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The New Lending Fintech Bonanza

Gonzobanker

It was into this world that the much celebrated digital lending fintech OnDeck recently sold to Enova for $90 million, a virtual fire sale at way under 1X OnDeck’s revenue. They primarily support – don’t compete with – federally insured bank lending. or 26X revenue but quickly doubled in the market. mortgage market.

Lending 158
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SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

After industry consolidation and a leveling-out of venture capital interest, alternative SMB lending remains a strong market, though just like traditional banks, it has also faced new lessons as a result of the current market. “It comes in waves, there’s no doubt about it,” he said about the alt-lending boom.

Lending 171
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Alkami to Acquire MANTL: So What?

Gonzobanker

Speed and UX (the former impacting the latter) are SO important. MANTL and Alkami have always had UXs that demonstrated well from the stage. Outside of maybe lending flows, however, it’s less clear what (if any) value Alkami’s 2021 acquisition of MK Decision still brings. MANTL’s can.

UX 88
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PFM MoneyLion’s Appeal to Millennials, Gen Z Is Simplicity, Says ‘Godfather of Fintech’

Bank Innovation

A focus on simplicity and UX design that intimately appeals to younger users such as millennials and Gen Z users, fintech investor Ron Suber told Bank Innovation. EXCLUSIVE—What’s behind the growth of personal finance management platform MoneyLion?

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Why Augmented Reality is Crucial to Improving the Ecommerce Customer Experience

Perficient

We’ve typically seen that this lends itself to focus on areas such as ratings, reviews, and online price shopping, but trends are now showing there are other effective methods for online, as shoppers want to engage with products both at an experiential level and to ensure the best fit for their needs.

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Goldman Sachs To Launch Mobile App For Consumers

PYMNTS

The report speculated the app will include Goldman Sachs services, including Marcus , its online lending platform, high-yield savings accounts and its soon-to-be-launched robo-advisor investing platform. “We We are looking for an expert iOS developer to work on a greenfield enterprise-grade project delivered on iOS platforms.

Mobile 101
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Part 1: What is Embedded Finance?

Perficient

This blog marks Part 1 of our Embedded Finance Blog Series and will introduce the overarching concept of embedded finance, setting us up to discuss embedded payments, embedded lending, and embedded insurance (all of which fall under the embedded finance umbrella) in future blogs.