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

Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses

Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
Mobile-First Software Solutions Can Help African Merchants Digitize Their Businesses
June 29, 2022  |  Technology

Despite high mobile penetration across Africa, cash remains a preferred payment method for everyday transactions, with an estimated 95% of transactions in Nigeria, one of...

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Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
Dutch Payments Association GM Says ‘Positive Friction’ Will Protect BNPL Users
June 24, 2022  |  Buy Now Pay Later

For an industry that’s typically laser-focused on frictionless services, it’s rare to hear calls for any sort of friction — let alone that it’s good...

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Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers
Another Firm Cuts Withdrawals, Highlighting Crypto Lending’s Dangers
June 23, 2022  |  Cryptocurrency

Despite receiving a $500 million backstop line of credit on June 21, teetering crypto broker Voyager Digital announced today that it was cutting its daily...

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BofA Invests in Alternative Investment Platform iCapital
BofA Invests in Alternative Investment Platform iCapital
June 23, 2022  |  Investments

Alternative investing FinTech iCapital says it is planning to boost its technical capabilities following new investment from Bank of America. Get the Full Story Complete...

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FI Data Platform Curinos Debuts Small Business Lending Consortium
FI Data Platform Curinos Debuts Small Business Lending Consortium
June 22, 2022  |  Loans

Data intelligence firm Curinos rolled out a new small business lending platform Wednesday (June 22), allowing direct access for various originations metrics. Get the Full...

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Nuula, Even Financial Team Up for Business Loan Search Tool
Nuula, Even Financial Team Up for Business Loan Search Tool
June 21, 2022  |  B2B Payments

FinTech Nuula is offering a new tool to let owners of small businesses digitally compare more than 30 lenders’ offerings to find the most appropriate...

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For SMB Lenders, Tech Advances Make ‘Going Digital’ Faster, Less Risky
For SMB Lenders, Tech Advances Make ‘Going Digital’ Faster, Less Risky
June 20, 2022  |  SMBs

During the mad scramble of 2020 into 2021, “going digital” for small- to medium-sized businesses (SMBs) might have meant just bringing in a mobile point...

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Collapse of Crypto Lending Platform Celsius Points to Bigger Problems
Collapse of Crypto Lending Platform Celsius Points to Bigger Problems
June 17, 2022  |  Cryptocurrency

On June 13, a month after a stablecoin’s collapse sent the crypto market into a dive, crypto lender Celsius — known for offering investors up...

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Even High Earners Tapping Credit Lines Now to Offset Impact of Inflation
Even High Earners Tapping Credit Lines Now to Offset Impact of Inflation
June 16, 2022  |  Consumer Finance

If you were earning $250,000 per year, it seems as if you’d be insulated from the effects of inflation, but in fact, over one-third (36%)...

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