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The digital lender increased its marketing spend in the first quarter of 2024, with the ultimate goal of "Uber-izing the loan officer."
May 14
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The digital lender also agreed with a former executive to drop her lawsuit accusing the company of misleading investors.
May 13
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The digital lender disclosed a prolonged low stock price could have forced it to redeem a $528 million convertible note from sponsor SoftBank.
April 10 -
The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28
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The lender has shed over $1 billion in annualized expenses and said it retains enough capital to sustain operations for the next several years.
November 14 -
The firm says the product can save companies in excess of 30% of their existing cost structure.
November 9 -
The digital lender's product comes amid soaring expenses for homeowner's coverage.
November 2 -
The lender disclosed multimillion dollar bonuses to executives last week amid reports that it laid off staff following its Wall Street debut.
October 4
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The ads ran on websites including Investopedia, Martha Stewart and Southern Living, a lawsuit alleges.
August 30
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The lender has shed nearly 80% of its expenses in the past year, in part through massive downsizing.
August 28
