online lending

Simply put, an online loan is money that's borrowed from a lender who operates online. While the specific process for an online loan can vary from lender to lender, there are many ways in which it's the same across the board.

Source: opploans.com

FTC Fines Avant $3.85M For Customer Deception
FTC Fines Avant $3.85M For Customer Deception
April 15, 2019  |  Legal & Regulation

The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers...

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Online Lending Site Launched By PM Now Biggest In India
Online Lending Site Launched By PM Now Biggest In India
March 04, 2019  |  B2B Payments

An online loan site, launched in November by Prime Minister of India Narendra Modi, is now the largest online lending platform in the country. The...

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Online Lender SoFi Debuts Two Free ETFs
Online Lender SoFi Debuts Two Free ETFs
February 26, 2019  |  Loans

Online lender Social Finance (SoFi) is launching two free exchange-traded funds (ETFs). Citing regulatory filings, Bloomberg reported that the funds — set to waive management...

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FTC Settles With SoFi
FTC Settles With SoFi
February 25, 2019  |  Legal & Regulation

The Federal Trade Commission announced it has resolved its investigation of online lender SoFi, following a public comment period. According to an FTC press release,...

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In UK, FinTech Fundraising Gathers Steam
In UK, FinTech Fundraising Gathers Steam
February 19, 2019  |  Fintech Investments

Brexit may dominate the headlines when it comes to the United Kingdom, but FinTech funding proceeds apace, and financial backers show a continued sanguine attitude...

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Fundation Digitizes SMB Loans For Banc Of California
Fundation Digitizes SMB Loans For Banc Of California
January 24, 2019  |  B2B Payments

Alternative small business lender Fundation has struck a new partnership with another financial institution, the company revealed Wednesday (Jan. 23). In a press release, Fundation...

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Tighter Reg Shrinks China’s P2P Lending Mkt By 50 Pct In 2018
Tighter Reg Shrinks China’s P2P Lending Mkt By 50 Pct In 2018
January 02, 2019  |  Legal & Regulation

The peer-to-peer (P2P) industry in China could see the number of players decline by as much as 70 percent in 2019, reported Bloomberg. The report,...

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OnDeck Diversifies With Equipment Finance Loans
OnDeck Diversifies With Equipment Finance Loans
December 20, 2018  |  B2B Payments

OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. In a press release issued Wednesday (Dec. 19) OnDeck said...

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FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending
FinTech Firms Show Banks The ‘Art Of The Possible’ In SMB Lending
November 27, 2018  |  B2B Payments

The metaphor has been repeated countless times: Small businesses (SMBs) are the backbone of the economy. So, access to capital isn’t just essential for these...

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