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

Today in the Connected Economy: Meta Seeks Piece of Indian eCommerce Market
Today in the Connected Economy: Meta Seeks Piece of Indian eCommerce Market
August 29, 2022  |  Connected Economy

Today in the connected economy, Meta launches a partnership with Indian eCommerce firm JioMart to let shoppers buy groceries using WhatsApp. Plus, Jio parent Reliance...

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Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
August 29, 2022  |  Loans

Irish FinTech company FixxFi has launched an embedded finance solution for the auto and home repair industries, the company announced in a news release Monday...

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Highline Teams With Argyle to Drive Payroll-Linked Lending
Highline Teams With Argyle to Drive Payroll-Linked Lending
August 29, 2022  |  Loans

Payments FinTech Highline Technologies is partnering with employment data platform Argyle to bring payroll-linked lending and bill pay capabilities to lenders across the U.S. Payroll-linked lending gives consumers who...

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Amazon, Flipkart Lobby Against India’s Digital Lending Rules
Amazon, Flipkart Lobby Against India’s Digital Lending Rules
August 26, 2022  |  Regulation

Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Earlier...

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Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
Digital Marketplaces Tackle 3,000 Years of Agribusiness Inertia
August 25, 2022  |  B2B Payments

For more than 3,000 years, the agriculture industry has been doing business manually. It started with stone tablets and still clings to last millennium’s paper...

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FuturePay Offers Revolving Credit to Online Merchants
FuturePay Offers Revolving Credit to Online Merchants
August 22, 2022  |  eCommerce

FuturePay, an eCommerce financing company, has made its MyTab revolving credit platform available for online merchants. “The MyTab solution is an alternative to traditional credit...

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FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
August 22, 2022  |  Fintech Investments

FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Banks and...

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Abrigo Buys Two BankLabs Solutions to Support Construction Lenders
Abrigo Buys Two BankLabs Solutions to Support Construction Lenders
August 22, 2022  |  Acquisitions

Compliance, credit risk and lending solutions provider Abrigo has purchased BankLabs’ Construct and +Pay loan administration and funding solutions.  With this acquisition, Abrigo now has...

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Small Business Loan Platform Ranqx Launches in North America
Small Business Loan Platform Ranqx Launches in North America
August 17, 2022  |  SMBs

Small- to medium-sized business (SMB) loan origination, decisioning and monitoring platform Ranqx has launched operations in North America, saying it will provide SMBs a frictionless...

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