Lending

Six Risks the Financial Services Industry Will Face in 2016 and Beyond

June 1, 2016    By : Kate

The modern financial services industry drastically differs from the one we had ten or even five years ago. As the pace of technological advancements accelerates, no industry can remain untouched. Banking is an industry especially touched and transformed by technology

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The Lending Club Saga From a Different Point of View: For the Larger Good

May 16, 2016    By : Amit

In this article, I will talk about two main points. The first is whether the Lending Club issue is an isolated event or if it reflects upon the lending industry largely. Can it really be generalized? And the second point

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Indian FinTech Startup Capital Float Raises $25M at $100M Valuation

May 12, 2016    By : LTP Team

Even as US lending companies face a lot of heat (and stocks fall like a pack of cards), India’s largest online lending platform and small business lender Capital Float has raised $25 million in Series B financing. This round was

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Is Lending Club an Isolated Case or a Sign of a Much Bigger Problem?

May 11, 2016    By : Sofia

The Lending Club case The last week has signified an interesting turn in the relatively young history of the alternative lending industry. In particular, online lending took a hit and perpetuated a wave of skepticism around it. The event to

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Financial Operating Network Fluent Closes $1.65M Seed Round

May 10, 2016    By : LTP Team

Names Commerce Bancshares as Pilot Participant New York, NY, May 10th, 2016 – Fluent, the financial operating network for global commerce built on blockchain technology, today announced that it has raised $1.65M in a series seed funding round led by

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The Blind Growth of Alternative Lending Is About to Backfire

May 5, 2016    By : Sofia

Clear skies for alternative lending companies seem to be getting clouded after the news on Lending Club and OnDeck—some of the largest alternative lenders—witnessing a massive crash of their share prices over a little more than a year. In the

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Forget Wallets, Check out This Serious FinTech Product Built in India: ZestMoney for Instant Credit

May 5, 2016    By : Amit

Vijay is a middle-class guy who just got his first job after college and wants to buy an iPhone 6 for Rs. 45,000. He obviously doesn’t have enough money to buy it in one shot and he doesn’t have a

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FinTech Investments Have Grown Ten Times Over in the Last Five Years

May 4, 2016    By : Kate

From $1.8 billion in 2010 to $19 billion in 2015, the volume of FinTech investments proved that FinTech is a major force in the innovation of the financial services industry. Hot spots for FinTech One of the regions that are

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Payday Lending: How Does Legal Sharking Look Like in 2016?

May 2, 2016    By : Sofia

The financial world has its own sharks that operate perfectly within the confines of law. However, they wouldn’t be sharks if there weren’t negatively affected parties—in particular, customers. Payday lenders are one of those parts of the financial services industry

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Should Alternative Lenders Expect a Regulatory Tide?

April 29, 2016    By : Sofia

The success of alternative lenders Alternative lending has been bothering bankers and regulators for a while now as the most successful representatives of the segment hold a rather significant share of loans. In fact, five largest alternative lenders have more

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