LendingClub Corp

Americans caught in fintech’s false FDIC promise

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Americans caught in fintech’s false FDIC promise

Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun … Read more

Affirm’s stock quintupled this year, beating all tech peers

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Affirm’s stock quintupled this year, beating all tech peers

Drew Angerer / Getty Images  A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm shares ended 2022 down 90%, wiping out billions of dollars in market value. Affirm investors are wrapping up 2023 in a much different mood. The … Read more