2016 Financial Technology Lending 
Chris Skinner
MAY 17, 2016
Things we’re reading today include … Financial technology start-ups need power of the EU behind them Costs of overdrafts to fall as part of UK banks overhaul Big Four banks benefit from regulator’s featherlight approach Lloyds shares yield £130m for Treasury Chinese bank buys London gold vault Lending Club shares dive on regulatory (..)
PYMNTS
DECEMBER 6, 2018
Cross River, a provider of banking services for financial technology companies, has raised about $100 million in a funding round, according to a report by the company. The current funding round follows a late 2016 round that raised $28 million. A large portion of the money — $75 million — was from KKR, a global investment firm.
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PYMNTS
MARCH 13, 2017
Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.
Chris Skinner
JULY 21, 2017
Really easy to work with, the company is the chosen system for many other innovative companies including Kickstarter and Apple Pay, and valued at almost $10 billion by the end of 2016. They are very different to banks and are collectively known as FinTech, financial technology start-up companies.
PYMNTS
FEBRUARY 14, 2018
An alternative lending conglomerate based in the U.K. TruFin Chief Executive Officer Henry Kenner said, “The highly experienced management team at TruFin and our group companies are passionate about the opportunities to grow our niche lending businesses. just secured more than $97 million through an initial public offering.
PYMNTS
NOVEMBER 29, 2016
The Problem With PayDay Lending . There is neither a shortage of controversial topics in financial services or financial technology nor a shortage of subjects that tend to polarize people. Time to recognize the importance of lending for consumers and small businesses and for making the economy go ‘round and ‘round.
PYMNTS
OCTOBER 4, 2016
Prosper, the P2P lending marketplace, is reportedly closing down the secondary market for its loans later this month. 27, 2016, Prosper will no longer offer the Folio Investing Note Trader platform, the secondary market for Prosper Notes.
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