The Kennesaw, Ga.-based company, which targets borrowers with blemished credit records, has acquired LoanHero, which specializes in loans at the cash register.
The Minneapolis bank is the first bank to join Community Reinvestment Fund's online service that matches small-business borrowers who don’t qualify for bank loans with community development financial institutions.
A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers.
Several women are viewed as possible successors for a retiring William Dudley. Pam Codispoti has plans to up the millennial appeal of Chase’s 5,200 branches. What’s hot in fintech for 2018? Plus, the year of #MeToo in review.
The people-helping-people model proffered by LendingClub and others quickly foundered, but several startups aim to bring it back with the help of distributed ledger technology.
Intrust Bank has agreed to purchase $20 million worth of Funding Circle's small-business loans in what could just be the beginning of a long-term relationship.