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

NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  

NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
May 05, 2023  |  Fintech Investments

A spate of earnings reports rolled in through the past week, and a rough parity between gaining stocks and decliners held the FinTech IPO Index...

READ MORE >
SoFi’s Membership Rosters Surge 46% Year on Year
SoFi’s Membership Rosters Surge 46% Year on Year
May 01, 2023  |  Earnings

SoFi’s latest quarterly results underscore a continued demand for personal loans — and a platform model that supports a continuum of spending, saving and direct...

READ MORE >
FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
FDIC Sends Cease and Desist Order to Cross River Over Lending Practices
April 30, 2023  |  Digital Banking

Federal regulators have cited Crypto and FinTech-focused lender Cross River Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Capital One Reports Quarterly Lending Decreases Across the Board
Capital One Reports Quarterly Lending Decreases Across the Board
April 27, 2023  |  Earnings

Capital One Financial’s latest results show that, like consumers, it isn’t immune to the market. Get the Full Story Complete the form to unlock this...

READ MORE >
Younited Teams With Tink to Expand Instant Credit Offering
Younited Teams With Tink to Expand Instant Credit Offering
April 26, 2023  |  Partnerships

Younited is working with open banking platform Tink to expand instant credit in Europe. Get the Full Story Complete the form to unlock this article...

READ MORE >
UK’s Small Businesses Use Purchase Order Financing to Cover Big Ticket Expenses
UK’s Small Businesses Use Purchase Order Financing to Cover Big Ticket Expenses
April 26, 2023  |  Alternative Credit

Small and medium-sized businesses (SMBs) have not had a moment’s rest in the last few years. After enduring a crippling pandemic, they are now navigating...

READ MORE >
Businesses Start to Feel Credit Pinch
Businesses Start to Feel Credit Pinch
April 21, 2023  |  Loans

Businesses are reportedly finding it increasingly difficult to access credit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
April 20, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to...

READ MORE >
Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
Open Banking Helps Fast Track AI-Driven Lending, Says Nucleus Finance CEO
April 18, 2023  |  Artificial Intelligence

When it comes to artificial intelligence (AI)-driven credit decision-making, Chirag Shah, founder and CEO at U.K. FinTech lender Nucleus Commercial Finance, is of the view...

READ MORE >