Top ten lendtech stories in 2018
No groans, just loans. Our top ten lendtech stories in 2018.
Wonga goes bust
Little sympathy for the firm – one comment included “Lol rot in hell”.
Wells Fargo whacked with $1bn fine for lending violations
For its auto-loan administration and mortgage practices.
Morgan Stanley bets on Brazil’s lending boom
Follows in the wake of Goldman Sachs.
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law… Judge Dredd-style.
Goldman Sachs’ lending platform Marcus coming to UK
It was initially mentioned in an internal memo.
Ex-Lending Club boss gets an Upgrade
A tale of redemption.
BBVA delivers first syndicated loan on blockchain
The €150 million deal used Hyperledger.
Australia’s Athena strengthened by $25m funding
The fintech gods find favour with the Sydney-based outfit.
CYBG to lend £400m via Salary Finance
UK bank will fund its salary-deducted loans product line.
Lendtech SoFi flying low as losses linger
So low we put it at the bottom.