loans

Wirex Credit Intros Crypto-Backed Loans

Wirex Credit Intros Crypto-Backed Loans
Wirex Credit Intros Crypto-Backed Loans
July 05, 2022  |  Cryptocurrency

Payments platform Wirex is introducing Wirex Credit for loans backed by cryptocurrency that enable users to borrow up to $100,000 in stablecoins, with a loan to value...

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Finastra Launches BNPL Alternative Tool
Finastra Launches BNPL Alternative Tool
July 01, 2022  |  Loans

British FinTech Finastra has debuted an embedded customer lending product, a solution the company says provides access to “traditional regulated lending options” for customers at...

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Today in FinTech: GetVantage Raises $36M; Apple Allows Third-Party Payments in S Korea
Today in FinTech: GetVantage Raises $36M; Apple Allows Third-Party Payments in S Korea
June 30, 2022  |  Technology

In today’s FinTech news, GetVantage secures $36 million to grow its footprint in Southeast Asia, while Apple has to take a reduced commission in South...

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SMB Financing Firm OppZo Announces $260M Fundraise
SMB Financing Firm OppZo Announces $260M Fundraise
June 30, 2022  |  Investments

OppZo Inc., which calls itself a “mission driven financial technology company focused on unlocking access to capital for small and medium sized businesses,” announced Thursday...

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Despite Risks, Crypto-Backed Mortgages, Loans Gaining Traction
Despite Risks, Crypto-Backed Mortgages, Loans Gaining Traction
June 30, 2022  |  Cryptocurrency

There’s been talk about people buying real estate with cryptocurrency for some time, but a new report from banking giant Citi finds that crypto-backed mortgages...

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Auto Lenders Brace for Higher Interest Rates, Recession
Auto Lenders Brace for Higher Interest Rates, Recession
June 30, 2022  |  Economy

As the Federal Reserve boosts interest rates to beat inflation, all sorts of debt becomes more expensive. Much of the everyday focus may be on...

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EU Subscription Businesses Get Boost From Revenue-Based Financing
EU Subscription Businesses Get Boost From Revenue-Based Financing
June 30, 2022  |  Subscriptions

As traditional funding methods see headwinds during global macroeconomic challenges, revenue-based financing (RBF) is emerging as a convenient, viable option to bridge working capital gaps...

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LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
LendingClub CEO: Online Marketplace, APIs Create ‘Dynamic’ Loan Pricing
June 29, 2022  |  Loans

Credit markets are tightening. The Federal Reserve has been busy boosting interest rates and, amid a macroeconomic environment that could be charitably described as uncertain,...

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Interest Rate Hikes Boost Demand for On-Demand Pay
Interest Rate Hikes Boost Demand for On-Demand Pay
June 28, 2022  |  Financial Inclusion

The on-demand economy is growing, and it’s no longer limited to mobility, food and entertainment services like Uber, DoorDash and Netflix. Get the Full Story...

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