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

Buyer ‘Anchors’ Are ‘The New Oil’ For SMB Supply Chain Financing In India
Buyer ‘Anchors’ Are ‘The New Oil’ For SMB Supply Chain Financing In India
September 15, 2021  |  B2B Payments

Indian capital financing startup CredAble has hit upon the very credible idea of underwriting loans for small and medium-sized supply chain vendors. It’s doing so...

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As Ant Reconfigures Loan Business, China’s SMBs Could See Credit Headwinds 
As Ant Reconfigures Loan Business, China’s SMBs Could See Credit Headwinds 
September 13, 2021  |  B2B Payments

When companies are refashioned not by competitive forces but by government fiat, the ripple effects can be broad — and, for at least some stakeholders,...

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LendingClub LCX Platform Allows Investors Access to Loans
LendingClub LCX Platform Allows Investors Access to Loans
September 10, 2021  |  Loans

LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. “This innovation opens...

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Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
September 10, 2021  |  Investments

Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday...

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Latvian Lending Marketplace Mintos Expands Beyond Loans to Offer Investments 
Latvian Lending Marketplace Mintos Expands Beyond Loans to Offer Investments 
September 09, 2021  |  Investments

After six years of operating as a peer-to-peer (P2P) lending marketplace, Mintos CEO and Co-founder Martins Sulte said that it made sense for the company to...

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CFPB Sues LendUp Alleging Online Lender Broke Consent Order
CFPB Sues LendUp Alleging Online Lender Broke Consent Order
September 08, 2021  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is alleging in court that LendUp Loans has violated a 2016 consent order and deceived borrowers, according to a...

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Trade Ledger, ScotPac Team to Fast-Track SMB Loan Approvals
Trade Ledger, ScotPac Team to Fast-Track SMB Loan Approvals
September 06, 2021  |  B2B Payments

FinTech Trade Ledger is partnering with small- to medium-sized business (SMB) lender ScotPac to accelerate loan application turnaround times, according to a press release. ScotPac...

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Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
September 03, 2021  |  CFPB

Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose...

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China to Send Banks Money for SMB Aid
China to Send Banks Money for SMB Aid
September 01, 2021  |  Loans

China’s central bank is planning to provide 300 billion yuan, or $46.4 billion, in low-cost funding to aid banks in providing support for small- and...

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