7/10/2020 2:10:06 PM Fintech disruptor SoFi wants to become a national bank — again By FinTech Collective Fintech company SoFi has filed an application for a national bank charter with the Office of the Comptroller of the Currency (OCC). The...
5/30/2019 12:00:00 AM SoFi raises $500M By Carlos Alonso Torras San Francisco based lending and personal finance platform has raised $500M in equity funding. The round is led by the Qatar Investment...
2/16/2018 12:00:00 AM Amazon partners with Bank of America for its lending program By Gareth Jones In his shareholder letter 2yrs ago, Amazon CEO Jeff Bezos said he was looking to team up with banks that could help his company expand...
3/3/2017 8:48:06 PM Online Lenders Turn a Corner By Gareth Jones In advance of the Lendit conference in NYC next week, two deals put Prosper and SoFi on firmer footing after a rough patch for broader...
2/17/2017 4:03:42 AM OnDeck’s mounting losses prompt cuts, questions about credit model By Gareth Jones OnDeck Capital shares fell as much as 24% on Thursday after the online lender clocked-up record levels of loans under management and...
3/27/2015 6:32:06 PM LendInvest to go public in 2015 By FinTech Collective On the heels of the Lending Club and OnDeck IPOs, UK-based mortgage marketplace platform LendInvest is slated to debut on the London...
2/9/2015 10:54:18 PM LendingClub to power small banks in new consumer-loan program By FinTech Collective Over the last 20 years, small banks' share of consumer loans has dropped from 70% to just under 10%. In a push to reverse this trend,...
1/28/2015 11:33:00 PM Prosper Buys Healthcare Lender for $21M By FinTech Collective Prosper acquires American Healthcare Lending LLC- an originator that offers loans for elective medical procedures, mental health...
1/28/2015 11:07:55 PM Orchard brings Wall Street to online marketplace lending By FinTech Collective Orchard, a NY-based startup, is enabling institutional investors to scale their investments in online marketplace lending platforms such...