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Why point-of-sale lending is hot right now

Many younger consumers have a love-hate relationship with credit.They are comfortable borrowing for specific purposes, such as paying for...

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SoFi Abandons Global Plans, Rethinks Asset Management

SoFi is ditching some of its most ambitious initiatives “pulling back” on plans to expand into Canada and Australia and asset management...

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Navient to Buy Fintech Firm Earnest for $155 Million

Navient will pay $155M in cash and plans to maintain the Earnest brand as a separate unit. This is not a great outcome for investors as...

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Managing Customer Acquisition Costs in Online Lending

This article provides some insight on how portfolio company MoneyLion has brought down its Customer Acquisition Cost (CAC) to almost 25%...

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On Deck Goes From Hot Tech Startup to Dull Lender

After Marathon Partners, which holds a 1.7% stake in OnDeck, slammed them for “a very risky strategy that has created a mindset of growth...

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