UK-based challenger bank Monzo announced on Monday that 1 million people are now using its services. Founded in 2015, Monzo is building a new kind of bank, which will live on smartphone and are built for the way the user lives today. “We’re doing things… Read More
Read more in: Fintech | Tagged challenger bank, milestones, monzo, uk, united kingdom
Online lending platform OnDeck (NYSE: ONDK) announced on Wednesday it has surpassed $10 billion in total loan originated to small businesses. According to OnDeck, the latest milestone is the latest indication that small businesses increasingly prefer to seek financing online. OnDeck reported that it provided its first… Read More
Read more in: Crowdfunding Portals and Marketplaces | Tagged loan originated, milestones, ondeck, online lender, online lending, small businesses
Mortgage marketplace lender LendingHome announced on Tuesday it surpassed $3 million in loan originations. The milestone news comes just little over eight months after the online lender surpassed $2 billion in loan originations. Founded in 2013 and began lending in mid-2014, LendingHome states it has the online… Read More
Read more in: Crowdfunding Portals and Marketplaces, Real Estate | Tagged lendinghome, loan originations, marketplace lending, milestones, online lending, real estate
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