CFPB Monitor

APRIL 11, 2022

A Connecticut federal district court has refused to dismiss claims filed by the CFPB against a mortgage company and three of its principals for alleged Truth in Lending Act (TILA), Mortgage Act and Practice (MAP) Rule, and Consumer Financial Protection Act (CFPA) violations.

Connecticut 78

Connecticut Company Regulation social media 78

CFPB Monitor

AUGUST 7, 2019

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” .” Rather, they argue that the advances are payments for compensation already earned.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA. The proposed consent order requires the bank to pay a $5.5

NJ 60

NJ New Jersey New York Philadelphia 60

Fintech Labs Insights

JANUARY 7, 2016

Social media financial compliance specialist Gremln raised $1.4 HQ: Shelton, Connecticut. Social media management & compliance for financial institutions . HQ: Trieste, Tags: SMB, credit, lending, trade financing, underwriting, commerce. More than half the total ($46 million) went to Chinese P2P lender Weijinsuo.

St. Louis 12

St. Louis social media Company Fintech 12

Fintech Labs Insights

JULY 23, 2015

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. HQ: Darien, Connecticut. CircleBack Lending. Consumer lending P2P marketplace. HQ: South Glastonbury, Connecticut. Risk & compliance management for financial institutions. government. BIMA (Milvik).

Company 12

Company Connecticut Fintech Austin 12

Fintech Labs Insights

AUGUST 1, 2016

Alt-lending to small businesses. Marketplace lending analytics. Tags: SMB, lending, credit, underwriting, payments, point-of-sale, mobile, trade finance. Total raised: $42 million. HQ: Ahmedabad, India. Source: Crunchbase. West Creek Financial. Consumer purchase financing. Latest round: $28.5 million ($3.5 Total raised: $28.5

Company 12

Company Fintech New York City Lending 12

Fintech Labs Insights

APRIL 30, 2015

Sneak Peek Part 7: Avoka, CBW Bank, Cloud Lending Solutions, Context Relevant, Dealstruck, DriveWealth, Dwolla, Dynamics, Encap Security, EyeBuy, FIS Mobile, Kabbage, Knox Payments, Lending Tree, LendKey. Finaeos automates the back-office and capital raise compliance. HQ: Westport, Connecticut. See you in San Jose!

San Jose 12

San Jose Las Vegas California Tucson 12