That was quick. After receiving preliminary approval from the OCC on December 30, LendingClub announced today that they have now...
This morning I just read this article on Reuters PE Hub. It claimed that Lending Club is also seeking a...
There is big news out of Prosper this morning. They have made their second acquisition this year (in January they...
Online near prime lender LendingPoint to boost expansion into point-of-sale with acquisition of LoanHero. Source
The great fintech consolidation of 2020 continues. While we knew this deal might be coming, as it was leaked last...
Since the financial crisis mergers and acquisitions by banks has reduced substantially. This has been a global trend that may...
It’s not often we report on acquisitions in fintech. From my perspective this is because the industry is still relatively...
Revolut is keeping an eye out for potential acquisitions with the help of their recent $500 million round; with many...
Credit Karma is positioning itself to be more than just a place to check your credit score; the company currently has 80 million customers and currently has advantages in significant scale and the data it houses; they are now looking at using chatbots with their acquisition of “Penny” to further their relationships with their customers. Source
Nubank has acquired US software consulting firm Cognitect in its first acquisition outside of Brazil; the world’s largest digital bank,...