Fintech

C-level Credit Exec Leaves Lending Club for Affirm

September 21, 2017
Article by:

business team

Lending Club’s Chief Credit Officer and Interim General Manager, Sandeep Bhandari, has joined fintech lender Affirm, according to Affirm CEO Max Levchin. Levchin posted the following on LinkedIn: I am excited to announce and welcome Sandeep Bhandari to Affirm, Inc. as Chief Strategy and Risk Officer (CSRO). Sandeep joins us from Lending Club where he […]

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Where Alternative Finance Ranks on the Inc 5000 List

September 14, 2017
Article by:

rankings

Here’s where your peers rank on the Inc 5000 list for 2017: Ranking Company Name Growth Revenue Type 15 Forward Financing 12,893.16% $28.3M MCA 47 Avant 6,332.56% $437.9M Online Consumer Lender 219 OppLoans 1,970.22% $27.9M Online Consumer Lender 260 US Business Funding 1,657.42% $5.8M Business Lender 361 nCino 1,217.53% $2.4M Software 449 Kabbage 979.31% $171.8M […]

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The State of The Industry (In Memes)

September 2, 2017
Article by:

ISOs vs Direct Sales

The state of things in MCA, online lending, and fintech through the disloyal boyfriend meme: SEE MANY MORE DEBANKED MEMES The History of Alternative Finance (As Told Through Memes) Ready to Trade ONDK and LC? Scroll to the bottom of the page 10 Clues You’re Hardcore About Merchant Cash Advance

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As Summer Winds Down, Square, Bitcoin, Yirendai Big Winners of the Year So Far

August 30, 2017
Article by:

summer is over

Yirendai, an online lender in China listed on the NYSE, is up 92% this year, according to the deBanked Tracker. China is reported to be the largest marketplace lending market in the world. Yirendai went public in December 2015 at the peak of the online lending bubble and the stock price has tripled since then. […]

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Fintech Carries the Torch in Northern Delaware

June 14, 2017
Article by:

Rodney Square in Wilmington, DE

Glen Trudel, Partner, Ballard Spahr Delaware’s history in financial services is rich. The Financial Center Development Act of 1981, for instance, which rolled back the limits on how much lenders could charge as interest on consumer credit, attracted some of the biggest names in banking to the state over the past several decades. Now fintech […]

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