Tag: online loans
SoFi pushes back IPO plans amid financial tech struggles
The online lending company known as SoFi, which specializes in refinancing student loans, is pushing back plans for an initial public offering in order to focus on developing other business lines. Read more: www.bloomberg.com
Digital challenger bank Atom hits £100m in deposits
Atom Bank has launched an online-only mortgage product as it hits £100m in deposits and it plans to launch an overdraft product in 2017. Read more: www.uk.businessinsider.com
Quint Finance Group looks to expand into US
David Brooks has joined FinTech firm Quint Finance Group as US territory director as they strategically expand to the US marketplace. Read more: www.crowdfundinsideder.com
US consumers defaulting on loans made online
Online loans have shown signs of weakening with two of Avant’s securities breached triggers this month for the first time. Read more: www.bloomberg.com
OCBC guides FinTech companies in WM and loan services
OCBC will help pilot three FinTech solutions in the coming months for its wealth management and home loans services. Read more: www.straitstimes.com