By using new data sources and employing up-to-date machine learning technology, online loan provider Kreditech hopes to better understand applicant’s financial situation and personality.
Brex is a corporate card company that uses bank information to make real-time data-driven decisions about the credit limits that it should set for start-ups and other small businesses. This helps minimize financial risk while increasing the revenue that the company receives as a card issuer.
Revolut is a digital invader in retail banking. Are established banks well positioned to protect their lucrative position? A heavy anchor of branch network can let them down.
In early 2017, Lloyd Blankfein (Goldman Sachs CEO) stated “We are a technology firm. We are a platform.” Goldman Sachs still has a long way to go, but is taking steps in the right direction to effectively employ digital technologies. What does this mean for the future of the traditional investment banking industry? Is human capital still a bank’s greatest asset?
Tala has been a pioneer in the alternative lending space. Founded by Shivani Siroya, the Santa Monica based company has demonstrated tremendous success in providing credit to people who are unbanked. Tala uses machine learning from a user’s smartphone to […]
Financial institutions are increasingly turning to nontraditional forms of data to evaluate creditworthiness. Lenddo is one of the start-ups seeking to change the way individuals are evaluated.
Lenddo and EFL are trying to achieve financial inclusion of underbanked population by using alternative scoring model using social media, mobile phone and psychometric data.
Lufax: The World’s Largest P2P Lending is Pivoting from Core Business
How Venmo founders created a leading platform in the mobile payment space.
Lending club founder was able to build a robust lending platform against significant headwinds, but it's unclear if the resulting product matches the initial vision of a "peer to peer' marketplace.