loans

Goldman, UK’s Lendable Strike £200M Deal
Goldman, UK’s Lendable Strike £200M Deal
July 15, 2019  |  Loans

Goldman Sachs and personal loan startup Lendable from the U.K. have reached a £200m deal, in a sign of Goldman’s confidence in the startup, according...

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Samsung Pay Offers Payments, Credit To Indian Marketplaces
Samsung Pay Offers Payments, Credit To Indian Marketplaces
July 14, 2019  |  Partnerships / Acquisitions

Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans...

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SoftBank Leads Funding For Brazilian Lender Creditas
SoftBank Leads Funding For Brazilian Lender Creditas
July 10, 2019  |  Investments

Japanese company SoftBank is leading a $231 million funding round for a Brazilian lending startup called Creditas, in a bid to shake up competition in...

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TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019  |  B2B Payments

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks....

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India’s Struggling Alt Lending Sector A Risk To Economy
India’s Struggling Alt Lending Sector A Risk To Economy
July 05, 2019  |  Economy

The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by...

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Funding Circle Delays Canada Launch In Gloomy Forecast
Funding Circle Delays Canada Launch In Gloomy Forecast
July 05, 2019  |  B2B Payments

Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters said this week,...

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iwoca Integrates With Funding Options, Funding Xchange
iwoca Integrates With Funding Options, Funding Xchange
July 04, 2019  |  Loans

U.K.-based iwoca is integrating its lending platform with marketplace lenders Funding Options and Funding Xchange to accelerate and further automate access to capital for small...

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Fundation Pulls Community Bank Into FinTech Collaboration
Fundation Pulls Community Bank Into FinTech Collaboration
July 03, 2019  |  B2B Payments

Large financial institutions (FIs) are increasingly turning to FinTech firms and alternative lenders to augment their small business (SMB) offerings, but community banks are beginning...

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Aussie Banks Push Back Against Plan For Deeper Credit Checks
Aussie Banks Push Back Against Plan For Deeper Credit Checks
July 01, 2019  |  Banking

In response to plans by regulators to require banks to conduct more detailed credit checks in lieu of depending upon indices, banks in Australia are...

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