Online lenders, Podcasts

Lending Podcast 4: Zillow as a mortgage lender — TD Bank’s digital lending — LendingClub ‘no worse than humans’

  • Zillow is moving from real estate media to become a full-blown mortgage lender.
  • TD Bank goes digital lending with a partner.
Lending Podcast 4: Zillow as a mortgage lender — TD Bank’s digital lending — LendingClub ‘no worse than humans’

Welcome to episode 4 of the Tearsheet Lending Podcast with your hosts Zack Miller and Dan Pelberg.

This week on the show we dive into Zillow’s move to become a mortgage lender Zillow rebranded its acquisition of Mortgage Lenders of America last November “Zillow Home Loans”
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TD Bank partners with Amount for digital lending
TD has partnered with Avant’s SaaS division, Amount, to launch a digital consumer lending product called TD Fit Loan.
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We also briefly discuss Prosper’s FY 2018 financial results
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Aha! A LendingClub computers no worse at lending than humans
“As of 2016, LendingClub’s unsecured consumer lending exhibited inherent credit risk and lending efficiency that resembled the risk and efficiency of the largest traditional lenders.” Are human lenders becoming obsolete? Inefficient?
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GoToLoans unveils app to fund vehicle repairs
This Canadian startup owners can dip into the equity value of a vehicle to obtain loans for repairs and maintenance.
What other things in the future will we be able to offer up in order to obtain a loan. Electronics? Body organs?
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Payments, Podcasts

Square’s David Rusenko on the relaunch of Online Store

  • About a year ago, Square acquired website builder, Weebly.
  • Founder David Rusenko now runs Square's ecommerce efforts and has relaunched Online Store.
Zack Miller | April 18, 2019
Finance Everywhere, Podcasts

FI.SPAN’s Lisa Shields on why ERPs are the banking channel of the future for businesses

  • Lisa Shields broke on to the fintech scene in 2000 with Hyperwallet for mass payments.
  • Her new startup FI.SPAN integrates banks into their customers' corporate ERP systems.
Tearsheet Editors | April 17, 2019
New banks, Podcasts

The Challengers 5: Why would anyone want to be a bank — the rise of BaaS — Wells should heed Buffett

  • This week's episode explores the growing trend of brands introducing financial services
  • It calls into question who and what is a bank: 'People want to bank with the brands they love'
Tearsheet Editors | April 12, 2019
Payments, Podcasts

Branch’s Atif Siddiqi on how the largest brands use salary advance to attract and retain workers

  • Branch is a popular app that is used by hourly workers to communicate and arrange shift changes.
  • With Branch Pay, the app has moved into providing financial services for its userbase.
Zack Miller | April 11, 2019
Blockchain and Crypto, Podcasts

Wave Financial’s David Siemer: ‘I’m all in on crypto’

  • David Siemer was a traditional venture capitalist investing in seed stage companies.
  • For him, the move to crypto is a generational event that he's going after.
Tearsheet Editors | April 10, 2019
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