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

Snapdeal Adds RupeePower Into Its Financial Marketplace
Snapdeal Adds RupeePower Into Its Financial Marketplace
April 01, 2015  |  News

India’s eCommerce leader Snapdeal has entered the personal financial service industry. In an announcement made Tuesday (March 31), the firm revealed that it had acquired...

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Citi Set To Sell OneMain To Springleaf For $4B
Citi Set To Sell OneMain To Springleaf For $4B
February 23, 2015  |  Financial Inclusion

Citigroup is in the final stages of a deal to sell its OneMain consumer finance unit to subprime lender Springleaf for more than $4 billion,...

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