alt lending

Chinese Alt-Lender Dianrong Lands $220 Million
Chinese Alt-Lender Dianrong Lands $220 Million
August 03, 2017  |  B2B Payments

Singapore sovereign fund GIC recently led a $220 million funding round for Chinese alternative lending platform Dianrong as the company looks to focus on research...

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U.K. Alt-Lender DueCourse Falls Into Administration
U.K. Alt-Lender DueCourse Falls Into Administration
August 01, 2017  |  B2B Payments

Less than a year after raising venture capital, U.K.-based alternative finance company DueCourse has reportedly gone into administration. Recent reports said DueCourse, which operates as...

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Lawmaker Queries Alt-Lenders With Concerns Over ‘Trapped’ Small Biz Borrowers
Lawmaker Queries Alt-Lenders With Concerns Over ‘Trapped’ Small Biz Borrowers
July 28, 2017  |  B2B Payments

One U.S. lawmaker has begun to inquire about SMB alternative lending practices, according to JD Supra news reports. Rep. Emanuel Cleaver II (D-Mo.) has reportedly sent letters...

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LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
July 25, 2017  |  Alternative Finances

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for...

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Indonesian FinTech Launches App For Individual SME Investors
Indonesian FinTech Launches App For Individual SME Investors
July 24, 2017  |  B2B Payments

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates...

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The Lines Are Blurring Between Alternative, Traditional SME Finance
The Lines Are Blurring Between Alternative, Traditional SME Finance
July 19, 2017  |  B2B Payments

Alternative lending has shifted from a competitor of traditional FIs to a collaborator, often lending a digital hand to banks in need of upgrading their...

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AutoGravity On Why Car Buying Can Be Friction-Free
AutoGravity On Why Car Buying Can Be Friction-Free
July 11, 2017  |  Alternative Finances

There’s nothing like that new car smell. And the fun of driving a new car off the dealer’s parking lot. But the process of getting there...

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Awareness Proving The Toughest Hurdle For Aussie Alt-Lenders
Awareness Proving The Toughest Hurdle For Aussie Alt-Lenders
June 21, 2017  |  B2B Payments

Australia’s market for small- and medium-sized enterprises (SME) is by no means easy. The nation is grappling with a late supplier payments problem and with...

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Second Thoughts: CFPB And Prepaid Card Rules
Second Thoughts: CFPB And Prepaid Card Rules
June 20, 2017  |  CFPB

Despite industry concerns — and a potential congressional challenge — the new CFPB prepaid card regulations looked full steam ahead to go into effect on...

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