Upstart announced Q2 earnings on Monday, disappointing investors. The company lost $32.1 million overall, on total revenue of $228 million.
People with higher credit scores are more likely to have grown up in an environment where they learned how to use credit to their advantage.
Household debt continues to rise, proof that more families are struggling to make ends meet, fintech industry executives believe.
A New York Fed report shows Americans leaned heavily on their credit cards in June to offset growing financial pressures from inflation.
On Tuesday, Denver-based online lender Funding Circle launched a partnership with DreamSpring, to increase access to funding for SMBs.
·
The Bank of Missouri has partnered with Corserv to enable the issuing of Visa credit cards for their customers.
Tricolor uses AI and decades of auto finance experience to provide credit to Hispanic motorists in the United States via an integrated model.
Fintechs are targeting the huge LatAm remittance market, as increased digitization paves the way for more affordable money transfers.
Nav announced a partnership with Marcus by Goldman Sachs to offer SMB owners lines of credit through machine learning on the platform.
Savings are the foundation for building wealth, but millions of underserved Americans struggle to take the first step towards establishing financial security through an emergency savings account.