Enova paid double what LendingClub paid for Radius. Worth it?
If you run a credit shop, you know the specific sinking feeling when an underwriter pings you on Slack: "I can't find this entity in California."
Every high-volume lender faces the same operational drain: underwriting teams spending 20-30 minutes manually verifying businesses that don't exist.
Most lenders wait for a bounced ACH payment to trigger a collections event.
Here is a fraud pattern every underwriter has seen: The business is real. The bank statements are real.
4,000 ISO Partners Can Now Offer MCA Products
JP Morgan Adds $50B Direct Lending; Debt-to-EBITDA Caps Removed
D&O insurance doesn't cover conduct bans. RCG, Yellowstone, Seek execs all named.
Most third-party integrations in fintech are 6-week slogs involving extensive compliance reviews, complex OAuth flows, and opaque documentation.
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