Upstart's Q4 earnings showed a downward trend of losses, CEO, Girouard, remains positive despite cost cutting measures.
Prominent online payment service provider PayU is expanding into four new markets; Costa Rica, El Salvador, Guatemala, and Honduras.
The canary is now 10+ years old as prominent platforms like SoFi and Upstart launched in the early 2010s, and Freedom Financial (now Achieve) has been around for two decades.
With controversy around ESG investing coming to a head, solar loans could offer respite, doing good and doing well as an asset class.
Low multiples could lead to strategic fintech M&A as companies with abundant capital take the opportunity to scoop deals.
Founded in 2019, Capitual has more than 4.5 million customers and records average monthly transaction volume of nearly $1 billion.
While many got swept up in the early days of the DeFi asset hype machine, others who saw its true potential began quietly plotting the path the space would need to get there.
Along with the challenging economic climate, Robinhood had issues of its own that affected their 2022 earnings.
As more states enact their own disclosure laws for commercial finance providers, the regulatory burden will only increase on those companies.
Chile's new fintech law will provide an incentive for other regulators in the region to move forward with similar frameworks, analysts say.