loans

Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing
Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing
March 04, 2020  |  Economy

This week has seen the twin impacts of panic and policy. Panic tied to the coronavirus, of course, and policy via the Fed, specifically, monetary...

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Personal Loan Apps Banking On Features
Personal Loan Apps Banking On Features
March 03, 2020  |  Loans

Unsecured lending is the theme of this week’s PYMNTS Provider Ranking of Personal Loan Apps, which looks at this fascinating space with fresh eyes to...

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Senior Debt Has Spiked 543 Pct Over The Last Two Decades
Senior Debt Has Spiked 543 Pct Over The Last Two Decades
February 27, 2020  |  Debt

Stories about Americans’ increasing debt load have become something of a recurring theme in financial reporting. About two weeks ago, U.S. credit card debt hit an all-time...

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Square Cash App Users Grow 60 Pct YOY
Square Cash App Users Grow 60 Pct YOY
February 27, 2020  |  Earnings

Square has posted Q4 earnings results, showing continued evolution from the firm’s roots 11 years ago as a point-of-sale payments processor with on-site card readers toward...

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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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Funding Societies Adds Financing To SGeBIZ Procurement Platform
Funding Societies Adds Financing To SGeBIZ Procurement Platform
February 26, 2020  |  B2B Payments

Singaporean peer-to-peer (P2P) platform Funding Societies will partner with Singapore eBusiness (SGeBIZ) for a new way to provide financing solutions to customers, reports said. SGeBIZ...

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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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Fates Of Millions Of Chinese SMBs Await Banks’ Actions On Virus
Fates Of Millions Of Chinese SMBs Await Banks’ Actions On Virus
February 23, 2020  |  International

Millions of Chinese businesses face turmoil and strife in the wake of the coronavirus outbreak and are looking to the banks for lifelines and loans. A...

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Patreon Debuts Cash Advances For Users
Patreon Debuts Cash Advances For Users
February 18, 2020  |  Loans

Patreon, known for its platform for content creators to earn money from fans, will be entering the micro-loan business, according to reports. The platform will allow...

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