8/16 FinTech Update

FinTech takes on Consumer Lending Subprime credit-card lending is nothing new. Banks have historically generated significant revenue by lending to consumers with bad credit, but that’s changing as young consumers are increasingly wary of the dangers of accumulating credit card debt. Instead, Americans now prefer to limit general debt and take out point-of-sale loans on…

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7/29 FinTech Update

Welcome to the first FinTech Update! In this series we will post bi-weekly updates on developments in fintech. For extended analyses, look out for our research articles coming soon. With that said, let’s get right into it: Paidy raises $55m Series C Japanese startup Paidy has just raised an additional $55 million in funding, adding…

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About UR FinTech

What is UR FinTech? UR FinTech is a recently launched club at the University of Richmond that aims to deliver value to its members and its following of forward-thinking individuals with an interest in the FinTech space. Why did UR FinTech Launch? We saw that while there are many students at the University of Richmond…

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