Thiel-backed digital bank Erebor is preparing to vault into a higher league of fintech valuations, targeting a new price tag of $4.35 billion on the back of fresh capital and hard-won regulatory ...

Competition among sponsor banks heats up as fintechs apply for their own charters, but the hidden costs and valuation risks ...

NewtekOne’s business model involves issuing loans, selling guaranteed portions, and securitizing unguaranteed portions, generating revenue via a high-risk, high-reward business model. Despite ...