The year 2016 may go down as the year of debt for startups, a new report suggests. Venture capitalist plunged to its lowest levels in two years in the last quarter to $2.4 billion for fintech startups. But founders — especially for fintechs — still needed access to capital. BloombergRead More
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Affirm, the lending startup piloted by PayPal co-founder Max Levchin, recently announced plans to report its loan data to the credit bureaus. This will help customers with thin files, particularly millennials, to bolster their credit histories. Affirm provides point-of-sale loans that allow customers, particularly millennials, to finance purchases with participatingRead More