Loans

Loans
New Data: Living Paycheck to Paycheck Triggers Personal Loan Demand
October 05, 2021

When one thinks of those struggling between paychecks, people making six-figure incomes don’t typically enter the picture. But PYMNTS research continues to find that an alarmingly high percentage of the well-compensated aren’t making it financially from one check to the next. Get the Full Story...

Loans
NFT Lending Protocol JPEG’d Teams With Chainlink for CryptoPunks-Backed Loans
October 01, 2021

NFT lending protocol JPEG’d is partnering with decentralized oracle provider Chainlink to enable borrowing using CryptoPunks as collateral. 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...

Loans
TapWater Turns on Lending Faucet for SaaS Platforms
September 28, 2021

Embedded lending startup TapWater is now available in beta and has a waitlist in progress for Software-as-a-Service (SaaS) companies and other B2B firms looking to integrate credit solutions directly into their platforms, the FinTech Brain Food newsletter reported. Get the Full Story Complete the form...

Loans
UK Education Lender Prodigy Finance Could Replicate the Success of US-based SoFi Technologies
September 24, 2021

The further education market is growing apace, and it should come as no surprise that the associated student loan business is capturing major investor interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loans
India’s FinBox Unveils Account Aggregation Product for Loans
September 21, 2021

India’s FinBox unveiled what the company said is one of the country’s first account aggregators — systems that let potential borrowers prepare and upload one set of financial documents and then allow access to the online file from multiple potential lenders. FinBox systems connect lenders to...

Loans
JPMorgan Chase Buys College Aid Platform Frank
September 21, 2021

JPMorgan Chase has acquired online college planning platform Frank, according to a CNBC report Tuesday (Sept. 21), adding tools to help more than 5 million students at 6,000 colleges and universities apply for and negotiate financial aid, enroll in online classes and find scholarships. Get...

Loans
Lending Platform Peach Raises $20M to Grow Loan Management
September 15, 2021

Peach, a Software-as-a-Service (SaaS) loan management company, has raised $20 million in a Series A funding round, according to a press release on Tuesday (Sept. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Loans
LendingClub LCX Platform Allows Investors Access to Loans
September 10, 2021

LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Loans
Report: TikTok Parent ByteDance Seeking $4B in Debt Financing
September 08, 2021

Chinese firm ByteDance, owner of video-driven social media sites TikTok and Douyin, is looking for roughly $4 billion in loans as its initial public offering (IPO) hangs in the wings amid the continuing government crackdown on technology companies in China, Bloomberg reported Wednesday (Sept. 8)....