Here are what I consider to be the top 10 most important fintech news stories of the past week (we have a new graphic this week courtesy of my 11 year old daughter). Google checking accounts: Why banks want in from American Banker – Google is now partnering with eight financial institutions to offer digital […]
Today’s News
- LendIt Fintech News Moving to a New FormatFor nearly four years the LendIt Fintech content team has browsed hundreds of articles each day to bring the fintech community the most important stories of the day. While this worked well, for some time we have recognized a major shortcoming. What we consider important may be different from what you consider important but everyone […]
- LendingClub Releases Q2 2020 EarningsLendingClub reported their Q2 earnings after the closing bell yesterday and as expected it was a significantly down quarter; the company had warned on their Q1 earnings call that originations would be down 90% and sure enough it came in close to that figure at $326 million (down from $3.1 billion in Q2 2019); revenue […]
- Kabbage Reportedly Shopping for BuyersBarron’s reports that online small business lender Kabbage is shopping for buyers and could fetch more than $1bn; the potential buyers that have emerged thus far have consisted of financial institutions and tech bidders, though no private equity investors have expressed interest yet, according to the sources; Kabbage has performed well during the crisis and […]
LATEST PODCASTS
Podcast 259: Rochelle Gorey of SpringFour
There never been an environment like this for consumers. Even with some government assistance many people are struggling like never before, struggling to pay their rent, put food on the table and to pay back their loans. There are resources all over the country to help people in need but sadly not enough people know […]
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The last financial crisis ushered in the Dodd-Frank Act and with that the Consumer Financial Protection Bureau (CFPB). The CFPB had a mandate to protect consumers from financial harm but it has not been without controversy. Our next guest on the Lend Academy Podcast is none other than Rich Cordray, the first Director of the […]
Podcast 257: Jacob Haar of Community Investment Management
There are many areas of finance that are really stepping up during the crisis. We have talked at length about the fintech lenders that helped drive billions of dollars to small businesses through the PPP. In this episode we talk about impact investors and the outsized role they can play today. Our next guest on […]