Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

AI Loan Startup Kreditech Raises $22M For Global Growth
AI Loan Startup Kreditech Raises $22M For Global Growth
September 25, 2019  |  Investments

Kreditech, an AI-based loan startup that targets emerging markets, has raised $22 million in its latest funding round, according to a report. Based in Hamburg,...

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Indonesian Lending FinTech JULO Closes $15M Series A
Indonesian Lending FinTech JULO Closes $15M Series A
September 18, 2019  |  Investments

Indonesian peer-to-peer lending platform JULO is closing its Series A2 funding round with $15 million raised, after extending its initial $5 million Series A funding...

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Affirm Looks To Raise $1.5B On $3B Valuation
Affirm Looks To Raise $1.5B On $3B Valuation
September 12, 2019  |  Innovation

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to raise around $1.5 billion in a debt and...

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Global Debt Spike Has Some Central Bankers Worried
Global Debt Spike Has Some Central Bankers Worried
September 09, 2019  |  Economy

As the U.S.-China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported...

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New RealPage Credit Facilities Expand Borrowing Capacity To $1.2B
New RealPage Credit Facilities Expand Borrowing Capacity To $1.2B
September 05, 2019  |  Real Estate

RealPage, a leading global provider of software and data analytics to the real estate industry, announced it has entered into new credit facilities, which expands...

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending
Hong Kong Relaxes Rules In Effort To Boost FinTech Lending
September 04, 2019  |  B2B Payments

In efforts to boost FinTech and collaborative efforts across Open Banking and application programming interfaces (APIs), the Hong Kong Monetary Authority is loosening rules governing...

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Kabbage Acquires SMB Data Analytics Firm Radius
Kabbage Acquires SMB Data Analytics Firm Radius
September 04, 2019  |  B2B Payments

Small business lending platform Kabbage has announced the acquisition of data analytics platform Radius Intelligence. In a press release on Tuesday (Sept. 3), Kabbage said...

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U.K. Scrambles To Prop Up Business Bank Lending
U.K. Scrambles To Prop Up Business Bank Lending
September 03, 2019  |  B2B Payments

U.K. regulations have been working to elevate business banking competition and expand access to capital for corporate and SMB borrowers, but the latest reports from...

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India’s State Banks To Merge As Economy Slows
India’s State Banks To Merge As Economy Slows
August 30, 2019  |  International

India’s Prime Minister Narendra Modi is merging state banks as the country looks for ways to offset a slowdown of the economy, Financial Times reported...

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