Credibly

Thanks to a stop-gap funding measure passed in the final week of January, the U.S. government is, for the time being, fully operational. More precisely, the U.S. government is operating to the best of its ability under a five-week backlog of  work, as well as the threat of another shutdown...

Trends in home buying over the past 10 years have revealed that buyers are increasingly foregoing traditional financial institutions in favor of alternative lenders when seeking home loans and mortgages. This has become so common that six of the top ten home lenders are now non-bank entities. While...

One of the primary benefits of technology’s rapid convergence with the financial services industry over the past decade has been the democratization of capital. Through APIs, unique data sets, and the use of algorithms, fintech companies have been able to streamline the funding process and...

Michigan-based fintech company Credibly recently announced the launch of ReCap 4.0, the latest update to the company's data science-driven scoring model that bridges the funding gap between commercial lenders and small- to medium-sized businesses (SMB). The 4.0 update aims to expand the scope...

The Benzinga Global Fintech Awards are a yearly showcase of the greatest advents in fintech from leaders and visionaries in the worlds of finance and technology. This year, we have executives, developers and innovators from the likes of Facebook, Amazon, IBM, JP Morgan, Zelle, TD Ameritrade,...

The music and business worlds don't always move in sync. Spotify is losing money, Apple Inc. (NASDAQ: AAPL) Music has not been the success investors were hoping for, and Pandora Media Inc (NYSE: P) stock has spent much of the year in single digits. And remember Wall Street's reaction to...

One of the biggest challenges faced by any small business is knowing when and how to expand. Expansion requires capital, and not every entrepreneur has the access to the amount of capital needed to grow their business. Unfortunately, without growth, it can be hard to turn a profit. You can see...

Conversations around online lending in the media tend to revolve around ways the industry seems to be on shaky ground, as evidenced by a series of fiascos at LendingClub Corp (NYSE: LC). However, one lending expert feels the conversation isn't focused on an important distinction where...

As non-bank lending institutions, alternative lenders have occasionally come under fire for acting as "shadow banks," a term coined to describe the subprime lenders that led to the 2008 financial crisis. However, the term is a misnomer when applied to innovative lenders, according to an...

Despite an avalanche of negative press in recent months from companies such as LendingClub Corp (NYSE: LC), the alternative lending space still has plenty of life left in it. In fact, most people watching the space haven't realized the true value alternative lenders provide the economy,...

It's been a rough few months for LendingClub Corp (NYSE: LC). Since May, the alternative lender has stepped on a series of landmines: a subpoena by the Department of Justice, the forced resignation of its CEO over faulty loans, and LendingClub’s largest fund reporting its first...

At the Benzinga Fintech Awards Gala in New York City last month, industry leaders gathered to discuss hot topics in fintech. On the "How to Earn Big on Alternative Investments" panel, the hosts spent some time discussing how to right the course for the marketplace lending space after...