MAXEX Raises $38 Million in New Capital

MAXEX, a residential mortgage loan exchange provider, announced it raised $38 million in its latest funding round. Moore Asset Backed Fund led the charge, issuing the lion’s share of the capital. The company previously raised more than $35 million in its Series A funding round from private and venture investors including Ellis Capital, Fenway Summer Ventures […]

Why Point-of-Sale Lending is Hot Right Now

Many consumers — millennials in particular — have a love-hate relationship with credit. They are comfortable borrowing for specific purposes, such as paying for school, buying a car or even financing a dream wedding. But research conducted by banks and fintechs has found that many younger Americans are uncomfortable carrying credit card balances, partly because […]

Delivery App Roadie Says More Retail Clients on the Horizon

The founder of crowdsourced delivery app Roadie said the company will soon be adding major retailers to its portfolio as it continues to expand its driver network across the country utilizing a “going my way” fulfillment model. Founder and CEO Marc Gorlin said Roadie currently services major airlines such as Delta, a major home improvement […]