Online Lenders

Introducing Tearsheet’s Lending Newsletter: Digital lending, alt data, borrower acquisition and more

  • Tearsheet is amping up its coverage of the lending space.
  • Subscribe to our weekly briefing on digital lending.
Introducing Tearsheet’s Lending Newsletter: Digital lending, alt data, borrower acquisition and more

Digital lending continues to evolve quickly.  We’re seeing a convergence as banks launch and improve their digital capabilities. Digital native lenders are upping their games, too, expanding beyond the monoline and into other financial products. Tearsheet is launching a weekly lending briefing, compiling what you need to know from across Tearsheet and other must-read sources.

We’ll cover lending from a variety of different perspectives: marketing (who’s pushing the envelope on borrower acquisition), convergence (banks and digital lenders are beginning to look quite similar), new lenders (who’s making waves with new models), and alt data (scoring the credit invisible is a big theme).

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Online Lenders

CIT revamps B2B point-of-sale lending platform

  • CIT upgrades its point of sale system to accelerate purchase finance.
  • The company rolls out APIs to ease integration.
Michael Deleon | February 17, 2020
Online Lenders

4 charts that show just how big a deal student debt is

  • Student debt hit historical highs in 2019 with $1.5 trillion in outstanding loans.
  • A new survey by Pillar asked people just how far they'd go to get rid of their loans.
Zoe Murphy | January 22, 2020
Online Lenders

Monzo has 200,000 people using its salary advance feature

  • Challenger banks are going after their users' paychecks.
  • In return for setting up direct deposit, firms like Monzo enable users to get paid early.
Michael Deleon | January 10, 2020
Online Lenders

Kabbage partners with GoDaddy to offer capital to entrepreneurs and SMBs

  • Kabbage uses a partnership strategy to pursue growth.
  • This tie-up gives the SMB lender access to GoDaddy's US clients.
Michael Deleon | November 04, 2019
Online Lenders

Behind a rebrand and a new marketplace, SMB lending marketplace Become shuns telephone sales in favor of a full digital experience

  • Become, previously Lending Express, offers an entirely end to end digital lending process for SMBs.
  • The company also announced a $12.5 million investment round.
Zack Miller | October 29, 2019
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