loans

Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans

Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
November 01, 2022  |  Loans

Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers...

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Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
November 01, 2022  |  Economy

Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees...

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Amazon Offers Sellers New Source of Growth Capital
Amazon Offers Sellers New Source of Growth Capital
November 01, 2022  |  Amazon

Amazon has debuted a cash advance solution for merchants selling on its site as small businesses seek more sources of growth capital. Get the Full...

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National Funding Names Rob Rosenblatt to Head Digital Lending Division
National Funding Names Rob Rosenblatt to Head Digital Lending Division
November 01, 2022  |  Personnel

Aiming to serve significantly more small businesses, specialty finance company National Funding has hired Rob Rosenblatt as president of its new digital lending division, called...

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Cashfree Payments Unveils New Tool for Digital Lending
Cashfree Payments Unveils New Tool for Digital Lending
October 27, 2022  |  Digital Payments

India’s Cashfree Payments has debuted a new tool it says is designed to help non-banking financial companies meet the country’s new digital lending rules. Get...

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Krea and Klarna Tout Success of SME Loan Program
Krea and Klarna Tout Success of SME Loan Program
October 26, 2022  |  Loans

Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan...

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Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
Amex Reserves $387M for Bad Loans as Inflation’s Bite Continues
October 21, 2022  |  Credit Cards

American Express said Friday (Oct. 21) that it had put aside more money for delinquent loans than anticipated, another red flag for U.S. consumer health....

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Addressing America’s Financial Health Crisis
Addressing America’s Financial Health Crisis
October 19, 2022  |  Opinion

In the new PYMNTS eBook, “What’s Your Plan? Payments Strategies for a Strong 2022 Finish,” LendingClub SVP and Financial Health Officer Anuj Nayar says providing...

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