18 June 2019. 4finance Holding S.A. (the “Group”), one of Europe’s largest digital consumer lending groups, announces that it has issued more than €7 billion in online loans since the Group was established in 2008. The €7 billion milestone reflects 4finance’s successful ongoing transition into longer term credit offers with instalment loans and lines of credit, […]
Read moreWe are now over a decade into the third era of finTtech innovation, which grew out of the fallout from the 2008 global financial crisis and the advent of the smartphone. With record amounts of investment flowing into the sector again in 2018, this innovation train shows no signs of slowing. However, in the past couple of […]
Read moreThere’s $7 trillion of market cap for U.S. based financial institutions. In most major industries, the “challenger” technology company is now the most dominant — Facebook, at $540bn, is the most valuable media company, and Amazon is 3x the size of Walmart, at close to $1tn in market value. This has not yet happened in finance. Despite […]
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Read moreFacebook, you’ve come a long way. From its humble beginnings as a platform to stalk your high school girlfriend, the social media giant has evolved to become one of the world’s largest and most influential advertisers, news aggregators and data gatherers. We can now add “fintech firm” to that list. This week Facebook released a […]
Read moreAlgorithmic fintech lending is less discriminatory against minorities than traditional loan officers, according to a recent study of US mortgages. The findings signal hope that technology could provide financing that’s more fair, but the research also underscores how widespread discrimination remains. The US housing market has long been prejudiced against minorities. When Latino and Africa-American borrowers […]
Read moreNo one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur […]
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