PYMNTS-MonitorEdge-May-2024

borrowing

VCs Think Rate Cuts Could Help Lending FinTechs
VCs Think Rate Cuts Could Help Lending FinTechs
September 29, 2024  |  Fintech Investments

Are recent rate cuts good news for venture capitalist (VC) firms in the FinTech space? A report Sunday (Sept. 29) by TechCrunch says the answer...

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Consumer Lenders Worry as Borrowers Struggle With Bills
Consumer Lenders Worry as Borrowers Struggle With Bills
September 15, 2024  |  Consumer Finance

Americans’ struggles with their bills has reportedly been bad news for consumer lending firms. Shares in those companies fell last week following warnings from executives...

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Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
May 12, 2024  |  Economy

U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data...

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BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
February 06, 2024  |  Loans

BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input...

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Investment Banks Seek to Win Back Private Credit Loans
Investment Banks Seek to Win Back Private Credit Loans
January 22, 2024  |  Loans

Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks...

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Why Neighborly Borrowing Can Be a Brand Opportunity 
Why Neighborly Borrowing Can Be a Brand Opportunity 
November 15, 2023  |  Retail

Borrowing from your neighbor can be more than just a casual exchange of items. It can also be a gateway to discovering and experiencing new...

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Wells Fargo: Corporate Borrowers ‘Acquiescing’ to High Interest Rates
Wells Fargo: Corporate Borrowers ‘Acquiescing’ to High Interest Rates
September 17, 2023  |  Loans

Are corporate borrowers resigned to higher interest rates? Wells Fargo thinks so. In an interview with Bloomberg Television on Friday (Sept. 15), Maureen O’Connor, global head of high-grade...

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Card Issuers See Upswing in Borrowing
Card Issuers See Upswing in Borrowing
September 18, 2022  |  Credit Cards

Consumers unleashed from COVID-19 restrictions and confronting inflation-boosted prices are back to using their credit cards near pre-pandemic levels, Seeking Alpha reported Sunday (Sept. 18)....

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Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
Report: FinTech CRED to Invest in P2P Lending Platform LiquiLoans 
September 16, 2022  |  Fintech Investments

Credit card bill payment platform CRED is reportedly planning to invest $10 million in peer-to-peer (P2P) lending platform LiquiLoans. With the investment, CRED would acquire...

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