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| Enova Looking to Divest ODX, OnDeck Canada & Australia Read more |
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MCA Approval Rate Was 84% in 2020, Fed Says Eighty-four percent of applicants that applied for an MCA in 2020 were approved, according to the latest study published by the Federal Reserve. However, that figure includes the pre-covid era Read more |
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StreetShares Discontinues Veteran Business Bonds |
| StreetShares, the former online lender that pivoted to Lending-as-a-Service in October, is no long offering its veteran business bond program as a result. A note on its website says: Read more |
Earnings Week: PayPal |
| PayPal held their earnings results for Q4, describing its strongest year in history by chief executive Dan Schulman. In Q4 alone, PayPal added 16 million net new million active customers and 1.4M Read more |
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Super Bowl Sunday: Battle of the Mortgage Brokers |
| This Sunday in Tampa Bay, the Chiefs, and the Buccaneers will duke it out, while a second mortgage-based rivalry plays out in the ads between plays. A year ago, millions watched as Rocket Mortgag... Read more |
Scammer of Salamanca Set For Prison Release |
| Sergiy Bezrukov, the mastermind behind a scheme that wreaked havoc on merchants and MCA funders in 2015, is on pace to be released from prison on July 6, 2021, federal records say. ... Read more |
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The Pain in America's Food Supply Chain |
| It was last November, Mark Mavilia says, when he and three friends in Washington, D.C. rendezvoused for dinner at Ghibellina’s, an Italian gastropub in Logan Circle "specializing in Neapolitan-inspire... Read more |
Doorvest Raises $2.5M in VC Funding |
| San-Francisco based online real estate investment firm Doorvest announced today it received $2.5 million in VC funding with Mucker Capital leading the round.Doorvest used the opportunity to announ... Read more |
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LendingClub Completed its Acquisition of Radius Bank |
| The deal took less than 12 months to complete Read more |
Enova Released Q4 Earnings |
| Q4 originations tripled over Q3 Read more |
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Jeff Bezos Steps Down As CEO of Amazon |
| Bezos is stepping back into an executive chair role Read more |
NuBank Raised a $400M Series G Round |
| Via TechCrunch Read more |
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