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

Lendflow Launches Credit Decisioning Engine for Embedded Lending Products

Lendflow Launches Credit Decisioning Engine for Embedded Lending Products
Lendflow Launches Credit Decisioning Engine for Embedded Lending Products
May 24, 2022  |  API

Lendflow, which offers embedded lending, has rolled out an application programming interface (API) for companies to build, embed and launch credit products, a press release...

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Nova Credit Teams with Alloy on Inclusive Business Lending
Nova Credit Teams with Alloy on Inclusive Business Lending
May 24, 2022  |  Partnerships

San Francisco-based FinTech Nova Credit partnered with identity decisioning platform Alloy to help lenders become more inclusive and serve more consumers across the credit spectrum...

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PBOC to Banks: Step Up Loan, Mortgage Approvals  
PBOC to Banks: Step Up Loan, Mortgage Approvals  
May 24, 2022  |  International

Regulators are telling banks in China to step up loan approvals and keep the flow of mortgages going as the world’s second-largest economy remains on...

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FinTech Grab Financial Debuts Payments, Insurance and Lending App
FinTech Grab Financial Debuts Payments, Insurance and Lending App
May 23, 2022  |  Payment Methods

Southeast Asian FinTech Grab Financial has rolled out plans for a new brand for digital payments, insurance, lending and wealth management, called GrabFin, according to...

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Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
Today in FinTech: Airtel Africa’s SmartCash Launches; OPay, Mastercard Team for Financial Inclusion
May 19, 2022  |  Technology

In today’s FinTech news, SmartCash Payment Service Bank, a unit of Airtel Africa, brings digital financial services to Nigeria, while OPay and Mastercard partner to...

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FTC to Issue $152M in Checks to Additional Victims of AMG Services
FTC to Issue $152M in Checks to Additional Victims of AMG Services
May 19, 2022  |  Security & Fraud

The Federal Trade Commission announced Thursday (May 19) that it will mail 690,000 checks, amounting to over $152 million, to customers who were defrauded by...

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Lender Upstart Will Move Excess Loans From Balance Sheet
Lender Upstart Will Move Excess Loans From Balance Sheet
May 19, 2022  |  Personal Loans

FinTech lender Upstart said it will not keep loans on its balance sheet that financial institutions have no interest in purchasing. Get the Full Story...

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Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
Deutsche Bank Backs MarketFinance’s Efforts to Lend $125M to UK SMBs
May 19, 2022  |  SMBs

London-based FinTech MarketFinance has raised debt from Deutsche Bank that will allow the company to fund part of a 100 million British pound (about $125...

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Personal Loan App Provider Ranking Delivers a Consistent User Experience
Personal Loan App Provider Ranking Delivers a Consistent User Experience
May 18, 2022  |  Mobile Applications

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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