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

After a Really Bad Month, FinTech Begins to Get Back on Track

There's really no sugar-coating the fact that the past few weeks have been pretty bleak in the world of FinTech. At the beginning of May, Prosper announced that it would be laying off 28% of its workforce and would even be subleasing some of its office space. That announcement hurt...

Poll: Average Americans Aren't Aware of Crowdfunding 7

Innovation is something that many of us take for granted these days. At the same time technology is also something that certain sectors fear as companies with better models that take advantage of innovation to disrupt existing businesses. This is definitely the case when it comes to FinTech. The rising sharing economy...

Using FinTech to Manage Your Credit Card Rewards 2

If you've ever considered getting a rewards credit card you know it can be a daunting task. Sure the information is all out there but it can be difficult to know exactly which card will make the most sense for you personally. Furthermore managing multiple rewards cards and using each...

Lending Club Makes Big News for the Wrong Reason 5

Today marketplace lender Lending Club released their Q1 2016 earnings. Unfortunately they also announced that company had tendered the resignation of founder and CEO Renaud Laplanche. His exit stems from an internal review of the sale of $22 million in loans to a single investor that, according to the company, violated...

Could FinTech Actually Be Helping Bank Loyalty? 2

Typically when the relationship between FinTech and banking is written about the former is said to be disrupting the latter. This would imply that FinTech companies were hurting the big banks when in actuality it's far more complex than that. The latest wrinkle in this debate is a recent post...

Lending Club Said to be Eyeing Bond Deals for Loans

Could FinTech lending leader Lending Club be looking to make bond deals for some of their loans? According to a recent story in the Wall Street Journal it's looking like the answer is "yes." WSJ is reporting that Lending Club is working with Goldman Sachs Group Inc. and Jefferies Group to...

When is Peak Season for Financial Apps? Not Yet 1

With the many lessons one can learn about monetary habits from preparing your tax returns you might expect that the early months of the year leading up to April would be when mobile FinTech apps would see the most downloads and purchases. However it seems like that assumption would be wrong....

FinTech Lenders Form Marketplace Lending Association 3

FinTech lending leaders Lending Club, Prosper, and Funding Circle are coming together to form the Marketplace Lending Association (MLA) in an effort to help legitimize the sector. According to a press release the newly formed non-profit organization will work to promote responsible business practices and sound public policies that will benefit...