Lending Platforms news and trends

Upstart Unveils Custom Loan Tool for Banks and CUs
Loans // April 25, 2024

Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking a loan and make them an offer of credit, Upstart said in a Thursday (April...

Decipher Credit Launches SMB Lending Partnership With Validis
SMBs // April 22, 2024

Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable data in real-time, letting small- to medium-sized businesses (SMBs) go from “application to automated spreading” in seconds, the companies said...

BAFS Commercial Platform Aims to Connect Borrowers and Lenders
Loans // February 06, 2024

BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input loan request information, upload documents, and submit loan applications, and comes as the lending environment grows increasingly tight. “Borrowers are...

Lending Platforms Plunge as Tech Rout Sends FinTech IPO Index Down 4.9%
Fintech Investments // March 10, 2023

It wasn’t just crypto that had investors running for the exits. And it wasn’t just talk of more rate hikes from the Fed that had investors hitting the sell button. This week’s downdraft for the FinTech IPO Index was a confluence of above, yes, but...

Interviews & Exclusives
Lending Platforms Plunge as Tech Rout Sends FinTech IPO Index Down 4.9%

March 10, 2023
It wasn’t just crypto that had investors running for the exits. And it wasn’t just talk of more rate hikes from the Fed that had investors hitting the sell button. This week’s downdraft for the FinTech IPO Index was a confluence of above, yes, but the general malaise that hit the markets left no name […]

Quick Reads
Rapid Finance Debuts Updates to Fraud Detection Platform for SMB Loans

June 04, 2024
Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets the company’s enterprise customers create customized risk management rules and outcomes, letting them make informed lending decisions tailored to specific criteria for small- to medium-sized businesses (SMBs). “The cloud-based rules […]

Upstart Unveils Custom Loan Tool for Banks and CUs

April 25, 2024
Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking...

Decipher Credit Launches SMB Lending Partnership With Validis

April 22, 2024
Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable data in real-time, letting small-...

BAFS Commercial Platform Aims to Connect Borrowers and Lenders

February 06, 2024
BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input loan request information, upload documents,...