Castlelake news and trends

FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale

May 19, 2023
SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding
Acquisitions // June 13, 2022

Credibly, a Michigan-based FinTech lending platform, on Monday (June 13) announced a pair of deals it said will drive growth in the home repair-financing space. The first of the pair of deals Credibly announced was its 2021 acquisition of ProApprove, which helps homeowners quickly finance...

Interviews & Exclusives
FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale

May 19, 2023
The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues and various customer metrics detailed in those quarterly reports, there were firms that had non-earnings headlines of their own.   Upstart Stages Significant Rally Upstart saw its shares soar 48% through […]

Quick Reads
SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding

June 13, 2022
Credibly, a Michigan-based FinTech lending platform, on Monday (June 13) announced a pair of deals it said will drive growth in the home repair-financing space. The first of the pair of deals Credibly announced was its 2021 acquisition of ProApprove, which helps homeowners quickly finance needed repairs. The platform lets contractors connect homeowners with sources […]