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

Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
Partnerships and New Tech Announcements Dominate as FinTech IPO Slips 0.9%
September 08, 2023  |  IPO

Earnings season has trailed off — and now come the headlines focused on technology, partnerships and entry into new markets as FinTechs continue to try...

READ MORE >
LHV Bank Collaborates With Tuum on Small Business Lending
LHV Bank Collaborates With Tuum on Small Business Lending
September 07, 2023  |  Banking

LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. The U.K. licensed bank has partnered with cloud-native platform Tuum to...

READ MORE >
Coinbase Unveils Crypto Lending for Institutional Investors
Coinbase Unveils Crypto Lending for Institutional Investors
September 06, 2023  |  Cryptocurrency

Cryptocurrency exchange Coinbase says it is rolling out a digital asset lending program for its institutional Prime clients.  In an announcement provided to PYMNTS Wednesday (Sept. 6),...

READ MORE >
Momnt Raises $15 Million to Grow Lending and Financing Platform
Momnt Raises $15 Million to Grow Lending and Financing Platform
September 06, 2023  |  Investments

Atlanta-based FinTech company Momnt has raised $15 million to grow its lending and financing platform. Since its launch in 2020, Momnt has expanded its presence in the...

READ MORE >
Home Trust Offers Mortgage Clients Digital Banking Via Platform
Home Trust Offers Mortgage Clients Digital Banking Via Platform
September 05, 2023  |  Real Estate

FinTech firm ebankIT, in collaboration with Home Trust, launched a digital platform to offer seamless and integrated user experiences to Home Trust’s mortgage clients, according...

READ MORE >
Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back
Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back
August 29, 2023  |  SMBs

Small- to medium-sized businesses are tough. “It’s a resilient sector made up of business segments that are seeing strong growth,” Hicham Oudghiri, co-founder and CEO of Enigma...

READ MORE >
FinTechs Throw Lifeline to Subprime-Borrowing Consumers
FinTechs Throw Lifeline to Subprime-Borrowing Consumers
August 28, 2023  |  Loans

Consumers with low credit scores may find assistance in their uphill battle toward greater financial security. Financial stumbles may have long-lasting impacts on consumers whose...

READ MORE >
Fed Data Shows Pressure Building in Consumer Lending
Fed Data Shows Pressure Building in Consumer Lending
August 24, 2023  |  Debt

The Federal Reserve’s latest data on how loan performance at all banks is faring found pockets of resilience — and, perhaps, pockets of concern. Household debt has...

READ MORE >
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged...

READ MORE >