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

Personal Loan Apps Borrowing Chart Positions In Latest Provider Ranking
Personal Loan Apps Borrowing Chart Positions In Latest Provider Ranking
March 08, 2021  |  Mobile Applications

Credit markets are ultra-tight. You’d think there was a terrifying global pandemic. Oh, right. There is. No matter. In commerce versus COVID, commerce is actually...

READ MORE >
Atom Bank, Credit Kudos Team On SMB Loans
Atom Bank, Credit Kudos Team On SMB Loans
March 07, 2021  |  B2B Payments

Atom Bank will work alongside Credit Kudos to further boost open data capabilities for business loan affordability assessments, with the intent of delivering more than...

READ MORE >
U.S. Treasury Injects $9 Billion Into Minority And Community Lenders
U.S. Treasury Injects $9 Billion Into Minority And Community Lenders
March 04, 2021  |  Loans

The U.S. Department of the Treasury has announced that a new program intending to help out with access to capital in communities that have traditionally...

READ MORE >
Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European Nations
Today In Digital-First Banking: Plaid Rolls Out Income Verification Tool; Revolut Grows To Additional European...
March 04, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Plaid is introducing Plaid Income in an effort to streamline the income verification process, while Revolut Bank has...

READ MORE >
Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding
Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding
February 26, 2021  |  International

As it gets ready to fold in its micro-lending operations, Ant Group is in discussions with other backers in its new consumer finance unit to...

READ MORE >
FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets
FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets
February 26, 2021  |  Loans

In emerging markets, individuals and businesses have pivoted into the digital age because, simply put, they’ve had to. The pandemic has upended traditional economics and...

READ MORE >
Enova’s ODX, Fundation To Form SMB Lending Firm Through Merger
Enova’s ODX, Fundation To Form SMB Lending Firm Through Merger
February 25, 2021  |  B2B Payments

Enova International struck a deal to combine its ODX operation with origination solutions company Fundation. Enova will keep a minority share in the new combined...

READ MORE >
New PPP Round Finally Gets Around To Gig Workers And More SMBs 
New PPP Round Finally Gets Around To Gig Workers And More SMBs 
February 25, 2021  |  Loans

Another round of Paycheck Protection Program (PPP) funds is readying to hit the bank accounts of small business owners, this time slightly modified from the...

READ MORE >
Open Banking FinTechs Target SMB Underwriting Pains
Open Banking FinTechs Target SMB Underwriting Pains
February 23, 2021  |  B2B Payments

While traditional banks continue to collaborate with FinTechs and facilitate data integrations to strengthen their product offerings for small- to medium-sized businesses (SMBs), more FinTechs...

READ MORE >