Mike Cagney’s new firm says it’s giving banks ‘a compelling reason’ to use blockchain
The SoFi co-founder said Figure Technologies is working with national banks to employ its distributed ledger tech for loan originations.
Will Hernandez
Two fintechs broaden banking ambitions
Wealthfront will add third-party mortgages to its investing platform, while Varo Money says robo advice and mortgages are in its long-term plans.
LendingClub’s new pitch to institutional investors
The company has rolled out an online platform for firms considering marketplace loans as an asset class.
Fintech lenders taking more market share from banks, survey finds
Digital-first lenders more than doubled their market share in the last four years, according to a report by Experian.
Freddie Mac launches mortgage data app for lenders
The mortgage industry has put more emphasis on organizing data in a digital manner and presenting it in an easily digestible format.
CRE meets AI in fintech’s tool for lenders
Blooma has developed a software product that combs databases to create property profiles for commercial real estate lenders. It can drastically cut origination costs and approval times and help banks identify safer loans, the company says.
HSBC USA launches digital lending platform, admits to playing catch-up
The LendingClubs and SoFis of the world have a big head start, but HSBC's U.S. unit says its partnership with the fintech Avant will help it close the gap in online personal loans.
Inside Varo Money’s three-year quest for a bank charter
Colin Walsh, Varo’s chief executive, says the disruptor has hired several former regulatory officials to help in what has admittedly been “a difficult process.”
‘If the product is good, it should sell itself’: A Q&A with Earnest’s CEO
Susan Ehrlich, the fintech lender's new chief, discusses what she learned working at Amazon and Simple and how her firm is approaching consumer loans differently.
CommonBond gets $750 million in lending funds from top banks
Barclays, BMO, Citibank, Goldman Sachs and ING contributed to the online student lender, which last year made over $1 billion in loans.
Former SoFi CEO’s startup unveils digital home equity loans
Mike Cagney’s current venture, Figure Technologies, is offering consumers the ability to apply online for home equity loans and get funding in as little as five days.