Remove Fintech Remove Lending Remove Minneapolis
article thumbnail

BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options

PYMNTS

The FinTech Sezzle has struck up a partnership with Ally Lendin g, a digital financial services company. This will allow the Minneapolis-based Sezzle to offer more long-term loans. We empathize with the economic situation millions of Americans now face," said Hans Zandhuis , president of Ally Lending.

Lending 198
article thumbnail

Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

Silicon Valley FinTech Affirm is also a regular in the top 5 this year. In addition to its core POS lending business, Affirm branched out into financial services in June, debuting a high-yield savings account called Affirm Savings. The account comes with 1.30 Leveraging Risk the Right Way.

Lending 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Sezzle Names Former PayPal Exec To Lead Sales

PYMNTS

Sezzle , the Minneapolis-based installment-based payments platform, has announced the appointment of Reid Bork to its leadership team. In February, the four-year-old FinTech startup announced it had topped one million customers. In January, Sezzle was denied a crucial lending license from California.

article thumbnail

Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

Our letter draws on Ballard Spahr’s two-plus decades of experience in representing banks and savings associations (“Banks”) in establishing lending programs (“Bank-Agent Programs”) where a Bank obtains substantial assistance from a fintech or other non-Bank company (an “Agent”) to offer Bank loans to consumers or small businesses.

FDIC 78
article thumbnail

The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. Most Egregious Fintech Valuation – Chime , which went fromone funding round at $1.5 Best Consultant Layover Experience – Goes to the Prince Store next to the Delta Skyclub in Minneapolis-St.

Idaho 148
article thumbnail

Fintech Fundings: 21 Companies Raise $215 Million Week Ending Feb 19

Fintech Labs Insights

Although we saw one high-flying fintech unicorn crash to earth this week , the fintech sector continued to attract significant capital with 21 companies raising $214.8 Seven weeks into the new year, fintech companies have raised $4.7 Here are the fintech deals by size from 13 Feb to 19 Feb 2016: StoneEagle Services (VPay).

Company 12
article thumbnail

Fintech Fundings: 26 Companies Raise $280 Million in 4th Week of June

Fintech Labs Insights

It was a huge week in German fintech funding, coinciding with, but too soon to be caused by, Brexit. All told, 26 fintech companies worldwide raised $281 million during the third week of June including five Finovate alums: Plaid landed $44 million from Goldman Sachs. Fintech deals by size from 18 June to 24 June, 2016: Circle.