Payments Ecosystem
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Payments Ecosystem
The Payments ecosystem is evolving at an unprecedented pace driven by mobile, cloud computing, start-up's challenging the behemoths, and new technologies. My personal collection of curated stories and blogs.
Curated by Vineet Anand
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US alternative finance market shows no signs of cooling off

US alternative finance market shows no signs of cooling off | Payments Ecosystem | Scoop.it
generating more than $36 billion in funding in 2015
Vineet Anand's insight:

US alt. lending generats more than $36 billion in funding in 2015 - driven by growth in P2P and crowdfunding. 

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Online lender Earnest raises $275m to build 'modern bank for the next generation'

Online lender Earnest raises $275m to build 'modern bank for the next generation' | Payments Ecosystem | Scoop.it
Finextra: Earnest has raised $75 million in a Series B funding round and secured another $200 million in debt financing as it prepares to take on traditional banks with its data-centric approach to online lending.
Vineet Anand's insight:

Earnest raises $75million in Series B funding and another $200 million in debt financing to drive lending to other sectors than its current focus on student loans. SoFi raised $1 billion in Series E funding few weeks ago, which is on similar path to expand in sectors beyond student loans. 

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Curated by Vineet Anand
Payment Industry leader passionate about Fintech, Innovation in Banking, Product Management & Strategy, driving revenue growth through client management, business development and P&L focus.