Interest Rates

Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
Marketplace Revenues Sink 28% as LendingClub Eyes Lower Loan Originations
January 25, 2023  |  Earnings

LendingClub’s results showed that higher interest rates are cutting into investors’ demand to buy loans. Get the Full Story Complete the form to unlock this...

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UK SMB Loan and Mortgage Defaults on the Rise
UK SMB Loan and Mortgage Defaults on the Rise
January 20, 2023  |  Economy

The Bank of England (BoE) has reported an increase in small businesses defaulting on loans. Get the Full Story Complete the form to unlock this...

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LendingClub Cutting 225 Jobs as ‘Historic’ Rate Hikes Throttle Demand
LendingClub Cutting 225 Jobs as ‘Historic’ Rate Hikes Throttle Demand
January 12, 2023  |  Personnel

LendingClub is cutting 225 jobs as demand for loans falls due to rising interest rates. Get the Full Story Complete the form to unlock this...

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Interest Rate Hikes Drive Small Businesses to Find Better Cash Flow Alternatives
Interest Rate Hikes Drive Small Businesses to Find Better Cash Flow Alternatives
January 10, 2023  |  SMBs

SMBs are already dealing with inflation but now must bear the brunt of higher interest rate hikes too. Get the Full Story Complete the form to unlock...

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Credit Card Interest Rates Expected to Reach Average of 20.5%
Credit Card Interest Rates Expected to Reach Average of 20.5%
January 05, 2023  |  Credit Cards

Credit card interest rates are expected to average 20.5% by the end of the year. Get the Full Story Complete the form to unlock this...

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SMBs Suffer as Cost of UK Business Loans Increases
SMBs Suffer as Cost of UK Business Loans Increases
December 20, 2022  |  SMBs

U.K. SMBs are feeling the pinch as business loan costs have increased to 4.7%. Get the Full Story Complete the form to unlock this article...

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Funding for IPOs Falls 68% Since 2021
Funding for IPOs Falls 68% Since 2021
December 18, 2022  |  IPO

The world’s bankers don’t expect a happy new year when it comes to IPOs. Get the Full Story Complete the form to unlock this article...

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Retail Sales Data Helps Send FinTech IPO Index 3.5% Lower
Retail Sales Data Helps Send FinTech IPO Index 3.5% Lower
December 15, 2022  |  IPO

Stocks, including those of the FinTech IPO Index, slumped as retail sales data disappointed. Get the Full Story Complete the form to unlock this article...

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Rising Interest Rates Threaten Non-Bank Lender Business Models
Rising Interest Rates Threaten Non-Bank Lender Business Models
December 11, 2022  |  Consumer Finance

Finance companies have seen borrowing costs skyrocket this year as interest rates rise. Get the Full Story Complete the form to unlock this article and...

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