The $5.3 billion acquisition of Plaid has created excitement in the fintech community and some believe this is only the...
PayU is a largest payments processor in India and it is continuing its moves into lending in that country with...
This morning I just read this article on Reuters PE Hub. It claimed that Lending Club is also seeking a...
Online near prime lender LendingPoint to boost expansion into point-of-sale with acquisition of LoanHero. Source
Nubank has acquired US software consulting firm Cognitect in its first acquisition outside of Brazil; the world’s largest digital bank,...
Goldman Sachs has been busy acquiring companies to boost its consumer facing business; they now have expertise across consumer lending, small business lending and real estate; Lend Academy shares their latest acquisitions, including the acquisition of Final, a credit card startup; it seems as though credit cards was the missing piece and it's possible Goldman Sachs will enter the credit card business. Source
Happy New Year everyone. Here is my annual predictions post where I review my previous years predictions and make some...
That was quick. After receiving preliminary approval from the OCC on December 30, LendingClub announced today that they have now...
Yesterday it was announced that Visa is planning to buy Plaid for $5.3 billion, double the valuation of Plaid’s 2018...
Goldman Sachs continues to show interest in consumer finance; CEO of Final, Aaron Frank announced that the startup would be closing in December 2017 but did not provide further details; a dozen engineers and product managers will be joining Goldman Sachs; Final was founded in 2014 and offered consumers a credit card; users were able to generate virtual cards unique to a merchant. Source