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

Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets

Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets
Alternative Auto Financing Puts Car Ownership in Reach in Emerging Markets
September 07, 2022  |  Europe

For millions of people in emerging markets like South Africa where public transport is slow, unreliable, and sometimes dysfunctional, owning a vehicle is far more...

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Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to Tout Real-World Potential of Metaverse
Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...
September 05, 2022  |  Cryptocurrency

FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. Get the Full...

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StrideOne, ZipLoan Partner on Financial Inclusivity for Indian SMBs
StrideOne, ZipLoan Partner on Financial Inclusivity for Indian SMBs
September 02, 2022  |  Partnerships

Saying microbusiness and small- to medium-sized businesses (SMBs) in India are often overlooked by traditional financial institutions, financial services platform StrideOne and lender ZipLoan have...

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R2 Raises $15M to Promote Latam Small Business Lending
R2 Raises $15M to Promote Latam Small Business Lending
September 02, 2022  |  Investments

Mexico City-based lending platform R2 has raised $15 million in a Series A funding round. Get the Full Story Complete the form to unlock this...

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Live Oak Bank Expands SBA Lending Program
Live Oak Bank Expands SBA Lending Program
September 02, 2022  |  B2B Payments

Live Oak Bank has announced that 10 lenders have joined its general Small Business Administration (SBA) lending team in the first half of 2022. Get...

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FTC Fines Credit Karma $3M for False Pre-Approvals
FTC Fines Credit Karma $3M for False Pre-Approvals
September 01, 2022  |  Legal & Regulation

The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were...

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EMEA Daily: Thunes, Alipay+ Partner on Mobile Wallet Acceptance in Europe; Santander Taps Trovata for Cash Management
EMEA Daily: Thunes, Alipay+ Partner on Mobile Wallet Acceptance in Europe; Santander Taps Trovata for...
August 31, 2022  |  Europe

In today’s news from Europe, the Middle East and Africa (EMEA), Thunes has partnered with Alipay+ to increase eWallet acceptance in Europe and Santander has...

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TimePayment Closes on $375M Credit Facility for Equipment Financing
TimePayment Closes on $375M Credit Facility for Equipment Financing
August 31, 2022  |  Fintech Investments

Boston-based FinTech TimePayment announced the closing of a new $375 million revolving credit facility Tuesday (Aug. 30), which will strengthen its capital position and support...

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