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online lending

Fintech Earnings spooky
Fintech
·Oct. 29, 2021

Fintech earnings begin before Halloween

On Thursday, online lender Enova International posted a $52 million profit on $320 million in revenue, up 57% from the same time last year. In addition, total originations increased 26% sequentially to a record $856 million. Despite the good news, the stock saw only a 4% rise before falling back toward its downward trend this month.

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Public Markets
·Feb. 3, 2021

SPACs Become the Go To Listing Vehicle for Fintech Companies

One of the hottest trends on Wall Street has found its way to the fintech market. A SPAC or special...
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News Roundup
·Aug. 4, 2020

LendingClub Releases Q2 2020 Earnings

Today, LendingClub released their Q2 2020 earnings and as expected the results were pretty ugly. As the pandemic takes a...
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News Roundup
·Jul. 30, 2020

Awards Re-Launch: Nominations for the 4th Annual LendIt Fintech Industry Awards Open Until August 14th

In its fourth year, the LendIt Fintech Industry Awards highlights the great accomplishments of the people and companies that are...
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FintechUSA
·Jul. 21, 2020

The OCC Proposes True Lender Rule

The acting head of the OCC, Brian Brooks, has openly discussed his support for clarity on the ”true lender” rule;...
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Fintech One-on-One Podcast
·Jul. 2, 2021

Podcast 305: Brendan Coughlin of Citizens Bank

I have been following Citizens Bank for many years as they built this robust online lending operation across multiple verticals....
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News Roundup
·Nov. 4, 2020

LendingClub Shows Continued Recovery in Q3 2020 Results

This afternoon LendingClub released their earnings for Q3 2020. They have bounced back from the lows of Q2 showing a...
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FintechUSA
·Jul. 31, 2020

Awards Re-Launch: Nominations for the 4th Annual LendIt Fintech Industry Awards Open Until August 14th

In its fourth year, the LendIt Fintech Industry Awards highlights the great accomplishments of the people and companies that are...
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EuropeFintech
·Jul. 30, 2020

UK’s FCA Tells Finance Firms to Better Protect Customers

The UK’s Financial Conduct Authority ordered financial firms to do more to protect vulnerable customers; the FCA issued the order...
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Asia/PacNews RoundupFintechUSA
·Jul. 14, 2020

More News for July 14, 2020

Afterpay comes to physical stores in the US How Retailers Are Cashing In On A US Coin Shortage Google to...
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