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

Cred Crypto Lender Names PayPal Veteran As CFO
Cred Crypto Lender Names PayPal Veteran As CFO
August 26, 2019  |  Personnel

Cred, a global crypto-backed lending and borrowing platform, has announced the addition of two executive team members. Joe Podulka, a 10-year veteran of eBay and...

READ MORE >
China’s Wanwu Xinxuan eCommerce Platform Lands $20M; Experian Acquires FinTech Startup To Enhance Open Data Offering
China’s Wanwu Xinxuan eCommerce Platform Lands $20M; Experian Acquires FinTech Startup To Enhance Open Data...
August 26, 2019  |  Investments

Chinese social eCommerce platform Wanwu Xinxuan has raised $20 million in a Series B round of financing led by Fresh Capital, with participation from Redpoint...

READ MORE >
Xiaomi To Roll Out Consumer Lending In India
Xiaomi To Roll Out Consumer Lending In India
August 23, 2019  |  Loans

With an ambitious play into a booming financial services space that presents challenges that include fierce competition, China’s Xiaomi is reportedly gearing up to roll...

READ MORE >
GenZ Gets Friendly With Credit
GenZ Gets Friendly With Credit
August 20, 2019  |  Financial Inclusion

Generation Z is growing up. The oldest members of the generation born between the mid-90s and the mid-2010s (specific year ranges vary depending on who...

READ MORE >
Negative Interest Rates And Negative Ripple Effects
Negative Interest Rates And Negative Ripple Effects
August 16, 2019  |  Loans

Please take out a loan. Stimulate the economy. We’ll pay you to do it. News came this week that Jysek Bank, a Danish bank that...

READ MORE >
China Bank Loans Decline In July Amid Trade Tensions
China Bank Loans Decline In July Amid Trade Tensions
August 12, 2019  |  International

Decreasing demands for loans has caused a July lending slowdown for Chinese financial institutions, The Wall Street Journal reported on Monday (Aug. 12). The climate...

READ MORE >
India’s Lendingkart Closes $30M Series D Round
India’s Lendingkart Closes $30M Series D Round
August 12, 2019  |  B2B Payments

Indian startup Lendingkart has announced that it raised $30 million as part of a Series D financing round. Existing investors Fullerton Financial Holdings, Bertelsmann India...

READ MORE >
CUs Try To Solve The Cannabis Cash Conundrum
CUs Try To Solve The Cannabis Cash Conundrum
August 12, 2019  |  Credit Unions

Pot is legal across several states, illegal nationwide, and cash still dominates transactions. But might CUs offer a salve for at least (some) banking needs? ...

READ MORE >
C2FO Lands $200M For Dynamic Discounting Tech
C2FO Lands $200M For Dynamic Discounting Tech
August 07, 2019  |  B2B Payments

C2FO, an online loan marketplace that connects businesses with invoice financing, has announced $200 million in new funding as it looks to expand with small...

READ MORE >