Tag : digital personal finance

Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization
Finance Fintech Lending News

Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization

PR Newswire
Deal backed by Achieve Personal Loans brings total securitization volume of Achieve assets to over $5.9 billion Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans. The securitization, ACHV ABS Trust 2024-2PL, includes four classes of rated notes......
37% of Consumers Will Spend Months Paying off Holiday Season Debts, Achieve Survey Finds
Finance News

37% of Consumers Will Spend Months Paying off Holiday Season Debts, Achieve Survey Finds

PR Newswire
While most Americans prioritize using money on hand to pay for holiday expenses and being budget conscious, half will still take on debt this season Half of American consumers expect to take on debt to pay for the holidays, including 37% who believe it will take them two or more......
Achieve and Cross River Partner to Diversify and Expand Investor Access to Personal Loan Collateral
Finance News

Achieve and Cross River Partner to Diversify and Expand Investor Access to Personal Loan Collateral

PR Newswire
Partnership debuts with the sale of pass-through certificates backed by $34.5 million in Achieve Personal Loans Achieve, the leader in digital personal finance, and Cross River Bank completed the issuance of the first pass-through certificates backed by Achieve Personal Loans, for which CRB Securities, LLC acted as placement and settlement agent.......
Employers that Offer Comprehensive Financial Wellness Benefits Can Reduce Workers' Stress, Improve Productivity, According to New Freedom Financial Network Study
Finance News

Employers that Offer Comprehensive Financial Wellness Benefits Can Reduce Workers’ Stress, Improve Productivity, According to New Freedom Financial Network Study

Fintech News Desk
Productivity loss from employees dealing with debt costs U.S. businesses over $40 billion annually Freedom Financial Network (FFN), a leading digital personal finance company, released a new whitepaper, Filling the Gap in Financial Wellness Benefits, which examines how employers that expand financial benefits beyond traditional wealth management and retirement savings programs can reduce workers’......
SoFi Technologies, Inc. Announces Redemption of All Outstanding Warrants
Fintech News

SoFi Technologies, Inc. Announces Redemption of All Outstanding Warrants

Fintech News Desk
SoFi Technologies, Inc., a leading digital personal finance company, announced that the Company will redeem all of its outstanding warrants (the “Public Warrants”) to purchase shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), that were issued under the Warrant Agreement, dated October 8, 2020,......
Paga Partners with LISNR on Ultrasonic Authentication for Contactless Payments Across Africa
Fintech News

Pagaya Partners With SoFi to Expand Access to Financial Services and Create Opportunities for Customers

Fintech News Desk
The company bolsters its commitment to unlocking access to credit for consumers while scaling its machine learning capabilities Pagaya Technologies Ltd. (“Pagaya”), a financial technology company that enables financial institutions to expand access to more customers through its artificial intelligence network, announced its new partnership with SoFi, the digital personal......
As Student Loan Debate Continues to Draw Uncertainty, SoFi Launches New Program to Help Borrowers
Digital Finance Fintech News

As Student Loan Debate Continues to Draw Uncertainty, SoFi Launches New Program to Help Borrowers

Fintech News Desk
As uncertainty grows around how the federal government plans to address student loan debt concerns, SoFi, the digital personal finance company, announced the launch of a new loan program to help ease borrower distress. Since March 2020, the federal government has paused interest and monthly payments for federal student loan borrowers in......
SoFi Announces Agreement to Acquire Golden Pacific Bancorp, Inc.
Finance Fintech News

SoFi Announces Agreement to Acquire Golden Pacific Bancorp, Inc.

Fintech News Desk
 Acquisition Marks Significant Step in SoFi’s Effort to Obtain National Bank Charter Social Finance, Inc. (SoFi), the digital personal finance company, announced that it has signed a definitive agreement to acquire Golden Pacific Bancorp, Inc. and its wholly owned subsidiary Golden Pacific Bank, N.A. (GPB). GPB is a Sacramento, California-based......
The Bancorp Teams Up With SoFi to Support SoFi Money Product
Banking News

The Bancorp Teams Up With SoFi to Support SoFi Money Product

Fintech News Desk
Cash Management Account to Utilize The Bancorp as Card Issuer and Banking Service Provider The Bancorp Bank, the wholly owned banking subsidiary of The Bancorp, Inc.  is excited to announce its partnership with SoFi, a digital personal finance company, to provide back-end banking services and act as the exclusive card issuer......
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