Personal finance company SoFi is expanding its loan platform with a new $2 billion investment. The new “loan platform business agreement,” announced Monday (Oct. 14), is based on funds...
FinTech lender Upstart Holdings has sold up to $2 billion of consumer installment loans to private credit lender Blue Owl Capital. The deal includes $290 million of personal...
Toronto-based lender Fig Financial says its personal loan service is now open to all Canadians. “We are providing a true alternative to banks for every...
Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...
Consumers’ total outstanding credit increased by $14.1 billion in February. Revolving credit accounted for $11.3 billion of the increase, while non-revolving credit made up the...
Klarna has launched a new web page that shares data on its buy now, pay later (BNPL) offerings, including their repayment rates, late fee rates and...
The Consumer Financial Protection Bureau detailed in its 2023 Consumer Response Annual Report that consumers have been the targets of fraudulent account openings, and installment...
Florida-based Liberty Savings Bank has partnered with artificial intelligence (AI) lending marketplace Upstart to provide personal loans. The bank, which serves Florida’s Sarasota-Manatee County and has...
SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...