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

Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

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. Get the Full Story Complete the form to unlock this...

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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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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. Get the Full Story Complete the form to...

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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...

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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...

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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...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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