Source: opploans.com
Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. “This strategic transaction, which brings together two FinTech leaders, is a...
Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include...
Stringent ID verification is crucial for online lenders to prevent fraudsters from using stolen identities to rip them off. This means lenders must utilize hard-to-falsify...
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of...
Rupert Murdoch-controlled Fox Corp is buying personal finance broker Credible Labs in a deal valued at $397 million, Reuters reported on Monday (Aug. 5). The...
Following its disclosure that JPMorgan Chase would no longer originate new small business loans through OnDeck’s platform hosting Chase Business Quick Capital, shares in OnDeck...
Social Finance, the online lender that goes by SoFi, was dealt another blow after three top executives said they are gearing up to leave the...
The Better Business Bureau (BBB) is issuing a warning to small businesses (SMBs) about a possible lending scam shedding light on the risks of online...
The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers...