Square's Q1 Gross Profit Growth Driven by Square Loans Block experienced significant growth in its lending business in Q1 2026, with Square Loans driving a 9% year-over-year gross profit increase, rapid acceleration in consumer lending volumes, and successive lending products scaling originations faster than previous ones. Read more
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LendingTree: SMB Lending Cools Slightly | LendingTree CEO Scott Peyree explained that small business loan demand and sizes have decreased with higher interest rates due to geopolitical uncertainties, but he expects the market to rebound once consumer confidence returns, while their small business revenue grew 49% year-over-year with expanded support for clients. Read more
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Broker Fair is 2 Weeks Away - NYC | Make sure you have your tickets for the June 1st event! Read more
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Credibly: $260M Securitization | The financing includes the successful completion of a new securitization transaction and the refinancing of its existing warehouse and mezzanine facilities with Truist Bank and Medalist Partners, a $2.5 billion asset-based private credit manager. Read more
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NerdWallet CEO: 'Distribution is King' | During NerdWallet's Q1 earnings call, CEO Tim Chen emphasized the company's strategic shift toward strengthening its distribution network to maintain competitive advantage amid declining costs of launching financial products and increasing distribution costs, while CFO John Lee reported a 15% year-over-year decline in SMB revenue driven by drops in organic search traffic. Read more
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