Loans

Loans
Alchemy Offers SaaS Platform to Automate Commercial Lending to Small Businesses
April 06, 2022

Alchemy will debut software to help lending companies offer “much needed” financing products for millions of smaller businesses, a press release said Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Loans
Citi Launches Sustainable Trade and Working Capital Loans
April 05, 2022

Citi has launched sustainable trade and working capital loans in Europe, the Middle East and Africa (EMEA), Latin America (LATAM), and Asia Pacific (APAC) regions, the banking giant said in a news release Tuesday (April 5). Get the Full Story Complete the form to unlock...

Loans
LendingClub Says It Has Exceeded 4 Million Members
March 30, 2022

LendingClub says it has helped over 4 million members since 2007, a press release said, hitting this mark just a year after becoming a bank holding company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Loans
Consumer Lending Rose in the UK, Fueled by Record Credit Card Borrowing
March 29, 2022

Lending to consumers in Britain swelled in February, the most in five years, the Bank of England (BoE) announced Tuesday (March 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Loans
Credit-as-a-Service Helps Businesses Offer Better, Faster, Cheaper Loans
March 24, 2022

Until recently, offering that credit product has been easier said than done, involving finding a bank sponsor to handle compliance, risk modeling, underwriting — the list goes on. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loans
Payments Firm Opy Offers Financing for Car Repairs
March 22, 2022

Payments FinTech Opy has branched out into the automotive sector, offering its OpyPay product at franchised auto dealerships around the country, according to a Tuesday (March 22) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Loans
Big Banks Launch Syndicated Loan Platform Versana
March 16, 2022

Versana, a loan platform founded by four of the world’s largest banks, announced its launch Wednesday (March 16), saying it wanted to bring “transparency, efficiency and velocity” to the $5 trillion syndicated loan market. Get the Full Story Complete the form to unlock this article...

Loans
72% of Consumers Manage Their Lending Accounts Online
March 11, 2022

Most consumers have loan accounts with outstanding balances, and most of them manage those accounts online.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Loans
Business Lender Funding Circle Shuts Off Retail Platform to New Investments
March 10, 2022

Funding Circle has permanently barred new investors from its retail platform, the business lender announced Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...