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

OnDeck Teams With HomeAdvisor On SMB Financing
OnDeck Teams With HomeAdvisor On SMB Financing
February 22, 2021  |  B2B Payments

OnDeck, an Enova International brand, has collaborated with HomeAdvisor to help businesses and tradespeople on the HomeAdvisor platform to access financing, according to a Monday...

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China Tightens Rules For Banks On Internet Lending
China Tightens Rules For Banks On Internet Lending
February 21, 2021  |  Regulation

China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. The move...

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Today In Payments Around The World: KreditBee Lands $75 Million In Series C Round; Lakestar’s Hommels Launches SPAC
Today In Payments Around The World: KreditBee Lands $75 Million In Series C Round; Lakestar’s...
February 18, 2021  |  International

In today’s top payments news around the world, India-based KreditBee has raised $75 million in a Series C round, while Lakestar Founder Klaus Hommels has...

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Monopolizing The SMB Customer Relationship Through Embedded Finance
Monopolizing The SMB Customer Relationship Through Embedded Finance
February 18, 2021  |  B2B Payments

Traditional financial institutions are facing new competitive pressures from sources beyond the emergence of FinTechs. The rise of neobanks and the opportunity for companies to...

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Indian Digital Lending Startup KreditBee Raises $75 Million
Indian Digital Lending Startup KreditBee Raises $75 Million
February 17, 2021  |  Investments

Indian lending startup KreditBee, based in Bengaluru, is coming off a Series C round with $75 million, Mint reported. The round featured participation from Premji Invest,...

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Atom Collaborates With Plaid On SMB Open Banking
Atom Collaborates With Plaid On SMB Open Banking
February 16, 2021  |  B2B Payments

To launch open banking services for its clients, British financial institution Atom is teaming with open finance platform Plaid. The latter company lets clients provide...

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American Express Brings SME Loans To Canada
American Express Brings SME Loans To Canada
February 11, 2021  |  B2B Payments

American Express is rolling out business loans in Canada in an international extension of its current corporate financing offerings. American Express, which is working with...

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Everyday Credit FinTech OppFi Will Go Public Via SPAC
Everyday Credit FinTech OppFi Will Go Public Via SPAC
February 11, 2021  |  IPO

FinTech platform Opportunity Financial (OppFi) has entered into an agreement with special purpose acquisition company (SPAC) FG New American Acquisition Corp. (FGNA) to become a...

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The Future Of Grocery, eCommerce And Short-Term Lending
The Future Of Grocery, eCommerce And Short-Term Lending
February 11, 2021  |  Today In Data

Discount grocery retailer ALDI plans to expand its store count this year, with expansion focused on California, Arizona, Florida and the Northeast. In eCommerce, Seattle-based headless commerce startup Fabric, which enables...

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