Predatory lending, Interest, Unsecured loan, Credit, Debt, Loan

Shares Of Fintech Lender Upstart Jump 47% On First Day Of Trading

Le Dec 16, 2020
@Forbes a partagé
The shares of fintech lender Upstart jumped 47% on the first day of trading https://t.co/69Hc5BgliT https://t.co/BJvDwXYtFP
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In March, the outlook for fintech lenders like Upstart looked grim. But the Silicon Valley company has fared better than many expected.

www.forbes.com
Le Dec 16, 2020
@Forbes a partagé
The shares of fintech lender Upstart jumped 47% on the first day of trading https://t.co/69Hc5BgliT https://t.co/BJvDwXYtFP
Open

Shares Of Fintech Lender Upstart Jump 47% On First Day Of Trading

Shares Of Fintech Lender Upstart Jump 47% On First Day Of Trading

In March, the outlook for fintech lenders like Upstart looked grim. But the Silicon Valley company has fared better than many expected.

Coronavirus Spread Puts Fintech Lenders At Risk

Coronavirus Spread Puts Fintech Lenders At Risk

As the coronavirus spreads at an exponential rate, American businesses are hunkering down. Among fintech companies, those lending money to average Americans may be facing the biggest risks.

The Current State of the Installment Loan Sector

The Current State of the Installment Loan Sector

In the last month I’ve delved into the real estate fintech market and the small business lending space. The vertical that really kickstarted the online lending space, though, was personal ...

Survive and Accelerate: Marketplace lenders’ varied paths to the next growth stage post-Coronavirus

Survive and Accelerate: Marketplace lenders’ varied paths to the next growth stage post-Coronavirus

Rising unemployment, small business failures, and impending recession pose an existential threat to ...

In partnership with

In partnership with

As aggressive online lenders are preying on desperate borrowers, the surge in fintech lending may have dire consequences for American consumers.

"Fintech" Borrowers More Likely to Default?

"Fintech" Borrowers More Likely to Default?

Figure Files for a Charter, BAML Gets "No Action", Beam Blows Up

The Dark Side of Fintech Borrowing

The Dark Side of Fintech Borrowing

Fintechs have revolutionized the banking industry, but some customers end up worse for the experience, according to research by Marco Di Maggio and colleagues.

Fintech lenders tighten their standards, becoming more like banks

Fintech lenders tighten their standards, becoming more like banks

Online personal loans were easy to get for years. Now fintech upstarts want borrowers with higher incomes and above-average credit scores.

Fintech lenders tighten standards, become more like banks

Fintech lenders tighten standards, become more like banks

Lara Briehl had a desperate client who was itching to accept an offer. The man was struggling to pay his bills, and an online lender had offered him a personal

SunTrust Bank Goes Fintech with Online Lending from LightStream

SunTrust Bank Goes Fintech with Online Lending from LightStream

Online lending is the future. Everybody knows that. It is easier, faster, and more convenient for both lender and borrower. Over the past decade or so, a good number of direct lenders, be ...

‘Fintech’ Firms Fueling Rise of Personal Loans, Experian Says

‘Fintech’ Firms Fueling Rise of Personal Loans, Experian Says

Personal loans are the “fastest-growing type of consumer debt” in the past year, according to data from Experian. Personal loan debt reached $273 million in the second quarter, an 11 ...

Personal Loans Are Much Riskier Than Banks Lead You To Believe

Personal Loans Are Much Riskier Than Banks Lead You To Believe

A vacation or wedding loan could cost you in ways you hadn't imagined.

Alternative Lenders Satisfying Customers with Digital Platforms and Quick Approvals, But Still Not Viewed As Customer Driven, J.D. Power Finds

Alternative Lenders Satisfying Customers with Digital Platforms and Quick Approvals, But Still Not Viewed As Customer Driven, J.D. Power Finds

COSTA MESA, Calif.: 25 March 2019 — Record levels of credit card debt, rising interest rates and a proliferation of alternative lenders are making personal loans the fastest-growing ...

Lenders Shunned Risky Personal Loans. Now They’re Competing for Them

Lenders Shunned Risky Personal Loans. Now They’re Competing for Them

Banks and fintech companies are plunging with new vigor into a risky area of consumer finance.

Online lender Upstart eyes expansion after latest funding round

Online lender Upstart eyes expansion after latest funding round

The San Francisco fintech, which uses artificial intelligence to make consumer credit decisions, has raised an additional $50 million. It also announced new partnerships with lenders and ...

How fintech has reshaped the business lending process

How fintech has reshaped the business lending process

How has Fintech transformed the business lending process? Let's find out.

Upstart raises $50 million and partners with banks to expand its AI lending business

Upstart raises $50 million and partners with banks to expand its AI lending business

Upstart, a startup that uses AI to identify who should get a loan, said today it has raised $50 million and inked deals with banks to expand its business.