Credit Karma now has 60 million users. Yes, that zero is supposed to be there. And the company, which gives out free credit scores and generates revenue from selling lending leads, is adding 1 million to 2 million users — which the company calls “members” — per month, a Credit Karma official told anRead More
Post Tagged with: "LendingTree"
SEATTLE — LendingTree will “buy the clicks” previously pointing to Google Compare, now that the search giant is shuttering the service, a top LendingTree official said. Nikul Patel, the chief operating officer and chief product officer of LendingTree, said last week at Bank Innovation 2016 here that the purchasing ofRead More
If you invested in the S&P 500 at the start of 2015, by the end of trading today, you would have enjoyed a return of … 1.04%. Yeah, not impressive. But had you invested in the portfolio of fintech stocks Bank Innovation tracks, you would have scored a return of 39%. Yeah,Read More
Historically — and by “historically” I mean since the early 2000s — aggregators have largely fueled online lending. But something seems to be happening in the online lending aggregation space, or at least aggregation of small business lending. Yesterday, OnDeck Capital reported its third quarter earnings (+67% YOY originations growth), andRead More
Personal financial management app My LendingTree has rapidly gained users since its launch earlier this year. LendingTree CEO Doug Lebda said on the company’s earnings call last week that My LendingTree had nearly 1 million users. Lebda discussed the site at Bank Innovation 2015 in early March, saying the final touches were being putRead More
MyLendingTree, LendingTree’s play to create an online home for a borrowers’ credit, has entered the final stages of development. Doug Lebda, the founder and chief executive of LendingTree, said the kinks would iron out of MyLendingTree within the next couple of months, finalizing an application that the company views as centralRead More
Two of the banking innovation industry’s most dynamic — and experienced — executives will participate in fireside chats at Bank Innovation 2015, the annual gathering of banking innovation professionals for in-depth discussions on the future of financial services.
Online lending is the darling of venture capitalists — witness Lenda, the startup specializing in home loans that announced a $1.5 million raise yesterday — and the space as a whole is white hot. “Consumer finance is the last big industry to move online,” Doug Lebda, founder and CEO ofRead More
Another Finovate conference is in the books. The Best of Show winners included MoneyDesktop, one of the companies on my watch list for accelerating the convergence of high tech and high touch, and one that should have been on my list, but had elude…