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

Asset Manager White Oak Buys Trade Finance Firm Finacity

Asset Manager White Oak Buys Trade Finance Firm Finacity
Asset Manager White Oak Buys Trade Finance Firm Finacity
September 20, 2021  |  B2B Payments

Alternative asset manager White Oak has acquired Finacity, which works in trade finance and working capital solutions for global companies, according to a press release....

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Open Finance Platform mmob Adds iwoca to Its Network
Open Finance Platform mmob Adds iwoca to Its Network
September 20, 2021  |  B2B Payments

The open finance partnership platform mmob has added small- to medium-sized business (SMB) lender iwoca to its network of digital finance providers, Financial IT reported....

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Coinbase Kills Lend Product Amid SEC Ire
Coinbase Kills Lend Product Amid SEC Ire
September 20, 2021  |  Cryptocurrency

Following lawsuit threats by the Security and Exchange Commission (SEC), Coinbase is killing its proposed loan product Coinbase Lend and its associated waitlist. Get the...

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Personal Loan App Ranking Changes, Yet Stays the Same, in a Ranking Riddle
Personal Loan App Ranking Changes, Yet Stays the Same, in a Ranking Riddle
September 17, 2021  |  Mobile Applications

Personal loans are taking many forms these days and using apps to obtain them is our favorite. Get the Full Story Complete the form to...

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Goldman’s BNPL Play Strengthens Consumer Financing, Targets Merchant Growth
Goldman’s BNPL Play Strengthens Consumer Financing, Targets Merchant Growth
September 15, 2021  |  Partnerships / Acquisitions

Through the last few years, through the pandemic, especially, Wall Street behemoth Goldman Sachs has been ramping up its consumer banking efforts. Get the Full...

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Buyer ‘Anchors’ Are ‘The New Oil’ For SMB Supply Chain Financing In India
Buyer ‘Anchors’ Are ‘The New Oil’ For SMB Supply Chain Financing In India
September 15, 2021  |  B2B Payments

Indian capital financing startup CredAble has hit upon the very credible idea of underwriting loans for small and medium-sized supply chain vendors. It’s doing so...

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As Ant Reconfigures Loan Business, China’s SMBs Could See Credit Headwinds 
As Ant Reconfigures Loan Business, China’s SMBs Could See Credit Headwinds 
September 13, 2021  |  B2B Payments

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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LendingClub LCX Platform Allows Investors Access to Loans
LendingClub LCX Platform Allows Investors Access to Loans
September 10, 2021  |  Loans

LendingClub says it is expanding access to personal loans by extending the capabilities of its LCX electronic trading platform to include LCX Link. Get the Full...

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Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
Consumer Lender Koyo Raises $50M to Help ‘Near-Prime’ UK Borrowers
September 10, 2021  |  Investments

Open banking-powered lender Koyo has raised $50m (£36.1m) in a Series A funding round to support its growth plans, Peer2Peer Finance News reported on Thursday...

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