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FinTech is Empowering the Subprime Borrower

When it comes to consumer loans, a significant portion of the population finds itself cast adrift by traditional banks and lenders. Underserved by institutions that prefer to deal in tidy risk ... read more

The Next Fintech Unicorns Will Be Built On Invisible Infrastructure

Serge Beck, the founder and CEO of Omniwire, is driven by his belief that people deserve robust and secure financial services. For the past decade, most fintech success stories have appeared similar ... read more

SoFi seals up to $5 billion loan agreement as fintech lending gains ground

March 13 (Reuters) - SoFi (SOFI.O), opens new tab said on Thursday it has finalized an agreement of up to $5 billion with funds managed by asset manager Blue Owl Capital to provide personal loans on ... read more

Fintech Innovations That Are Used To Score Your Credit

Many people still fall outside the reach of traditional credit scoring. In the United States, the Consumer Financial Protection Bureau counts about 26 million adults who are “credit-invisible” and ... read more

Wells Fargo scandal drove borrowers to fintech lenders, study suggests

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lenders for mortgages, a University of California, Davis study suggests. read more

Wells Fargo Scandal Drove Borrowers to Fintech Lenders, UC Davis Study Suggests

The map shows household exposure to the Wells Fargo financial scandal using the Wells Fargo deposit share in 2015. For each county, the Wells Fargo deposits share is calculated as the total amount of ... read more

Wells Fargo Scandal Drove Borrowers to Fintech Lenders, UC Davis Study Suggests

The Wells Fargo financial scandal in 2016 diminished consumer trust in traditional banks while driving homebuyers to fintech lendersfor mortgages, a University of California, Davis, study suggests. read more