Category : Lending

Agora Data Introduces First-Ever Reducing Rate Line of Credit
Lending News

Agora Data Files Patent Application for Industry-Leading Innovations

Fintech News Desk
by Fintech News Desk0
Agora Data, inventor of many subprime auto industry firsts, has filed a U.S. patent application with the United States Patent and Trademark Office (USPTO) for a proprietary data-driven business model that may be leveraged to predict the future performance of subprime consumer loans. Applying certainty to loan payment outcomes of......
Trinity Capital Inc. Announces Senior Leadership Appointments
Lending News

Trinity Capital Inc. Announces Senior Leadership Appointments

Fintech News Desk
by Fintech News Desk0
Trinity Capital Inc., a leading specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, announced the promotions of two senior executives that will expand and deepen the Company’s management team as it continues to......
Nelnet Board of Directors Appoints Three New Members; Longest-Serving Director Retires
Lending News Risk Management

AML Provider Abrigo Partners with RiskScout for High-Risk Due Diligence and Onboarding

Fintech News Desk
by Fintech News Desk0
Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced a new partnership with RiskScout, a leading onboarding and enhanced due diligence platform for emerging market businesses. Abrigo’s financial crime detection platform, BAM+, is used by financial institutions to detect and prevent money laundering and fraud,......
Planet Home Lending Introduces Jacksonville Team
Lending Mortgage News

Planet Home Lending Introduces Jacksonville Team

Fintech News Desk
by Fintech News Desk0
Planet Home Lending, LLC has hired Branch Manager, Vince Caicedo (NMLS#390038), to lead a new Jacksonville team that includes Emily Valdes (NMLS#1887351) as assistant branch manager, Mortgage Loan Originators David Mumbauer (NMLS#1684225) and Caleb Davis (NMLS#2149478,) and Loan Origination Assistant, Vanessa Oliveras. “Planet Home Lending is a full-service mortgage company and true partner for Florida borrowers looking to buy a home or......
New Huobi Research Institute Report Cites KYC, Risk Management and Risk Pricing as Key Challenges
Lending News Risk Management

New Huobi Research Institute Report Cites KYC, Risk Management and Risk Pricing as Key Challenges

Fintech News Desk
by Fintech News Desk0
Crypto lending has emerged as a key trend in the decentralized finance (DeFi) market, but faces headwinds relating to Know Your Customer (KYC) considerations, risk management and risk pricing. However, these challenges can be addressed by limiting loans to on-chain legal persons, stepping up risk management, and using a market-based......
PowerPay Launches Healthcare Financing For Medical Professionals
Fintech Lending News

PowerPay Launches Healthcare Financing For Medical Professionals

Fintech News Desk
by Fintech News Desk0
PowerPay, a financial technology company that provides consumer lending for home improvements, announced the launch of the company’s newest vertical—healthcare financing. The new program will provide patient financing for cosmetic surgery, dentistry, fertility treatments, medical spa services, vision correction, and related elective procedures. PowerPay has seen tremendous growth in the......
LendKey Selects Unqork as its No-Code Platform Provider
Lending News

LendKey Selects Unqork as its No-Code Platform Provider

Fintech News Desk
by Fintech News Desk0
Partnership to Accelerate LendKey’s Lending Solutions Technology and Provide Increased Value for Affiliate Partners and Customers LendKey, a leader in managing digital lending networks for credit unions and banks, today announced a partnership with Unqork, the leading no-code enterprise application platform. The new partnership positions LendKey to accelerate its direct......
TrustToken Bolsters Executive Suite with Addition of Wall Street and Product Veterans
DeFi Lending News

TrustToken Bolsters Executive Suite with Addition of Wall Street and Product Veterans

Fintech News Desk
by Fintech News Desk0
New hires bring decades’ worth of tech, finance, and marketplace technology experience to TrustToken’s leadership as the company scales up its DeFi lending protocol, TrueFi TrustToken, the core team responsible for building the leading unsecured lending protocol TrueFi, as well as popular stablecoins including TrueUSD, expands its C-suite with two new......
MeridianLink Announces Agreement to Acquire StreetShares
Lending News

MeridianLink Announces Agreement to Acquire StreetShares

Fintech News Desk
by Fintech News Desk0
Acquisition will expand small business lending capabilities MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, announced that it has entered into an agreement to acquire StreetShares, a mission-driven financial technology company that provides digital small business lending technology to banks and credit......
First Community Bank and Trust Selects Lendsmart to Digitize and Automate its Lending and Home Buying Operations
Lending News

First Community Bank and Trust Selects Lendsmart to Digitize and Automate its Lending and Home Buying Operations

Fintech News Desk
by Fintech News Desk0
First Community Bank and Trust, a privately owned bank, serving individuals, families and businesses in Beecher and Peotone, IL, as well as across the state, has selected Lendsmart, an AI-driven digital lending platform, to enhance its digital lending operations. “That’s why we’re dedicated to offering not only the latest in......
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