump to fintech.
August 25 -
Lending Club hired a pair of Wall Street executives to strengthen relationships with investors after many pulled back from buying the loans it arranges online during a tumultuous second quarter.
August 24 -
LendingClub wasnt alone in its suffering during the second quarter.
August 24 -
Medallion Financial, trying to diversify beyond its traditional business of financing taxi drivers, plans to issue loans on behalf of web-based lenders. But that new strategy faces some potential pitfalls.
August 24 -
Fundation Group, a New York-based online small-business lender, announced Tuesday that it has secured a $100 million credit facility from Goldman Sachs.
August 23