The biggest fintech show on the east coast is just one month away, Fintech Nexus USA 2023, and discounted pricing ends April 21.
BM Technologies, a BaaS fintech that went public through a SPAC announced they plan to buy First Sound Bank, a community bank from Seattle.
The LendIt Rewind podcast has audio of all the sessions from LendIt Fintech USA 2018 conveniently published in a podcast...
Lend Academy Article: Orchard Launches New “Deals” Platform Connecting Institutional Investors and Originators
Orchard has been working for a long time on their new platform called Orchard Deals; the platform has been redesigned from the ground up and boasts more than just a secondary market; features include deal listings, capital management, advanced analytics, data services and news & insights; Peter Renton from Lend Academy spoke with Orchard CEO Matt Burton and outlines what’s new in the blog post. Source
Both Lending Club and Prosper have announced several programs to help borrowers affected by Hurricane Harvey; Lend Academy shares an email to Lending Club investors which states approximately 30,000 live in the affected areas; Lending Club has made changes around collections calls, late fees, credit bureau reporting and hardship plans; Prosper has taken similar actions by waiving late and NSF fees as well as adjusting payment schedules. Source
After more than a decade of conferences and content, fintech has evolved past online lending alternatives: Fintech Nexus brides the gap.
Yesterday morning, four fintech experts joined a Lendit panel to discuss Buy Now Pay later: how to lay the foundations for a successful BNPL offering.
Matt Hancock is the Secretary of State for Digital, Culture, Media and Sport and a Member of Parliament for West...
Robo advisors are meant to be simple and automated to keep costs low and allow your wealth to accumulate; in looking at the top four firms in the market the Wall Street Journal found that humans choose what goes into the portfolios; this begs the question whether investors are aware of this human intervention; the WSJ takes a closer look at how Vanguard Group's Vanguard Personal Advisor Services (PAS), Betterment, Wealthfront and Schwab Intelligent Portfolios allocate their clients money; while robo advisors are deemed a simple solution they might not be and investors should understand how their money is allocated. Source
Renaud Laplanche's new consumer lending platform, Upgrade, has announced a new executive hire; John Dye will be joining the executive team as general counsel; John brings experience from Western Union and has also worked at Freddie Mac, Citigroup and Salomon Smith Barney; John Dye will support the firm's legal, compliance and regulatory operations; he is joined by Louis Shansky who has also been hired as deputy counsel. Source