OppFi (formerly OppLoans), a Chicago-based loan servicer that partners with banks to offer small-dollar loans to credit-challenged customers, is at the center of a debate around how best to reach customers with low credit scores.
Apr 30, 2021
Latest Posts
In June of last year, Plaid – a data aggregator which says it serves 11,000 financial institutions across the United States, Canada, and Europe – hired Ginger Baker as its head of financial access. “As a network that provides the financial account connections between consumers and fintech apps, we are constantly thinking about how to […]
Apr 30, 2021
Fiserv has enabled businesses using Money Network electronic payroll delivery services from Fiserv to let their employees have earned wage access.
Apr 29, 2021
The financing comes from San Francisco-based Community Impact Management, a social impact investment firm that provides debt financing to fintech companies.
Apr 29, 2021
Pipe is bolstering its sales and engineering departments with several new hires that come from the fintech giant Stripe and Kabbage.
Apr 29, 2021
An investment fund tied to international conglomerate Sony has contributed to a $12 million funding round for insurtech startup Covr Financial Technologies. Hartford, Connecticut-based Covr, which offers life insurance through its digital platform, announced the funding round April 29. This round brings Cover’s total funding to $30 million. An undisclosed sum in the new funding […]
Apr 29, 2021
Visa and Airbnb have partnered so Airbnb hosts in certain markets can get their payments faster by using Visa Direct, a push payments platform.
Apr 28, 2021
Insurtech startup Wunderite has picked up $3 million in a seed funding round led by Spark Capital, whose portfolio includes Affirm, Coinbase and Plaid. The mobile-enabled SaaS platform developed by Boston-based Wunderite simplifies and automates the sales and underwriting process for insurance agents, many of whom are small business owners. “Having worked at my family’s […]
Apr 28, 2021
HousingWire recently spoke with Mohammad Rashid, Head of Fintech Practice at Tavant, about ways that he believes banks could better utilize AI and and machine learning, thereby improving the customer experience.
Apr 27, 2021 4:26 pm
Challenger bank Current has raised $220 million in a Series D funding round led by new investor Andreessen Horowitz, bringing its valuation to $2.2 billion.
Apr 27, 2021