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

With BTC-Backed Loan, Goldman Sachs Signals TradFi’s Designs on DeFi’s Bread and Butter

With BTC-Backed Loan, Goldman Sachs Signals TradFi’s Designs on DeFi’s Bread and Butter
With BTC-Backed Loan, Goldman Sachs Signals TradFi’s Designs on DeFi’s Bread and Butter
April 29, 2022  |  Cryptocurrency

Banking and investment giant Goldman Sachs has issued its first cash loan secured by cryptocurrency, signaling the entry of a traditional financial institution into a...

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Square Loans Simplifies Funds Access for Canadian Business Owners
Square Loans Simplifies Funds Access for Canadian Business Owners
April 28, 2022  |  Loans

Square has launched Square Loans in Canada, giving small businesses streamlined access to funds by creating customized offers to eligible sellers and giving them a...

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Grab Financial Lending Boss Leaving for Indonesian Startup
Grab Financial Lending Boss Leaving for Indonesian Startup
April 28, 2022  |  Personnel

The head of lending at Singapore’s Grab Financial will leave the company for Indonesian startup BukuWarung. Get the Full Story Complete the form to unlock...

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FinTech Lenders Follow Banks Into Uncertain Economic Climate
FinTech Lenders Follow Banks Into Uncertain Economic Climate
April 20, 2022  |  Market Conditions

With a slew of earnings reports in the rearview mirror, and on the horizon, whether from big banks, the payment networks or the digital upstarts,...

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Alchemy Introduces Automated Lending Platform for Medical Financing
Alchemy Introduces Automated Lending Platform for Medical Financing
April 14, 2022  |  Healthcare Financing

Payments portal Alchemy has launched a payments system for patients looking for care now, pay later services that allow them to break their cosmetic and...

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Wells Fargo Posts Declines in Revenue, Home Lending
Wells Fargo Posts Declines in Revenue, Home Lending
April 14, 2022  |  Earnings

Wells Fargo released its first-quarter earnings report Thursday (April 14), showing a decline in revenue — a 20% drop in profit from last year —...

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Finastra, Microsoft Form BaaS Partnership for Small Business Lending
Finastra, Microsoft Form BaaS Partnership for Small Business Lending
April 12, 2022  |  Partnerships

London-based FinTech Finastra has launched a Banking-as-a-Service (BaaS) collaboration with Microsoft, according to a Tuesday (April 12) press release. Get the Full Story Complete the...

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Today in B2B Payments: KredX, ICICI Bank to Debut Commercial Card; Axis Bank, ADB Start Supply Chain Financing Project
Today in B2B Payments: KredX, ICICI Bank to Debut Commercial Card; Axis Bank, ADB Start...
April 08, 2022  |  B2B Payments

In today’s B2B payments news, KredX and ICICI Bank partner to launch a cash back commercial card. Plus, Axis Bank and ADB work on a...

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Acorn Finance, Landscape Management Network Team to Fund Home Improvements
Acorn Finance, Landscape Management Network Team to Fund Home Improvements
April 08, 2022  |  Partnerships

Landscape Management Network (LMN) and home improvement lender Acorn Finance have joined forces to launch a new funding tool for landscape contractors and their customers,...

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