Throughout the week I share the current marketplace financing and fintech news on Twitter as it happens. Every Saturday I take the most interesting news items and blog posts from the previous week and share them here.
Introduce of TransUnion’s Start-up Credit Package; 48-year Low Unemployment Rate from PeerIQ– Today’s PeerIQ newsletter brings us the current market news, provides insight on LendingClub 36-month loans and gives us a sneak peek of their Q3 securitization tracker coming out this week.
Deloitte & Innovate Financing Publish Report on UK FCA Fintech Sandbox from Crowdfund Insider– The fintech sandbox created by the FCA in the UK is held up as the gold standard worldwide. There is constantly space for enhancement.
Mike Cagney’s Figure Launches Blockchain-Powered Online Home Equity Loans from PYMNTS– Figure, the new company of Mike Cagney, have actually formally released their new home equity loan product. They claim to be the fastest house equity loan in the world with approvals in 5 minutes and funding in 5 days.
The way to Amazon -and Apple-style commitment? Transform the branch from American Lender– I do not concur with much of this post but clearly the bank branch requires a total overhaul if it is to stay even reasonably appropriate in the future.
Fintech Startup PayActiv Secure $20 Million Through Series B Financing Round Led By Generation Partners from Crowdfund Expert– Financial wellness fintech business PayActiv has raised $20 million in a Series B led by Generation Partners.
Gary Cohn Has Actually Signed Up With a Blockchain Startup as an Adviser from Bloomberg– Drawn Out of Avant, blockchain start-up Spring Labs already had an all star advisory board. Now, they have actually added previous White Home consultant and Goldman Sachs President Gary Cohn.From the Lend Academy Forum The Lend Academy forum is where investors go to go over p2p lending. Below are some subjects that were being discussed this week. Is LC no longer interested in retail financiers?– Some online forum members question whether LendingClub is still concentrated on the retail financier. How could a note with pending payment be noted on FolioFn?– Financial investment orders in notes on the secondary market that have pending payments will become cancelled.
Why not purchase notes with a premium?– A LendingClub investor inquires about a secondary market financial investment strategy.
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