Earlier this month, marketplace lending site Biz2Credit released the findings of its most recent small business lending index. The data revealed that SME loan approval...
Foreign financiers that fall outside the traditional banking system are pushing the growth of nonbank lending in India. According to the Wall Street Journal, the...
In many ways, alternative lenders and traditional banks need each other. Borrowers may want the innovation, technology and speed of an alternative lending platform but...
Traditional banks are beginning to embrace their alternative lending competitors as a way to reach more borrowers and get a jumpstart on the technology and...
India-based SME lender Lendingkart is considering a new revenue stream that would involve working with rival lenders. Reports Friday (Dec. 16) said Lendingkart will offer...
Analysts are no longer confident that alternative players will disrupt the SME lending space as once thought. Still, others remain sure the sector is doing...
Venture capital levels are a telling sign of the health of an industry. This year, headlines have been awash with concerns and skepticism of the...
Bizfi is adding broader business line of credit offerings thanks to a new collaboration. The company announced Wednesday (Dec. 14) that it has partnered with...
Alternative lender BlueVine has announced a major venture capital funding round to the tune of $49 million. Reports today (Dec. 14) said BlueVine secured the...