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

Upstart Sees Share Highs Plummet on Missed Q2 Earnings
Upstart Sees Share Highs Plummet on Missed Q2 Earnings
August 09, 2022  |  Earnings

Artificial intelligence (AI) lending marketplace Upstart on Monday (Aug. 8) delivered lower than expected financial results for the second quarter of fiscal year 2022 that brought close...

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Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms’ Need for Loans
Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms’ Need for Loans
August 08, 2022  |  Loans

Helping to meet Latin American corporations’ need for loans and assistance with spend management, Goldman Sachs Group has lent $150 million to Clara, a Mexican...

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Trading Partners Prefer Faster Lending Decisions Delivered by In-House Credit Bureaus
Trading Partners Prefer Faster Lending Decisions Delivered by In-House Credit Bureaus
August 08, 2022  |  Buy Now Pay Later

While the buy now, pay later (BNPL) solution has exploded in recent years and continues to transform payments in the business-to-consumer (B2C) space, similar models...

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Voice of the CFO: CFOs Keep Communication Open and Oversight Tight in 2022
Voice of the CFO: CFOs Keep Communication Open and Oversight Tight in 2022
August 04, 2022  |  B2B Payments

For a leveraged finance business that must react to a lot of push and pulls in the market, awareness, preparedness and measurability are key capabilities....

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Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
August 03, 2022  |  Investments

German digital peer-to-peer lending platform Auxmoney raked in almost $508 million in investor funding that it will use to offer more consumer loans. Get the...

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US Credit Card Issuers Compete for New Business
US Credit Card Issuers Compete for New Business
July 31, 2022  |  Loans

Credit card lenders have been stepping up their marketing efforts to draw in new borrowers, showing confidence in U.S. consumers even as the economy could...

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BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO
BNPL at the Heart of the Great Consumer Credit Reset, Says Splitit CEO
July 28, 2022  |  Buy Now Pay Later

There’s been a lot of “great” micro eras packed into less than three years — the great pandemic, the great digital shift, the great reopening...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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TBI Bank Launches In-Store BNPL Solution in Greece
TBI Bank Launches In-Store BNPL Solution in Greece
July 25, 2022  |  Buy Now Pay Later

Digital lending solution and online payments solution TBI Bank announced Monday (July 25) that it has launched a buy now, pay later (BNPL) service that...

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