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

Community Loans Plug Funding Hole for Africa’s Mobile Money Agents

Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
Community Loans Plug Funding Hole for Africa’s Mobile Money Agents
July 11, 2022  |  Financial Inclusion

Whether it’s offering bill payments, airtime recharge, funds transfer or remittance services to customers, mobile money agents play a pivotal role in providing access to...

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B2B Marketplace TradeIndia Launches Loan Service for MSMEs
B2B Marketplace TradeIndia Launches Loan Service for MSMEs
July 10, 2022  |  B2B Payments

New Delhi-based B2B marketplace TradeIndia has rolled out TradeIndia Lending (TI Lending), a new loan service for micro-, small- and medium-sized enterprises (MSMEs), according to...

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Today in the Connected Economy: Volkswagen, Comdata Launch Fleet Management Card
Today in the Connected Economy: Volkswagen, Comdata Launch Fleet Management Card
July 08, 2022  |  Connected Economy

Today in the connected economy, Volkswagen partners with payment processor and fleet fuel card issuer Comdata to improve fleet management operations. Plus, digital, on-demand, convenience...

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Today in FinTech: Banking Circle to Add USDC; Tillable Expands Farm Loans
Today in FinTech: Banking Circle to Add USDC; Tillable Expands Farm Loans
July 08, 2022  |  Technology

In today’s FinTech news, Banking Circle is adopting USD Coin (USDC), while farming loan platform Tillable is growing its lending program. Plus, decentralized finance (DeFi)...

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Crypto Fundamentals: How Do Exchanges Make Money?
Crypto Fundamentals: How Do Exchanges Make Money?
July 07, 2022  |  Cryptocurrency

Welcome to the first in PYMNTS’ series on the fundamentals of the crypto industry. In it, we’ll be looking at how the market works and...

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Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
Crypto Lender Vauld Suspends Withdrawals as Customers Yanked $200M
July 04, 2022  |  Cryptocurrency

Crypto lender Vauld, which is backed by both Coinbase and investor Peter Thiel, has suspended withdrawals, citing the crisis on the digital asset market, the...

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Finastra Launches BNPL Alternative Tool
Finastra Launches BNPL Alternative Tool
July 01, 2022  |  Loans

British FinTech Finastra has debuted an embedded customer lending product, a solution the company says provides access to “traditional regulated lending options” for customers at...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
June 29, 2022  |  Loans

Credit markets are tightening. The Federal Reserve has been busy boosting interest rates and, amid a macroeconomic environment that could be charitably described as uncertain,...

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