During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here. The founder of LendingClub, ousted two years ago, pledges not to make the same mistakes with his […]
Today’s News
- China Based X Financial Has Successful IPO on NYSEThe Chinese fintech IPOs keep coming. The latest is X Financial, a peer to peer lender and fintech platform, who became the 9th Chinese fintech company to IPO on the NYSE this year. The IPO raised $104.5 million as 11 million shares were floated at $9.50. They closed the day at $11.97, a 26% increase […]
- SEC Commissioner Argues for Relaxed Cryptocurrency RegulationsIn a recent speech SEC Commissioner Hester M. Peirce discussed the importance of allowing cryptocurrencies to thrive without heavy SEC interference to foster innovation that will benefit investors and consumers. While Ms. Pierce has often been on the dissenting side of SEC rulings that would benefit the crypto industry, she said that sees the benefit of a […]
- Revolut: The Amazon of BankingNikolay Storonsky, founder of Revolut has taken a different approach than many other challenger banks; instead of focusing on a few core products, they have focused on offering many high quality products; stock trading and savings accounts are currently in the works according to Storonsky; Forbes shares the story of Revolut’s platform approach and their […]
LATEST PODCASTS
Podcast 168: Matt Humphrey of LendingHome
When it comes to the fix ‘n’ flip real estate lending space it is still very much a cottage industry with many small players in local areas providing loans to their network. There have been few national players, including banks, that have really focused deeply on this segment. Our next guest on the Lend Academy […]
Podcast 167: Charles Anderson of Currency
One of the largest verticals in all of lending is equipment finance. There is $1.1 trillion worth of equipment financed each year and yet only a tiny fraction of this number is financed in an all digital process. Our next guest on the Lend Academy Podcast has made it his mission to change that. Charles […]
Podcast 166: Ken Lin of Credit Karma
When it comes to applying for a loan, whether it be a mortgage, personal loan or auto loan there is pretty much an expectation that it will be a stressful experience. Our guest this week on the Lend Academy Podcast is trying hard to change that paradigm. Ken Lin is the co-founder and CEO of […]