credit

SeedFi closes on $65M to help financially struggling Americans get ahead

Millions of Americans live paycheck to paycheck, and struggle to get out of a debt cycle. One startup is developing financial products targeted toward this segment of the population, with the goal of

LA-based SoLo Funds raises $10 million to offer an alternative to predatory payday lenders

SoLo Funds wants to replace payday lenders with a community-based, market-driven model for individual lending, and now has $10 million to expand its business in the U.S. Payday lenders offer high-inte

Embedded finance startup Banxware raises €4M seed

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs — isn’t an entirely new concept. In fact, in on

Buy now, pay later to be regulated in the UK

Following a government review, the U.K.’s financial services regulator will be instructed to regulate the buy now, pay later industry made popular by companies such as Klarna and AfterPay (known

US challenger bank Chime launches Credit Builder, a credit card that works more like debit

U.S. challenger bank Chime, now valued at $5.8 billion, is entering the credit card market with today’s launch of a new card designed to help consumers build their credit history by way of every

Now more than ever we need fintechs to lead on consumer transparency

As the US flirts with extreme market volatility and the possibility of its first recession since 2008, it’s amazing to think how much consumer financial services have changed in that time.

Credit Sesame launches a digital banking service focused on improving credit scores

Credit Sesame is getting into digital banking. The credit and loans company, first launched at TechCrunch Disrupt in 2010, has since grown to 15 million registered users and, in 2016, achieved profita

Leap Finance raises $5.5M to democratize financing for foreign-bound Indian students

Tens of thousands of Indians move to the United States to pursue higher education each year. But like many others who have arrived from a foreign land, they can’t secure education loans or personal

The don’ts of debt for fast-growing startups

Debt can serve as a valuable piece of a company’s capital structure; the key is to use debt for the right purposes and to understand the implications of doing so.

FBI secretly demands a ton of consumer data from credit agencies. Now lawmakers want answers

Recently released documents revealed the FBI has for years secretly demanded vast amounts of Americans’ consumer and financial information from the largest U.S. credit agencies. The FBI regularl

Credit startup Migo expands to Brazil on $20M raise and Africa growth

After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Capital Group. The San Franicso-base

Goldman Sachs leads $50M round for credit card platform Deserve

Deserve, a credit card startup helping young people establish themselves, as well as a cloud-based credit card platform for businesses, has raised $50 million in a new round of Series C funding led by

Venmo to launch its first credit card in 2020

Venmo announced today its plans to launch its first-ever credit card. The card is being issued in partnership with Synchrony, already the issuer behind Venmo parent company PayPal’s Extras Maste

Payments giant Stripe debuts a credit card in its latest step into the financing fray

Last week, when the popular payments startup Stripe made some waves with its first move into money lending through the launch of Stripe Capital, we reported that the company was also soon going to be

Credit Karma glitch exposed users to other people’s accounts

Users of credit monitoring site Credit Karma have complained that they were served other people’s account information when they logged in. Many took to a Reddit thread and complained on Twitter

Klarna raises $460 million, looks to expand its payments presence in the US

Swedish payments provider Klarna has announced a new round of equity funding, adding $460 million at a post-money valuation of $5.5 billion, which makes it one of the most highly valued private fintec

Using Spotify and Netflix payments to build your credit score? Grow Credit has a service for that.

Can subscriptions and everyday payments be used to help build or rebuild a credit score? The Los Angeles-based Grow Credit thinks so. The service, which launched earlier this month, is one of the slew

Fintech in Latin America continues to draw big dollars as SoftBank invests $231 million in Creditas

As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services.

Tally’s Jason Brown on fintech’s first debt roboadvisor and an automated financial future

Yesterday, Tally, the startup looking to automate consumers financial lives, announced it had raised a $50 million Series C round led by Andreessen Horowitz and with participation from Valley heavy hi

After Equifax breach, US watchdog says agencies aren’t properly verifying identities

A federal watchdog says the government should stop relying on the credit agencies to verify the identifies of those using government services. In a report out this week, the the Government Accountabil
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