Ascend has raised a $30 million Series A round while simultaneously gaining a lending commitment of $250 million to finance insurance premium loans via its platform. The lending is being provided by Hudson Structured Capital Management Ltd. – doing its re/insurance business as HSCM Bermuda… Read More
Read more in: Insurtech | Tagged ascend, index ventures, mark goldberg
On Tuesday, fintech firm Even Financial announced it increased loan originations by 205% quarter over quarter since the beginning of 2016. The company reported that, with more than $1.5 billion in loan requests, its platform has grown to serve over one million customers with its… Read More
Read more in: Fintech, General News | Tagged ascend, even financial, loans, milestone, phill rosen, prosper, upstart
Financial Solutions Lab is a five-year program aimed at harnessing and developing top FinTech companies to create products that tackle Americans’ most pressing financial issues. In July, the lab chose 9 startups to join year one of its five-year program. Each of the companies received $250,000 in… Read More
Read more in: General News | Tagged ascend, digit, even, financial solutions lab, finlab, prism, propel, puddle
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