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

Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers

Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
February 15, 2023  |  Personal Loans

For less than prime borrowers, personal loans are harder to come by. Get the Full Story Complete the form to unlock this article and enjoy...

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LendTech Platform Kennek Gets $4.5M in Pre-Seed Funding
LendTech Platform Kennek Gets $4.5M in Pre-Seed Funding
February 10, 2023  |  Investments

U.K.-based FinTech Kennek has raised $4.5 million in its pre-seed round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
Affirm, Lending Platforms Lead FinTech IPO Index 8% Lower 
February 09, 2023  |  IPO

The lenders and platforms led the FinTech IPO Index down in a week, which logged an 8% loss. Get the Full Story Complete the form...

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Open Lending Looks to Meet Demand for Older Cars
Open Lending Looks to Meet Demand for Older Cars
February 09, 2023  |  Loans

Open Lending is expanding its car financing program to meet a demand for older vehicles. Get the Full Story Complete the form to unlock this...

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IBM and Emkan Finance Develop Small Business Digital Lending Product
IBM and Emkan Finance Develop Small Business Digital Lending Product
February 09, 2023  |  B2B Payments

Emkan Finance and IBM have developed a digital financing product for small businesses in Saudi Arabia. Get the Full Story Complete the form to unlock...

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Alternative Data Gives Lenders Better Insight to Small Business Finances
Alternative Data Gives Lenders Better Insight to Small Business Finances
February 08, 2023  |  SMBs

These are tough times for small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Enigma and Alloy Team to Deliver Small Business Data to Banks
Enigma and Alloy Team to Deliver Small Business Data to Banks
February 07, 2023  |  Partnerships

Enigma and Alloy have partnered to help financial institutions (FIs) better understand small businesses. Get the Full Story Complete the form to unlock this article...

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EMEA FinTechs Step up to Plug Small Business Finance Gap
EMEA FinTechs Step up to Plug Small Business Finance Gap
February 07, 2023  |  SMBs

In an area once dominated by banks, EMEA FinTechs are now major SMB lenders. Get the Full Story Complete the form to unlock this article...

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CFPB Warns of Mortgage Platform ‘Double Dealing’ as Rates Climb
CFPB Warns of Mortgage Platform ‘Double Dealing’ as Rates Climb
February 07, 2023  |  CFPB

The Consumer Financial Protection Bureau is warning Americans about “double dealing” by mortgage comparison-shopping platforms. Get the Full Story Complete the form to unlock this...

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