In this week’s PeerIQ Industry Update they cover the drop in unemployment to 3.8 percent and the rise in hourly...
Today OnDeck, GreenSky and LendingClub all reported their Q3 2018 earnings. Like last quarter we review the highlights from the...
Wednesday morning Goldman Sachs, not looking to be left behind, announced it would be acquiring GreenSky for $2.24 billion.
Finance is everywhere, and everywhere is finance. Smart city supply chains, self driving car insurance, video game real estate markets -- no matter which frontier technology you touch, it will have embedded implications on the delivery of financial services. And why wouldn't it? Like the use of language, finance is a human technology that allows societies to coalesce and compete with one another (in the Yuval Harari sense). It lifts people out of poverty and into entrepreneurship through microloans, providing generational sustenance for their families. And of course it also throws them into pits of corruption and greed, as they drink too deeply from the rivers of securitization and political power.
But enough poetry! I want to talk about augmented reality, attention platforms, and the re-formulation of payments and lending propositions in a global context.
CNBC reported today that Goldman Sachs is likely to take a "large writedown" as they seek to offload their ill-fated acquisition.
GreenSky noted in their end of the year earnings call that their acquisition costs were among the best in the...
GreenSky made headlines as the largest fintech IPO of the year in 2018. It was all downhill from there...
GreenSky is a point of sale lender which partners with merchants in a variety of verticals; they also work with...
We heard on Monday that newly public fintech company, GreenSky, has partnered with American Express in a wide ranging deal....
Every quarter we check in on the public online lenders. This includes LendingClub, OnDeck and GreenSky. LendingClub and Greensky reported...