FinTech
Stay up to date on the latest trends in FinTech – where technology meets finance to create new market opportunities.
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What Banks Think About FinTech (and Vice Versa) 11
You've probably heard it said that in the case of many large predators you might encounter in the wild, it's important to remember that they're more afraid of you than you are of them. When it comes to the traditional banks' perception of FinTech startups, that seems to be proving true....Square Launches Successful IPO 1
On November 19, the FinTech payments company Square went public, hitting the New York Stock Exchange under the ticker symbol 'SQ.' Although the stock's opening price of $9 was below the company's initially announced target, it closed the day at $13.07 — up 45%. According to The New York Times' Dealbook...Lending Club's Approval Process: A Peek Behind the Curtain 4
Perhaps the biggest question people have about online lenders is how they determine who will be a good borrower. Since FinTech companies like Lending Club never actually meet their borrowers face to face, they must rely on their application process, algorithms, and other factors to decide if a borrower should...Lending Club Celebrates $13 Billion in Loans 1
There's no doubt that the growth Lending Club has seen since launching in 2007 has been impressive. Eight years after launch the FinTech leader has introduced new products, formed great partnerships, and now they celebrate facilitating over $13 billion (with a 'b') in loans. As they've come to do when...Square's IPO — What it Means for FinTech 8
Following IPOs from Lending Club and OnDeck last year, another FinTech company is set to go public in the coming weeks. Square, a payments company famous for their mobile card readers amongst other things, filed for their initial public offering earlier this month. While no date has been announced for...Lending Club CEO Named to Bloomberg Most Influential List 1
Bloomberg has just released their list of the 50 Most Influential figures for the fifth year in a row and Lending Club CEO Renaud Laplanche was named #28. Other big names on the list include Janet Yellen (#1), Elon Musk (#25), Jeff Bezos (#15), and even President Barack Obama (#6). The...Peer to Peer Lending Review: What is It and How Do You Make It Work for You 4
Lately there’s been a lot of talk about crowdfunding and sites like Kickstarter that have been used to fund independent films, tech gadgets, and even the return of Reading Rainbow. These sites collect donations towards a monetary goal in exchange for various incentives chosen by the project’s host. Similarly peer...