‘Flying Blind Into a Credit Storm’: Widespread Deferrals Mean Banks Can’t Tell Who’s Creditworthy
Bankers are tightening lending standards and looking for new data, like that provided by portfolio company Plaid, to help them figure out...
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Specialty lenders face funding challenge as Covid-19 boosts defaults
Some specialty finance companies that lend to midsize businesses are confronting the threat of a funding squeeze just as the coronavirus...
Fintech Darling Afterpay: Buy Now, Regret at Leisure?
Its shares have been on a tear recently, up 560% from their March lows, but more competition, apart from existing rivals such as Klarna...
Pipe raises $60m in seed extension round to power SaaS financing platform
Los Angeles based financing platform for subscription software companies raised $60m in equity and asset-based Seed extension funding led...
RenoFi raises $6.4m in Series A funding
Philadelphia based home renovation loan provider raised $6.4m in Series A funding led by Canaan Partners.
{
“Most lenders have this major gap in their product suite, and are not offering renovation loans. RenoFi provides the platform that makes...…
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