LendingPoint Inks a Deal With eBay to Provide Small Business Loans from Lend Academy – Near prime consumer lending platform, LendingPoint, is getting into small business lending with this new pilot program with eBay called eBay Seller Capital. The executive team at LendingPoint all have deep small business lending experience so this move was not that surprising.
Dan Gilbert’s Wealth Soars to $34 Billion After Rocket IPO from Bloomberg – Rocket Cos, the parent company of Quicken Loans, Rocket Mortgage and Rocket Loans, went public this week and the shares rose more than 19% on their first day of trading making founder Dan Gilbert’s net worth soar to $34 billion.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.