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

FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets

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. Get the Full Story Complete the form...

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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...

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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...

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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...

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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. Get the...

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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. Get the Full Story Complete the form...

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