Microloans news and trends

RecargaPay: From Mobile Top-Ups To Mobile Financial Services Ecosystem
Digital Payments // August 11, 2020

A decade ago, when Brazil’s RecargaPay first debuted, a glance around the global payments ecosystem would have shown a similar pattern. The world’s largest digital payment companies at the time — PayPal and Alipay — got their start inside of marketplaces, RecargaPay Founder and CEO...

Mnuchin: PPP Kept ‘Tens Of Millions’ Employed
Economy // June 10, 2020

The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said in a Wednesday (June 10) hearing. Mnuchin, however, told the Committee on Small Business and Entrepreneurship that companies large and...

Giving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why
Loans // December 11, 2019

Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards imposed by the U.S. Environmental Protection Agency has been questioned by the Trump administration. The...

What Cambodia’s Debt Crisis Means For Microlending
South Asia // August 13, 2019

There is a debt crisis slowly but surely building in Cambodia that could see millions of people losing their homes and family farms — the result of microlending run amok amongst 15 percent of the population. And while the individual loans are small — relatively...

Interviews & Exclusives
Microcredit Puts Loans Within Reach of Emerging-Market Consumers

October 18, 2023
From buy now, pay later (BNPL) to credit card installments, there are diverse credit and lending products available to consumers today. However, for two-thirds of the world’s population, particularly in emerging markets, access to formal credit can be extremely challenging, if not impossible, says Kunal Kaul, chief risk and strategy officer at Tala.  The main issue, […]

RecargaPay: From Mobile Top-Ups To Mobile Financial Services Ecosystem

August 11, 2020
A decade ago, when Brazil’s RecargaPay first debuted, a glance around the global payments ecosystem would have shown a similar pattern. The world’s largest digital payment companies at the time...

Giving Truckers Better Loans Can Lower Carbon Footprints: Here’s Why

December 11, 2019
Of late, California’s emissions standards have become a source of some controversy as the state’s ability to set emission standards for cars and trucks that are higher than the standards...

What Cambodia’s Debt Crisis Means For Microlending

August 13, 2019
There is a debt crisis slowly but surely building in Cambodia that could see millions of people losing their homes and family farms — the result of microlending run amok...

Quick Reads
Mnuchin: PPP Kept ‘Tens Of Millions’ Employed

June 10, 2020
The Paycheck Protection Program (PPP) has supported over three-quarters of the small- to medium-sized business (SMB) payroll in 50 states, Treasury Secretary Steven Mnuchin said in a Wednesday (June 10) hearing. Mnuchin, however, told the Committee on Small Business and Entrepreneurship that companies large and small will require additional assistance. Mnuchin said that SMBs, as […]

Amazon, Chase Donate To Whole Foods Planet Foundation

March 03, 2019
Whole Foods has announced that both Amazon and Chase will donate a portion of purchases made with an Amazon Rewards Visa Card to Whole Planet Foundation, a nonprofit that fights global poverty...

Grab And Credit Saison Launch Consumer Financing JV

March 13, 2018
Grab, the ride-hailing company based in Southeast Asia, announced news on Tuesday (March 13) that it has teamed up with Credit Saison Co., one of Japan’s largest consumer financing companies,...

China Online Finance Platform Qbao.com Head Surrenders To Police

December 28, 2017
Zhang Xiaolei, head of China-based online financial platform Qbao.com, and who has been under investigation, surrendered to local authorities on Thursday (Dec. 28). Citing state news agency Xinhua, the DailyMail.com reported...