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Data reveal which banks have the largest exposure to default and fraud under the scheme
‘Landmark’ move is ecommerce group’s most significant step into financial services
Many fast-growing companies on the FT ranking were already well-placed for the changes that Covid-19 accelerated
The online lender, founded by former Lending Club chief Renaud Laplanche, doubled revenues last year
In some states, women do not have any control over household budgets but that is starting to change
Officials in credit-hungry economies have struggled to control the fast-growing sector
Online lender worth nearly $40bn to float in New York even as Trump threatens delistings
SoftBank-backed small business loan platform made strategic U-turn as pandemic hit
Impairment rates on marketplace loans have risen only moderately during the pandemic
Upstart lenders plug gaps as SMEs struggle to access government support and bank finance
Kabbage calls on Washington to step in as it cuts credit lines and furloughs staff
Federal loans will be forgiven if recipients use them to cover payroll and other costs
Initiative will do little to help David Solomon hit ambitious financial targets
Branching into loans seems risky but will help fintech to keep its customers on side
Industry faces threat of economic slowdown just as underwriting skills show improvement
California-based lender that offers small loans to the ‘unbanked’ eyes expansion
The bank of the future becomes the bank of the past.
Chinese group taps investors after it was hit hard by regulatory curbs on sector
New guarantee will cover authorised and unauthorised losses by customers
Private equity owner Cabot Square in talks about potential buyers
The implications of improved underwriting technology.
Barclays and Santander lead £26m investment into UK-based lender MarketInvoice
Groups are changing focus with moves into mainstream banking
Platforms once out to change ‘the entire system’ move away from ‘tech’ — and risk
Started by minibus salesman Dave Fishwick, ‘Bank on Dave’ hopes to raise £5m via crowdfunding
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