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

New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind

New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind
New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind
January 20, 2022  |  Risk Management

Using alternative data to underwrite business loans to small- to medium-sized businesses (SMBs) isn’t new, whether pulling from social media or using other nontraditional means....

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APIs Could Move UK SMBs From Siloed to Connected Data
APIs Could Move UK SMBs From Siloed to Connected Data
January 19, 2022  |  SMBs

Small- to medium-sized businesses (SMB) make up the backbone of economies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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UK Challenger Bank Helps SMBs Build Credit History and Access Loans
UK Challenger Bank Helps SMBs Build Credit History and Access Loans
January 18, 2022  |  B2B Payments

Sixty-five percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Akulaku Considers Going Public Through SPAC at $2B
Akulaku Considers Going Public Through SPAC at $2B
January 14, 2022  |  SPAC

Indonesian online lender Akulaku Inc. is mulling going public in the U.S. through a merger with a blank-check company that would value the company at...

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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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