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

Tech-Focused Architect Capital To Provide Asset-Based Financing

Tech-Focused Architect Capital To Provide Asset-Based Financing
Tech-Focused Architect Capital To Provide Asset-Based Financing
June 06, 2021  |  B2B Payments

A new San Francisco-area asset-based lender called Architect Capital has launched with more than $100 million to lend to mostly technology companies in the U.S....

READ MORE >
OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
OppFi On Using Behavioral Analytics To Gauge Customers’ Creditworthiness And Prevent Fraud
June 04, 2021  |  Authentication

Traditional loan metrics often leave out individuals with low credit scores who are otherwise financially sound, but behavioral analytics can give lenders a better idea...

READ MORE >
NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
NEW REPORT: Five Ways U.S. Banks Can Tap AI To Manage Credit Risk
June 03, 2021  |  Artificial Intelligence

Artificial intelligence (AI) has long since moved from the realm of science fiction to reality, with reports of new applications from transportation to cybersecurity seemingly...

READ MORE >
Funding Circle, Atom Partner On Lending For UK SMBs
Funding Circle, Atom Partner On Lending For UK SMBs
May 31, 2021  |  B2B Payments

U.K. small business loan platform Funding Circle will work with U.K.-based mobile bank Atom, on a 300-million-pound (about $426 million) lending partnership, according to a...

READ MORE >
Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
May 28, 2021  |  Investments

Motor vehicle refinance FinTech MotoRefi raised $45 million in a Series B funding round led by Goldman Sachs Asset Management, the company said in a...

READ MORE >
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
House Committee Asks Kabbage, BlueVine For Pandemic Loan Security, Revenue Data
May 28, 2021  |  Security & Fraud

U.S. lawmakers have opened an investigation into FinTechs Kabbage and BlueVine, along with their partner banks, for their role in the distribution of billions of...

READ MORE >
$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
$5 Billion In Loans Makes Goldman One Of SoftBank’s Biggest Lenders
May 27, 2021  |  Loans

Goldman Sachs has loaned more than $5 billion to SoftBank, making the New York investment bank one of the biggest lenders to the Japanese conglomerate....

READ MORE >
Experts: Alternative Data Sources Could Help Consumers Build Credit
Experts: Alternative Data Sources Could Help Consumers Build Credit
May 26, 2021  |  Loans

The current risk-based pricing model for lending has allowed more consumers to qualify for credit, while alternative data sources could help consumers without traditional credit...

READ MORE >
What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
What The SMB Loan ‘Lunchtime Rush’ Signals For Bankers
May 26, 2021  |  B2B Payments

Financial institutions (FIs) have historically viewed small businesses as a less profitable part of their own business, not necessarily worth troves of time, investment and...

READ MORE >