loans

SoftBank Leads Funding For Brazilian Lender Creditas

SoftBank Leads Funding For Brazilian Lender Creditas
SoftBank Leads Funding For Brazilian Lender Creditas
July 10, 2019  |  Investments

Japanese company SoftBank is leading a $231 million funding round for a Brazilian lending startup called Creditas, in a bid to shake up competition in...

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TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019  |  B2B Payments

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks....

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India’s Struggling Alt Lending Sector A Risk To Economy
India’s Struggling Alt Lending Sector A Risk To Economy
July 05, 2019  |  Economy

The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by...

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Funding Circle Delays Canada Launch In Gloomy Forecast
Funding Circle Delays Canada Launch In Gloomy Forecast
July 05, 2019  |  B2B Payments

Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters said this week,...

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iwoca Integrates With Funding Options, Funding Xchange
iwoca Integrates With Funding Options, Funding Xchange
July 04, 2019  |  Loans

U.K.-based iwoca is integrating its lending platform with marketplace lenders Funding Options and Funding Xchange to accelerate and further automate access to capital for small...

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Fundation Pulls Community Bank Into FinTech Collaboration
Fundation Pulls Community Bank Into FinTech Collaboration
July 03, 2019  |  B2B Payments

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning...

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Aussie Banks Push Back Against Plan For Deeper Credit Checks
Aussie Banks Push Back Against Plan For Deeper Credit Checks
July 01, 2019  |  Banking

In response to plans by regulators to require banks to conduct more detailed credit checks in lieu of depending upon indices, banks in Australia are...

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BIS Warns About Corporate Borrowing
BIS Warns About Corporate Borrowing
July 01, 2019  |  B2B Payments

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the...

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FairFX Licensed To Enter Biz Lending Space
FairFX Licensed To Enter Biz Lending Space
June 24, 2019  |  Loans

FairFX Group, through its subsidiary Spectrum Payment Services, announced that it has been licensed to provide credit facilities as a broker, allowing it to offer...

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