Tag: Lending
Assetz Capital celebrates its 4th birthday with £240m lent to date...
In the past four years, more than £240m worth of loans have been issued through the platform, with investors receiving total gross interest of more than £20m. Read more: www.fintechroundup.com
Turkey’s plan to spur lending is paying off
Turkey’s efforts to spur lending are working. The timing couldn’t be better for President Recep Tayyip Erdogan and the government’s efforts to reignite economic growth before a referendum this weekend. Read more: www.bloomberg.com
Kathryn Petralia: power lending, predictions & progress
Co-Founder and Head of Operations Kathryn Petralia has worked for over twenty years with large and small companies focused on credit, payments, and commerce. Read more: crowdfundinsider.com
Vyze’s grip narrows gap between retailers and lenders
Credit is the lifeblood of many an economy and consumer, and it is also crucial for retailers. Read more: www.pymnts.com
New loan origination system for Mobilink Microfinance Bank
Pakistan-based Mobilink Microfinance Bank is implementing a new loan origination system, supplied by Path Solutions. Read more: www.bankingtech.com
Top 3 P2P property lending platforms named
Matthew Howard released his very own assessment on the top three property P2P lending platforms are in the UK. Read more: www.crowdfundinsider.com
3 reasons FinTech is thriving
FinTech is thriving because it greatly expanded access to capital to small business owners, including women, minorities and immigrants, who were under-served. Read more: www.forbes.com
India’s FinTech startups target subprime customers
There’s stress on Indian public sector banks due to mounting bad debt, and that has resulted in cautious lending. Read more: www.techinasia.com
Online lending startups gain more favor from investors
FinTech startups such as Prosper, Branch and LoanNow are rapidly advancing in the personal loan spac as young adults are opting for online services over traditional services like credit cards. Read more: www.bizjournals.com
Subprime lender Elevate lands $545m in credit from Victory Park
Subprime online lender Elevate has increased its credit facility with Victory Park Capital (VPC) by $100m to a total of $545m.