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

Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to Tout Real-World Potential of Metaverse
Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...
September 05, 2022  |  Cryptocurrency

FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. Get the Full...

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Saying microbusiness and small- to medium-sized businesses (SMBs) in India are often overlooked by traditional financial institutions, financial services platform StrideOne and lender ZipLoan have...

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September 02, 2022  |  Investments

Mexico City-based lending platform R2 has raised $15 million in a Series A funding round. Get the Full Story Complete the form to unlock this...

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Live Oak Bank Expands SBA Lending Program
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September 02, 2022  |  B2B Payments

Live Oak Bank has announced that 10 lenders have joined its general Small Business Administration (SBA) lending team in the first half of 2022. Get...

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FTC Fines Credit Karma $3M for False Pre-Approvals
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The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were...

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August 31, 2022  |  emea

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TimePayment Closes on $375M Credit Facility for Equipment Financing
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August 31, 2022  |  Fintech Investments

Boston-based FinTech TimePayment announced the closing of a new $375 million revolving credit facility Tuesday (Aug. 30), which will strengthen its capital position and support...

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Tink Offers Lenders Real-Time Look at Loan Applicants’ Expenses
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August 31, 2022  |  Loans

Open banking platform Tink is launching a new product that gives lenders real-time access to applicants’ fixed and discretionary spending, allowing them to make faster...

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Pezesha Raises $11M to Grow Lending Platform in Sub-Saharan Africa
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Embedded finance FinTech Pezesha has raised $11 million in a pre-Series A funding round and plans to use the funds to scale operations in its...

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