Tagged: online lending

October 22, 2015 @ 11:15 am By Erin Hobey  |  

Since summer Goldman Sachs Group has created significant buzz when the bank announced its plan to launch an online marketplace lender unit as early as next year.  Hiring engineers, data scientists, operations staff and customer service professionals is the logical next step for Goldman, as it builds… Read More

October 13, 2015 @ 11:16 am By Erin Hobey  |  

Founded in 1999, National Funding, a private lender of small business loans, has secured additional funding from its longtime bank partner, Wells Fargo. Wells Fargo Capital Finance agreed to increase its line of credit up to $75 million, aiming to help fund small business, working capital and equipment… Read More

October 7, 2015 @ 8:44 am By Erin Hobey  |  

The newly announced partnership between Finpoint, Leeds City Region Enterprise Partnership (LEP) and PwC allows for the expansion of Pinpoint’s service into the UK. Finpoint has already been supported by 70 lenders across the UK, including among others Loyds Bank, Metro Bank, Funding Circle, FundingKnight and… Read More

October 6, 2015 @ 11:01 am By Erin Hobey  |  

Not yet a toddler, the three month old loan service Basix has hit some enviable milestones. California-based online lending startup, ZestFinance, has secured a $150 million debt financing deal with global investment giant Fortress Investment Group for Basix. Founded in 2009 by former Google CIO Douglas Merrill, ZestFinance… Read More