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

Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding

Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding
Report: Ant Seeks To Shore Up Consumer Finance Unit’s Funding
February 26, 2021  |  International

As it gets ready to fold in its micro-lending operations, Ant Group is in discussions with other backers in its new consumer finance unit to...

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FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets
FinTechs Find Lending’s ‘Atomic Data Points’ In Emerging Markets
February 26, 2021  |  Loans

In emerging markets, individuals and businesses have pivoted into the digital age because, simply put, they’ve had to. Get the Full Story Complete the form...

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Enova’s ODX, Fundation To Form SMB Lending Firm Through Merger
Enova’s ODX, Fundation To Form SMB Lending Firm Through Merger
February 25, 2021  |  B2B Payments

Enova International struck a deal to combine its ODX operation with origination solutions company Fundation. Enova will keep a minority share in the new combined...

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New PPP Round Finally Gets Around To Gig Workers And More SMBs 
New PPP Round Finally Gets Around To Gig Workers And More SMBs 
February 25, 2021  |  Loans

Another round of Paycheck Protection Program (PPP) funds is readying to hit the bank accounts of small business owners, this time slightly modified from the...

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Open Banking FinTechs Target SMB Underwriting Pains
Open Banking FinTechs Target SMB Underwriting Pains
February 23, 2021  |  B2B Payments

While traditional banks continue to collaborate with FinTechs and facilitate data integrations to strengthen their product offerings for small- to medium-sized businesses (SMBs), more FinTechs...

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OnDeck Teams With HomeAdvisor On SMB Financing
OnDeck Teams With HomeAdvisor On SMB Financing
February 22, 2021  |  B2B Payments

OnDeck, an Enova International brand, has collaborated with HomeAdvisor to help businesses and tradespeople on the HomeAdvisor platform to access financing, according to a Monday...

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China Tightens Rules For Banks On Internet Lending
China Tightens Rules For Banks On Internet Lending
February 21, 2021  |  Regulation

China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. Get the...

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Today In Payments Around The World: KreditBee Lands $75 Million In Series C Round; Lakestar’s Hommels Launches SPAC
Today In Payments Around The World: KreditBee Lands $75 Million In Series C Round; Lakestar’s...
February 18, 2021  |  International

In today’s top payments news around the world, India-based KreditBee has raised $75 million in a Series C round, while Lakestar Founder Klaus Hommels has...

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Monopolizing The SMB Customer Relationship Through Embedded Finance
Monopolizing The SMB Customer Relationship Through Embedded Finance
February 18, 2021  |  B2B Payments

Traditional financial institutions are facing new competitive pressures from sources beyond the emergence of FinTechs. The rise of neobanks and the opportunity for companies to...

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