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

B2B Payments Gaining Attention Alongside Quest for Speed, Liquidity, Simplicity
B2B Payments Gaining Attention Alongside Quest for Speed, Liquidity, Simplicity
May 27, 2022  |  B2B Payments

Deep thinkers in the payments sector and their tech counterparts have worked tirelessly to perfect consumer experience, while B2B payments got less attention. Then, like...

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Growth Capital Funding Startup Bloom Raises £300M
Growth Capital Funding Startup Bloom Raises £300M
May 26, 2022  |  Investments

Growth capital funding startup Bloom Group S.A. raised 300 million pounds (roughly $376 million) to grow its business across Europe and become a leading provider...

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CFPB Targets Credit Card ‘Suppressed Data’ Practices
CFPB Targets Credit Card ‘Suppressed Data’ Practices
May 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced on Wednesday, May 25 in a blog post that it has sent letters to the nation’s biggest credit...

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LendingClub Says Client-to-Client Loans Mark Evolution for Its Online Marketplace
LendingClub Says Client-to-Client Loans Mark Evolution for Its Online Marketplace
May 26, 2022  |  Loans

Risk and reward are the cornerstones of any asset class. Clarke Roberts, senior vice president, Electronic Trading Services at LendingClub, told Karen Webster that whole...

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Lendflow Launches Credit Decisioning Engine for Embedded Lending Products
Lendflow Launches Credit Decisioning Engine for Embedded Lending Products
May 24, 2022  |  API

Lendflow, which offers embedded lending, has rolled out an application programming interface (API) for companies to build, embed and launch credit products, a press release...

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Nova Credit Teams with Alloy on Inclusive Business Lending
Nova Credit Teams with Alloy on Inclusive Business Lending
May 24, 2022  |  Partnerships

San Francisco-based FinTech Nova Credit partnered with identity decisioning platform Alloy to help lenders become more inclusive and serve more consumers across the credit spectrum...

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PBOC to Banks: Step Up Loan, Mortgage Approvals  
PBOC to Banks: Step Up Loan, Mortgage Approvals  
May 24, 2022  |  International

Regulators are telling banks in China to step up loan approvals and keep the flow of mortgages going as the world’s second-largest economy remains on...

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FinTech Grab Financial Debuts Payments, Insurance and Lending App
FinTech Grab Financial Debuts Payments, Insurance and Lending App
May 23, 2022  |  Payment Methods

Southeast Asian FinTech Grab Financial has rolled out plans for a new brand for digital payments, insurance, lending and wealth management, called GrabFin, according to...

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Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
May 19, 2022  |  Technology

In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to...

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