More News for June 30th, 2020

June 30, 2020

Supreme Court strikes down CFPB leadership structure Experian’s Rob Haslingden: “Open Finance has the potential to fuel the ...

European Investors Looking to Back US Consumer Loans

June 29, 2020

Europe, Fintech, USA

Dynamic Credit is an asset manager that started in New York but has strong European ties; they have launched their new Diversified Loan Fund with ...

LendingClub Provides an Investor Update

June 26, 2020

Fintech, USA

LendingClub provided an investor update in a blog post yesterday that demonstrates the resilience of their borrower base; the company indicated that 90% of prime ...

Online Lenders Make Attractive Buying Targets for Banks

June 3, 2020

Fintech, USA

Online lenders have felt the brunt of the current crisis as many of the platforms operate on a marketplace model where investors buy ...

Why Decentralized Lending Today is Like the Early Days of P2P Lending

May 14, 2020

Fintech, USA

LendIt Co-Founder and current CCO of Centrifuge, Jason Jones, wrote a guest post on Lend Academy comparing decentralized lending to the early days ...

PeerIQ Newsletter: LendingClub Earnings; PayPal Resilient to COVID-19; Square 4x Reserve Build

May 11, 2020

Fintech, USA

PeerIQ provides their perspective on the jobs report from last week which they believe pegs true unemployment in the 18-20% range when accounting ...

LendingClub Releases Q1 2020 Earnings, Anticipates Originations to fall 90% in Q2

May 6, 2020

Fintech, USA

We are now getting a sense of the impact of the coronavirus crisis on lenders; yesterday, LendingClub announced their Q1 2020 earnings; just ...

LendingClub Shares Improvements in Cybersecurity

April 30, 2020

Fintech, USA

LendingClub is beefing up their security practices, adding a layer of security to product its data and applications; they are leveraging software from ...