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

Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments

Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
November 10, 2021  |  Investments

Payitoff, an automated student loan management company serving the FinTech sector, has generated $8.5 million in a seed round, according to a Wednesday (Nov. 10)...

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Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
November 10, 2021  |  Loans

As growth stocks continue their heady (but never completely steady) climb on Wall Street, the question remains: When are triple-digit gains not enough? Get the...

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Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
November 04, 2021  |  Partnerships

Automotive marketplace platform Cars.com (CARS) announced on Thursday (Nov. 4) that it has signed a definitive agreement to acquire automotive FinTech platform CreditIQ.  Get the...

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Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
October 26, 2021  |  BNPL

Buy now, pay later (BNPL) is having a moment — one that won’t dissipate anytime soon. Get the Full Story Complete the form to unlock...

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Automation to Work to Bring Much-Needed Credit Relief to SMBs
Automation to Work to Bring Much-Needed Credit Relief to SMBs
October 25, 2021  |  B2B Payments

When small- to medium-sized business (SMB) owners experienced cash flow problems back in the good old days, it would inevitably leave them in a bit...

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Sezzle, Bread Partner on Loan Program
Sezzle, Bread Partner on Loan Program
October 25, 2021  |  Loans

The payments company Alliance Data Systems has formed a partnership with the buy now, pay later (BNPL) platform Sezzle, with Alliance offering its installment loan...

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Sable Simplifies Credit and Banking Services for US-Based Global Citizens
Sable Simplifies Credit and Banking Services for US-Based Global Citizens
October 19, 2021  |  Consumer Finance

Globalization has created global citizens – people crossing borders and settling in new countries for school or work, or simply choosing to call a new...

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NY Crypto Lending Crackdown Targets Five Platforms
NY Crypto Lending Crackdown Targets Five Platforms
October 18, 2021  |  Cryptocurrency

New York has ordered two cryptocurrency lending platforms to cease activities and warned three others to hand over information about how their businesses operate, New...

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