In April 2018, LendingClub provided us with $5,000 to open a brand new account. Since then we have been chronicling the status of the account on a quarterly basis. Below are links to the full series of blog posts in chronological order: How to Open Up a New LendingClub Account in 2018 Setting Up LendingClub’s Automated Investing […]
Today’s News
- Iwoca Receives €100mn from BNY Mellon for German ExpansionUK based small business lender Iwoca secured €100mn from Insight Investment, which is owned by BNY Mellon, to dramatically increase their lending capacity in Germany; the company expects to be able to fund thousands of additional businesses; the new capital brings the total amount raised by the fintech to more than €500mn in debt and […]
- Buy Now, Pay Later Set to Double in Size by 2023Worldpay’s new Global Payments Report says buy now, pay later is set to double in size by 2023; payments and the checkout experience have dramatically shifted in recent years as customers have looked for less friction and more convenience; there are concerns that as this market has grown consumers are just adding more debt; the […]
- QED Investors Closes New FundQED is one of the leading venture capital firms in fintech; they have many notable investments such as Nubank, SoFi, Credit Karma, Klarna, GreenSky, Avant, Flywire, Remitly, QuintoAndar, Creditas, ClearScore, and Konfio; they are now completing their sixth fund or Fund VI that includes commitments of $350 million; the press release notes that the fund […]
LATEST PODCASTS
Podcast 235: David Brear of 11:FS
I love listening to podcasts. I have about 20 different shows on my playlist and one that I listen to regularly is the 11:FS Fintech Insider podcast from the UK consulting firm 11:FS. But 11:FS is about way more than just podcasts. They have become, quite possibly, the leading consultancy firm in all of fintech […]
Podcast 234: Michele Romanow of Clearbanc
Many startup entrepreneurs look to Silicon Valley as their ideal source of capital. But in doing say they often dilute their ownership significantly. The crazy thing is that for many companies the bulk of their hard earned capital goes to spending on Google or Facebook ads. There is now a better way. Our next guest […]
Podcast 233: Sankaet Pathak of Synapse
I don’t think anyone would argue that back office banking infrastructure needs to change. Fintech companies and even banks these days want to work with companies that can provide a customizable, API-driven system that allows them to add new functionality quickly and easily. There are a number of emerging companies that are working on providing […]