Canadian fintech Mogo Finance Technology announced on Tuesday it opened more than 210,000 new member accounts in 2018, which brought its member base to approximately 756,000 on December 31st. The company claims it is a digital challenger to the banks in Canada and empowers consumers with solutions… Read More
Ripple, a provider of enterprise blockchain solutions for payments, announced on Tuesday 13 new financial institutions have signed up for the company’s payment network, RippleNet. It was revealed that the companies now in the network are the following: Euro Exim Bank SendFriend JNFX FTCS Ahli Bank of… Read More
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
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
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
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