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

Capchase, Xero Streamline UK Small Businesses’ Access to Capital
Capchase, Xero Streamline UK Small Businesses’ Access to Capital
September 29, 2022  |  B2B Payments

Non-dilutive capital startup Capchase is now integrated with global small- to medium-sized business (SMB) accounting software platform Xero, enabling SMB customers in the United Kingdom...

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Today in the Connected Economy: Peloton Teams With Dick’s to Find New Members
Today in the Connected Economy: Peloton Teams With Dick’s to Find New Members
September 29, 2022  |  Connected Economy

Today in the connected economy, Peloton partners with Dick’s Sporting Goods in an effort to fuel new sales and memberships ahead of the holidays. Plus,...

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Today in B2B Payments: 2 Firms Deploy Blockchain-Powered Solutions
Today in B2B Payments: 2 Firms Deploy Blockchain-Powered Solutions
September 29, 2022  |  B2B Payments

Today in B2B payments, Stablecorp is beta-testing a treasury management platform powered by blockchain technology, while Byline Bank has signed with Tassat Group to use...

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Amazon, Lendistry Expand Small Business Lending Program
Amazon, Lendistry Expand Small Business Lending Program
September 29, 2022  |  B2B Payments

Amazon is expanding its Community Lending program to reach more sellers. Launched as a pilot last year in partnership with minority-led community development financial institution...

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Community Banks Get SMB Leg Up With FinTech Lending Platform
Community Banks Get SMB Leg Up With FinTech Lending Platform
September 29, 2022  |  Loans

One doesn’t build a FinTech in New Zealand — with a population of five million souls and a bit more than half a million SMBs...

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Lavu, Parafin Partner to Offer Restaurants Cash Advances
Lavu, Parafin Partner to Offer Restaurants Cash Advances
September 28, 2022  |  Partnerships

Restaurant software and payments platform Lavu has launched a new solution that offers restaurants cash advances. The new Lavu Capital offering is powered by embedded...

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PingPong, Uncapped Partner on Capital Advance for European Merchants
PingPong, Uncapped Partner on Capital Advance for European Merchants
September 28, 2022  |  B2B Payments

Aiming to help eCommerce merchants that have established their businesses and are now looking to expand, PingPong Payments and Uncapped have partnered to enable PingPong...

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UK Digital Mortgage Lender Perenna Closes $30M Series A
UK Digital Mortgage Lender Perenna Closes $30M Series A
September 26, 2022  |  Investments

U.K.-based digital bank Perenna has closed a $30 million Series A funding round, as reported in AltFi Monday (Sept. 26). Perenna, which has yet to...

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Citi to Cut Lending to Private Equity Firms
Citi to Cut Lending to Private Equity Firms
September 23, 2022  |  Bank Regulation

Citigroup is undertaking drastic cutbacks on the amount of money it lends to private equity firms and other asset managers as big banks try to...

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