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

Legion Capital Debuts Nationwide Online Real Estate Lending Platform
Legion Capital Debuts Nationwide Online Real Estate Lending Platform
January 13, 2022  |  Real Estate

FinTech-enabled small and medium-sized business (SMB) private equity lending company Legion Capital Corporation on Thursday (Jan. 13) said it will expand its lending portfolio with...

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SMBs Seek Credit Solutions Beyond Business Owner’s Personal Credit Card
SMBs Seek Credit Solutions Beyond Business Owner’s Personal Credit Card
January 10, 2022  |  B2B Payments

In countries like Canada that have a very developed financial system, it’s easy to expect that there would be a high level of financial inclusion....

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DeFi Loan Marketplace Goldfinch Nets $25M for Its Credit Protocol
DeFi Loan Marketplace Goldfinch Nets $25M for Its Credit Protocol
January 06, 2022  |  Investments

Decentralized credit protocol Goldfinch has raised $25 million in a Series A extension round led by Andreessen Horowitz, per a Thursday (Jan. 6) report from...

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Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
January 06, 2022  |  Legal

The Texas office of the Securities and Exchange Commission (SEC) will be conducting a probe into lenders’ disclosures and their policies on current issues like...

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PayPal: 2021 Was the Year of Reinvention
PayPal: 2021 Was the Year of Reinvention
January 05, 2022  |  Opinion

Last year brought the digital divide into sharp focus, Doug Bland, PayPal senior vice president, Global Credit and Financial Services tells PYMNTS, noting that businesses...

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LendingClub Reorganizes to Focus on ‘Everyday’ Americans
LendingClub Reorganizes to Focus on ‘Everyday’ Americans
January 04, 2022  |  Banking

LendingClub won’t be going forward with several business operations in 2022, including its yacht loan business, according to CEO Scott Sanborn. “Yacht loans are simply...

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Rocket’s Truebill Acquisition Aimed at Getting Beyond ‘Episodic’ Mortgage Relationships
Rocket’s Truebill Acquisition Aimed at Getting Beyond ‘Episodic’ Mortgage Relationships
January 04, 2022  |  Loans

When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and...

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The Open Banking Opportunity at the Intersection of Data and Payments
The Open Banking Opportunity at the Intersection of Data and Payments
January 03, 2022  |  Digital Banking

Open banking may be seen as a buzzword in the banking and payment industries. It promises new products and innovations that everybody can enjoy, namely...

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DeFi Lending Protocol Aave Takes Real World Assets As Collateral
DeFi Lending Protocol Aave Takes Real World Assets As Collateral
December 28, 2021  |  Loans

For all the talk of DeFi changing the financial world forever, the reality is that decentralized finance is largely a closed system. For the most...

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