Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion

Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. Get the Full Story Complete the form to unlock this article and...

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As Banks Tighten Lending, Are Private and Alternative Credit Channels Gaining Ground?
As Banks Tighten Lending, Are Private and Alternative Credit Channels Gaining Ground?
February 05, 2024  |  Loans

The banks continue to tighten, the traditional channels are tougher to navigate in the commercial lending space. Get the Full Story Complete the form to...

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Banks Report Tighter Standards, Lower Demand for Lending in Q4
Banks Report Tighter Standards, Lower Demand for Lending in Q4
February 05, 2024  |  Banking

Banks tightened their standards on loans to both businesses and households in the fourth quarter. Get the Full Story Complete the form to unlock this...

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Upstart to Expand Vehicle Financing to Another 13 States
Upstart to Expand Vehicle Financing to Another 13 States
January 31, 2024  |  Loans

Upstart plans to expand its auto retail financing capability to another 13 states during the first quarter. Get the Full Story Complete the form to...

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CSG Forte and Lendica Launch Embedded Lending for Software Vendors
CSG Forte and Lendica Launch Embedded Lending for Software Vendors
January 30, 2024  |  Loans

CSG Forte and Lendica have formed a strategic partnership to allow small and medium-sized businesses (SMBs) to borrow money directly from their software vendors instead...

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Private-Label Card Pressures May Signal Spending Pullback
Private-Label Card Pressures May Signal Spending Pullback
January 30, 2024  |  Consumer Insights

Where there’s smoke, there’s fire, goes the old aphorism. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Software Developer Platforms Put Lending Products at Top of Innovation Lists
Software Developer Platforms Put Lending Products at Top of Innovation Lists
January 26, 2024  |  Loans

The software publishing industry is starting to use digital wallets as a standard for processing transactions and lending products to facilitate payments. Get the Full...

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