online lending

Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.

Source: opploans.com

Two Years Post-IPO, Rocky Journey For OnDeck
Two Years Post-IPO, Rocky Journey For OnDeck
December 16, 2016  |  Investments

Two years out, it’s been quite the journey for OnDeck. Back in December 2014, the online lender took to the public markets, raising $200 million,...

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MoneyMan Grants First Loan In Brazil
MoneyMan Grants First Loan In Brazil
December 15, 2016  |  Payment Methods

MoneyMan, the lending service of IDFinance, announced Wednesday (Dec. 14) it granted a first loan through the MoneyMan.com.br website in November. The loan went to...

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CommLoan Raises $2.25 Million In Seed Funding
CommLoan Raises $2.25 Million In Seed Funding
December 14, 2016  |  Investments

CommLoan, an early stage commercial mortgage lending technology company, announced Tuesday (Dec. 13) it received $2.25 million in venture capital seed funding from Social Leverage...

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CAN Capital Puts CEO On Leave
CAN Capital Puts CEO On Leave
December 01, 2016  |  Alternative Finances

CAN Capital, the small business online lender, has put its CEO on leave. According to a report by American Banker, CEO Daniel DeMeo has been put on...

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SoFi To Start Selling Life Insurance
SoFi To Start Selling Life Insurance
October 31, 2016  |  Alternative Finances

SoFi, the online lender, is moving ahead with plans to roll out a life insurance product, reportedly acquiring licenses and inking a deal with Protective...

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New York Banks Should Get Into Online Lending
New York Banks Should Get Into Online Lending
October 20, 2016  |  Banking

Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York...

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Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
October 14, 2016  |  Banking

The Goldman Sachs Group announced on Thursday (Oct. 13) Marcus by Goldman Sachs, an online platform offering unsecured personal loans to consumers. Named after Marcus Goldman,...

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Online Lenders to See More Regulation … And Soon
Online Lenders to See More Regulation … And Soon
September 19, 2016  |  Regulation

In a move that may add insult to injury, the online lending sector may have to gird for more regulation amid the stings of rather...

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Bizfi Provides $144M In Q2 SMB Lending
Bizfi Provides $144M In Q2 SMB Lending
August 17, 2016  |  Alternative Finances

FinTech firm Bizfi, which offers a platform that serves as a combination of aggregation, funding and a small business marketplace, said that it had seen...

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