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 Marketplace TradeIndia Launches Loan Service for MSMEs

B2B Marketplace TradeIndia Launches Loan Service for MSMEs
B2B Marketplace TradeIndia Launches Loan Service for MSMEs
July 10, 2022  |  B2B Payments

New Delhi-based B2B marketplace TradeIndia has rolled out TradeIndia Lending (TI Lending), a new loan service for micro-, small- and medium-sized enterprises (MSMEs), according to...

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Today in the Connected Economy: Volkswagen, Comdata Launch Fleet Management Card
Today in the Connected Economy: Volkswagen, Comdata Launch Fleet Management Card
July 08, 2022  |  Connected Economy

Today in the connected economy, Volkswagen partners with payment processor and fleet fuel card issuer Comdata to improve fleet management operations. Plus, digital, on-demand, convenience...

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Today in FinTech: Banking Circle to Add USDC; Tillable Expands Farm Loans
Today in FinTech: Banking Circle to Add USDC; Tillable Expands Farm Loans
July 08, 2022  |  Technology

In today’s FinTech news, Banking Circle is adopting USD Coin (USDC), while farming loan platform Tillable is growing its lending program. Plus, decentralized finance (DeFi)...

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Crypto Fundamentals: How Do Exchanges Make Money?
Crypto Fundamentals: How Do Exchanges Make Money?
July 07, 2022  |  Cryptocurrency

Welcome to the first in PYMNTS’ series on the fundamentals of the crypto industry. In it, we’ll be looking at how the market works and...

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Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
July 04, 2022  |  Cryptocurrency

Crypto lender Vauld, which is backed by both Coinbase and investor Peter Thiel, has suspended withdrawals, citing the crisis on the digital asset market, the...

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Finastra Launches BNPL Alternative Tool
Finastra Launches BNPL Alternative Tool
July 01, 2022  |  Loans

British FinTech Finastra has debuted an embedded customer lending product, a solution the company says provides access to “traditional regulated lending options” for customers at...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
June 29, 2022  |  Loans

Credit markets are tightening. The Federal Reserve has been busy boosting interest rates and, amid a macroeconomic environment that could be charitably described as uncertain,...

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Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
June 29, 2022  |  Technology

Despite high mobile penetration across Africa, cash remains a preferred payment method for everyday transactions, with an estimated 95% of transactions in Nigeria, one of...

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