PYMNTS-MonitorEdge-May-2024

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

Big Banks Continue SME Lending Upswing
Big Banks Continue SME Lending Upswing
March 16, 2017  |  B2B Payments

Big banks in the U.S. continue to increase their lending to SMEs, according to the latest data from Biz2Credit. Announced Wednesday (March 15), the Biz2Credit...

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P2P Lender Zopa Introduces Waiting List For New Investors
P2P Lender Zopa Introduces Waiting List For New Investors
March 14, 2017  |  Payment Methods

Zopa, the peer-to-peer lender in the U.K., has created a waiting list for investors who want to get access to the online marketplace. According to...

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FICO’s New Groove
FICO’s New Groove
March 14, 2017  |  Consumer Finance

About half of all Americans who took the SAT still remember their score 25 years later. Only about 40 percent of Americans, on the other...

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Fiserv Launches Credit Sense To Enable Banks To Show Customer Credit Scores
Fiserv Launches Credit Sense To Enable Banks To Show Customer Credit Scores
March 09, 2017  |  Digital Banking

Fiserv, a provider of financial services technology solutions, announced Wednesday (Mar. 8) the launch of Credit Sense, a solution that enables financial institutions to integrate...

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Upstart, Millennial Lender, Closes $32M To License Its Tech To Third Parties
Upstart, Millennial Lender, Closes $32M To License Its Tech To Third Parties
March 03, 2017  |  Startups

In the age of various tech startups raising money at a rapid rate, a company like Upstart may just be one of the more successful...

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Proplend Gets Authorization From FCA For P2P
Proplend Gets Authorization From FCA For P2P
March 03, 2017  |  Payment Methods

Proplend, the P2P lender, announced Thursday (March 2) that it has been granted full authorization from the Financial Conduct Authority (FCA) for peer-to-peer lending, paving...

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LendUp Closes $100M Credit Facility From Victory Park Capital
LendUp Closes $100M Credit Facility From Victory Park Capital
March 03, 2017  |  Payment Methods

LendUp, a socially responsible lender for the emerging middle class, announced Thursday (March 2) that it has closed another $100 million credit facility with investment...

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Credit Peers Revolutionizes Property Investment In The UK
Credit Peers Revolutionizes Property Investment In The UK
February 07, 2017  |  International

Large property transactions were once a business only open to major institutions and banks. But with the launch of Credit Peers, a peer-to-business property platform,...

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Zopa Hits Lending Milestone And Gives Insight Into Borrowers
Zopa Hits Lending Milestone And Gives Insight Into Borrowers
February 01, 2017  |  Consumer Finance

Zopa, the U.K.’s oldest marketplace lender, announced on Monday (Jan. 30) that it has become the first peer-to-peer lending platform to reach a $2.5 billion origination...

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