loans

Equity Group Debuts $4.5B Pandemic Business Recovery Initiative

Equity Group Debuts $4.5B Pandemic Business Recovery Initiative
Equity Group Debuts $4.5B Pandemic Business Recovery Initiative
November 08, 2021  |  Cross-border Payments

Kenya-based Equity Group Holdings announced Monday (Nov. 8) the debut of a 500-billion shilling ($4.5 billion) loan effort aimed at pulling small- to medium-sized businesses...

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FinTech JUMO Raises $120M to Support Emerging Market Entrepreneurs
FinTech JUMO Raises $120M to Support Emerging Market Entrepreneurs
November 08, 2021  |  Investments

FinTech JUMO raised $120 million to help the startup further support emerging market entrepreneurs with next-generation financial services. Funding was led by Fidelity Management &...

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AI, Tech Turns Freelancer Platforms Into Online Small Business Advisers
AI, Tech Turns Freelancer Platforms Into Online Small Business Advisers
November 08, 2021  |  Gig Economy

It’s sometimes called “the ecosystem for indies;” was built to help creative freelancers book and track projects, send invoices and get paid on a single...

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Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
November 04, 2021  |  Partnerships

Automotive marketplace platform Cars.com (CARS) announced on Thursday (Nov. 4) that it has signed a definitive agreement to acquire automotive FinTech platform CreditIQ.  Get the...

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Using Payroll Technology as a Means for African Workers to Access Credit
Using Payroll Technology as a Means for African Workers to Access Credit
November 03, 2021  |  Payroll

It’s a fairly straightforward process to access consumer credit in developed regions like North America or Europe. Credit agencies, banks and financial players easily interact...

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FCA: Surge in Number of Banks Filing Financial Crime Reports
FCA: Surge in Number of Banks Filing Financial Crime Reports
November 01, 2021  |  Cybersecurity

Banks and other financial firms in the U.K. are filing more Suspicious Activity Reports (SARs) than ever before, the Financial Conduct Authority (FCA) indicated in...

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LendingClub Loan Originations Up 14% Q/Q, Marketplace Revenues Gain 15%
LendingClub Loan Originations Up 14% Q/Q, Marketplace Revenues Gain 15%
October 27, 2021  |  Earnings

In a sign that consumer appetite for loan products has been resilient even in the pandemic — and that borrowers continue to online platforms to...

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New Report: Bill Pay Pressures Find Consumers Looking to Digital Tools and Microloans
New Report: Bill Pay Pressures Find Consumers Looking to Digital Tools and Microloans
October 26, 2021  |  Digital Payments

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