LendUp

Subprime card lender introduces ex-Barclays exec as CEO

09/16/19

Mission Lane, which was spun off from LendUp in December, said Monday that Shane Holdaway took the helm in August after roughly a year serving as CEO of Barclays' U.S. consumer bank. The upstart lender also announced that it has raised $200 million in equity funding.

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Fintechs have more work to do to prevent discrimination: Congressman

08/17/18

Rep. Emanuel Cleaver, D-Mo., released a survey of lending practices that he said point to practices such as forced arbitration clauses and extracting a customer’s credit score to determine creditworthiness.

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Fed study ignites debate over online lending's impact on consumers

11/14/17

The Cleveland Fed's conclusion that U.S. consumers are typically worse off after getting online loans encountered strong pushback from their advocates.

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PayPal makes investment in a Silicon Valley lender focused on subprime consumers

06/28/17

LendUp is seeking to differentiate itself from competitors by making fast loan decisions and designing its customer experience around the mobile phone.

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