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

Zopa Hits Lending Milestone And Gives Insight Into Borrowers

Zopa Hits Lending Milestone And Gives Insight Into Borrowers
Zopa Hits Lending Milestone And Gives Insight Into Borrowers
February 01, 2017  |  Consumer Finance

Zopa, the U.K.’s oldest marketplace lender, announced on Monday (Jan. 30) that it has become the first peer-to-peer lending platform to reach a $2.5 billion origination...

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Freshly Funded, Finicity’s Lending Focus (SMBs’, Too)
Freshly Funded, Finicity’s Lending Focus (SMBs’, Too)
December 15, 2016  |  B2B Payments

SMBs can make the case beyond static financials, says Nick Thomas, president and cofounder of Finicity. Transaction and account data is ubiquitous, but piecemeal. And bringing...

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Affirm Supports Four More eCommerce Platforms
Affirm Supports Four More eCommerce Platforms
November 30, 2016  |  eCommerce

Retailers using the Kibo Commerce, BigCommerce, AspDotNetStorefront or Zen-Cart eCommerce platforms now have a new financial support option as of Tuesday (Nov. 29). Get the...

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Whatever Happened To…Kabbage
Whatever Happened To…Kabbage
October 13, 2016  |  Whatever Happened To...

Cruciferous vegetables are hearty and packed full of fiber and vitamins. So when your financial tech company shares a similar name with the cabbage variety,...

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US Consumer Borrowing Up
US Consumer Borrowing Up
October 10, 2016  |  Consumer Finance

Fueled by school loans and purchases of new cars, U.S. consumers borrowed more in August than they have in almost a year, according to a Bloomberg...

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CFPB To LendUp: You Failed To Deliver, Pay Up $3.63 Million
CFPB To LendUp: You Failed To Deliver, Pay Up $3.63 Million
September 28, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Tuesday (Sept. 27) that it has taken action against an online lender, LendUp, with fines levied of $1.8...

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Online Lenders to See More Regulation … And Soon
Online Lenders to See More Regulation … And Soon
September 19, 2016  |  Regulation

In a move that may add insult to injury, the online lending sector may have to gird for more regulation amid the stings of rather...

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SMB Lending And The ‘Pay-As-You-Go’ B2B Future
SMB Lending And The ‘Pay-As-You-Go’ B2B Future
August 26, 2016  |  B2B Payments

Yantra Financial helps lenders disburse funds immediately, smoothing the working capital bumps that bedevil SMBs and enabling firms to make payments to their own customers...

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