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

CircleUp Adds Lines Of Credit To Equity Finance Platform
CircleUp Adds Lines Of Credit To Equity Finance Platform
July 27, 2017  |  B2B Payments

CircleUp is adding a new way to invest in consumer packaged goods (CPG) brands. The crowdfunding platform — which originally launched to link businesses with accredited...

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Indonesian FinTech Launches App For Individual SME Investors
Indonesian FinTech Launches App For Individual SME Investors
July 24, 2017  |  B2B Payments

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates...

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SME Cash Management Startups Grab $93M In Funding
SME Cash Management Startups Grab $93M In Funding
July 21, 2017  |  B2B Payments

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak...

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Renaud Laplanche’s Second Act
Renaud Laplanche’s Second Act
July 18, 2017  |  Alternative Finances

F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know...

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Citigroup Beats on 2Q, Despite Trading Slip
Citigroup Beats on 2Q, Despite Trading Slip
July 14, 2017  |  Earnings

Citigroup results came in better than expected for the second quarter, the firm said Friday, buoyed by growth in emerging markets and its overall loan...

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Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

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JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
July 14, 2017  |  Earnings

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card...

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Logistics Services And Lending Services Bow Via MercadoLibre
Logistics Services And Lending Services Bow Via MercadoLibre
July 12, 2017  |  International

MercadoLibre, the online marketplace serving Argentina, is boosting its presence in areas such as lending and logistics. Those areas, Reuters reported on Tuesday, had once been...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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