loans

Changes To Business Lending Underway At India’s PSU Banks

Changes To Business Lending Underway At India’s PSU Banks
Changes To Business Lending Underway At India’s PSU Banks
January 06, 2020  |  B2B Payments

India’s state-owned banks are going through changes that could mean an overhaul in business lending, The Economic Times (ET) reported on Friday (Jan. 3).  Get...

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CA Denies Lending License For BNPL Firm Sezzle
CA Denies Lending License For BNPL Firm Sezzle
January 02, 2020  |  Loans

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California....

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China’s Central Bank Pours $115B Into Economic Growth 
China’s Central Bank Pours $115B Into Economic Growth 
January 01, 2020  |  International

The People’s Bank of China (PBoC) is planning to pump about $115 billion into the economy by freeing up lenders to write more loans, The...

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SMB Digital Loan Applications Rose 19 Pct. YOY
SMB Digital Loan Applications Rose 19 Pct. YOY
December 30, 2019  |  Loans

As banks continue to shy away from providing small business loans, many small and medium-sized business (SMB) owners have turned to online lending companies to...

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SMBs’ Online Lending Surge Raises Borrower Protection Concerns
SMBs’ Online Lending Surge Raises Borrower Protection Concerns
December 30, 2019  |  B2B Payments

Small businesses continue to flock to online platforms to find much-needed financing, with banks still failing to fill the demand for small to medium-sized business...

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China Ramps Up SMB Loans To Boost Economy
China Ramps Up SMB Loans To Boost Economy
December 30, 2019  |  International

Chinese banks are easing loan requirements in an attempt to stimulate a stalled economy and fulfill the government’s goal to increase small business lending by...

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US Bank Business Loans Stalled In Latter Half Of 2019
US Bank Business Loans Stalled In Latter Half Of 2019
December 29, 2019  |  Loans

U.S. business loans and capital investment have essentially plateaued in the second half of 2019, in what experts say is a reflection of the slowing...

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Aye Finance Raises $14M To Bolster SMB Loan Portfolio
Aye Finance Raises $14M To Bolster SMB Loan Portfolio
December 26, 2019  |  B2B Payments

India-based Aye Finance has raised INR 1 billion (more than $14 million) in debt funding from BlueOrchard, reports said Thursday (Dec. 26). Get the Full...

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Indian FinTech ZestMoney Raises $15M Led By Goldman Sachs
Indian FinTech ZestMoney Raises $15M Led By Goldman Sachs
December 19, 2019  |  Alternative Finances

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar...

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