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FinTech

Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.

P2P Payments Popular with Millennials 6

We've all been there — you go out to eat with a group of friends only to realize that everyone wants to pay with a credit card. You could make the poor waiter split the check (something that they never seem very happy to do) or designate one person to cover...

How Lending Club Works (Infographic) 3

Marketplace lender Lending Club has been growing astronomically over the past several months, even hitting $16 billion in loans earlier his year. Still their platform is not quite what you'd consider mainstream at this point. In an effort to educate the public about their efficient and transparent lending model the...

Could FinTech Lending Move Beyond FICO? 3

FinTech lenders pride themselves on being better than big banks in a number of ways. These companies are not only looking to improve efficiency and transparency in the banking industry but are also working to make credit more obtainable for individuals and businesses. That's why it may surprise some to...

Lending Club Loans Climb to Over $16 Billion 8

This week marketplace lender Lending Club announced that they have now facilitated over $16 billion in peer to peer loans since starting in 2007. Even more impressive is that fact that it was only three months ago that they surpassed $13 billion. To celebrate the company debuted a new infographic...

What Could 2016 Hold for P2P Lending? 2

2015 was a good year for peer to peer (P2P) lenders and the FinTech sector as a whole. Following major IPOs from Lending Club and OnDeck at the very end of 2014, last year saw several players both raising and lending money at impressive levels. So can the momentum continue this...

JPMorgan Chase Embraces FinTech (For the Most Part) 14

Whether they fear them or not many banks are now openly acknowledging the blossoming FinTech sector. In 2015 JPMorgan Chase CEO Jamie Dimon told shareholders, "Silicon Valley is coming. There are hundreds of startups with a lot of brains and money working on various alternatives to traditional banking." Now it...

Peer to Peer Lending as a Long-Term Investment 14

When most people think of investing they likely think of the stock market. Instantly they have images in their minds of Wall Street traders yelling "buy" and "sell" while day traders either get rich or lose it all. While stocks and bonds remain an important and large part of investing,...

Kiva Adjusts Lending Model in the U.S. 4

Peer to peer microlender Kiva is changing the way people crowdfund on their site specifically for the U.S. market. The non-profit is best known as a platform where those in less fortunate countries can solicit loans in order to start a business or finance other expenses but expanded to include entrepreneurs domestically starting in 2009....