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

Grab: How Alt Data Is Closing Southeast Asia’s $175B SMB Credit Gap
Grab: How Alt Data Is Closing Southeast Asia’s $175B SMB Credit Gap
February 27, 2020  |  SMBs

It’s no accident that technology companies that have historically not operated in the financial services space are expanding into the small business lending arena. With...

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Metro Bank Moves Away From Mortgages After Reporting Error
Metro Bank Moves Away From Mortgages After Reporting Error
February 26, 2020  |  Banking

After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back...

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BharatPe Lands $75M To Boost Indian SMB Loans
BharatPe Lands $75M To Boost Indian SMB Loans
February 24, 2020  |  B2B Payments

Indian startup BharatPe has raised $75 million in a Series C funding round to help small businesses in India accept digital payments and provide them...

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals
LendingClub and Morgan Stanley, A Tale of Two Bank Deals
February 24, 2020  |  Partnerships / Acquisitions

Two deals this past week shone a spotlight on the lure of financial services — done digitally — and the “build vs. buy” debate, settled...

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PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending
PayPal Eyes ‘Major Opportunity’ Of Aussie SMB Lending
February 24, 2020  |  B2B Payments

Payment company PayPal is looking at small business credit as a new field of opportunity. The company is championing a national digital framework in Australia...

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China’s Lenders Cut Prime Rate To Boost Sick Economy
China’s Lenders Cut Prime Rate To Boost Sick Economy
February 20, 2020  |  International

Chinese lenders have cut their prime lending rate to try and prop up their country’s economy, which has been ravaged by the coronavirus, according to the Financial...

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China Uses Monetary Policy To Cure China’s Economic, Viral Ills
China Uses Monetary Policy To Cure China’s Economic, Viral Ills
February 18, 2020  |  International

Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? China may be about to find out. In a series of...

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CIT Group Unveils New Version Of B2B POS Lending Platform
CIT Group Unveils New Version Of B2B POS Lending Platform
February 14, 2020  |  B2B Payments

CIT Group Inc. has debuted a new version of its B2B point-of-sale (POS) lending platform to help enable real-time lending for business purchases, the company...

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ChargeAfter, Visa Partner To Expand POS Financing Options
ChargeAfter, Visa Partner To Expand POS Financing Options
February 12, 2020  |  Partnerships / Acquisitions

Visa has made a strategic investment in the point-of-sale (POS) financing technology platform ChargeAfter to support its partnership to bring more financing options to checkout,...

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