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

TimePayment Closes on $375M Credit Facility for Equipment Financing

TimePayment Closes on $375M Credit Facility for Equipment Financing
TimePayment Closes on $375M Credit Facility for Equipment Financing
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
Tink Offers Lenders Real-Time Look at Loan Applicants’ Expenses
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
Pezesha Raises $11M to Grow Lending Platform in Sub-Saharan Africa
August 30, 2022  |  Investments

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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Indian FinTech EarlySalary Closes on $110M for Expansion
Indian FinTech EarlySalary Closes on $110M for Expansion
August 30, 2022  |  Investments

FinTech consumer lender EarlySalary raised $110 million in a Series D funding round, the largest amount the startup raised since it was founded in Pune, India in...

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Vodacom Intros New Cash Advance Product to Benefit Underbanked 
Vodacom Intros New Cash Advance Product to Benefit Underbanked 
August 30, 2022  |  Financial Inclusion

Digital and financial services solutions firm Vodacom is introducing a new cash advance product to give people who are underbanked fast access to funds. Get...

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Today in the Connected Economy: Meta Seeks Piece of Indian eCommerce Market
Today in the Connected Economy: Meta Seeks Piece of Indian eCommerce Market
August 29, 2022  |  Connected Economy

Today in the connected economy, Meta launches a partnership with Indian eCommerce firm JioMart to let shoppers buy groceries using WhatsApp. Plus, Jio parent Reliance...

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Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
Irish Startup FixxFi Launches Credit Solution for Home, Auto Repairs
August 29, 2022  |  Loans

Irish FinTech company FixxFi has launched an embedded finance solution for the auto and home repair industries, the company announced in a news release Monday...

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Highline Teams With Argyle to Drive Payroll-Linked Lending
Highline Teams With Argyle to Drive Payroll-Linked Lending
August 29, 2022  |  Loans

Payments FinTech Highline Technologies is partnering with employment data platform Argyle to bring payroll-linked lending and bill pay capabilities to lenders across the U.S. Get the Full Story Complete...

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Amazon, Flipkart Lobby Against India’s Digital Lending Rules
Amazon, Flipkart Lobby Against India’s Digital Lending Rules
August 26, 2022  |  Regulation

Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Get...

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