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

New Financing Options Help Patients, Practices Manage Rising Healthcare Costs

New Financing Options Help Patients, Practices Manage Rising Healthcare Costs
New Financing Options Help Patients, Practices Manage Rising Healthcare Costs
February 09, 2022  |  Healthcare

Consumers across demographic groups are feeling the sting of high out-of-pocket medical costs, often delaying or foregoing necessary treatment because they can’t afford it. Get...

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Lending Platform Happy Money Valued at $1.1B
Lending Platform Happy Money Valued at $1.1B
February 08, 2022  |  Investments

Lending platform Happy Money has a new reason to be happy, after a recent funding round raised the company’s valuation to $1.1 billion. Get the...

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Factoring Grows Up as Truckers Pair Modern Financial Products With Faster Payments
Factoring Grows Up as Truckers Pair Modern Financial Products With Faster Payments
February 08, 2022  |  B2B Payments

When BasicBlock CEO and Co-Founder Taylor Monks has a question related to software the company develops for trucking companies, he drives to a truck stop....

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Expensify Lands $100M Credit Facility From CIBC Innovation Banking
Expensify Lands $100M Credit Facility From CIBC Innovation Banking
February 07, 2022  |  Investments

CIBC Innovation Banking has provided $100 million as a credit facility to Expensify, a payments super app helping people manage money, the companies announced Monday...

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Rent-a-Bank Model May Be Living on Borrowed Time
Rent-a-Bank Model May Be Living on Borrowed Time
February 07, 2022  |  Banking

As FinTechs gain ground within financial services, as banks partner with these digital-first upstarts to broaden their offerings, several business practices are coming under scrutiny...

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Platforms Force Banks to Rethink Their BNPL Value for Small Merchants
Platforms Force Banks to Rethink Their BNPL Value for Small Merchants
February 07, 2022  |  Digital-First Banking

With new entrants to the business lending environment adding competition — and then pressured by a two-year cash crunch coupled with new forms of lending...

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Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
Advocacy Groups Call on Regulators to Ban High-Interest Rate FinTech Loans
February 06, 2022  |  Banking

A coalition of advocacy groups wants U.S. regulators to look more into banks partnering with FinTechs to charge predatory interest rates that would be otherwise...

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Today in FinTech: Mos Targets Gen Z for Finance Assist; Tipalti Handles Unified eSports Payouts
Today in FinTech: Mos Targets Gen Z for Finance Assist; Tipalti Handles Unified eSports Payouts
February 06, 2022  |  Financial Inclusion

In today’s FinTech news, Gen Z banking, eSports payments and decentralized finance (DeFi) loans grab headlines, while a former Google executive heads to Brazilian payments...

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Mexican FinTech Uses DeFi to Provide Collateral-Free Loans to Small Businesses
Mexican FinTech Uses DeFi to Provide Collateral-Free Loans to Small Businesses
February 04, 2022  |  Loans

A Mexican lender is taking DeFi borrowing beyond crypto and into the broader financial market, extending $40 million in credit lines to small business customers....

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