Home / Tag Archives: Online Lending

Tag Archives: Online Lending

Video: are bigtechs a threat to financial services?

In this excerpt from a panel on mass automation, three CEOs discuss the impact of digital companies’ actions on the financial industry and what it means for traditional players. APMs for B2B payments: an increasing market Infographic: how RegTech savvy are you? Uniteller and Optima Bank launch online payment service

Read More »

Is Big Tech the Future of Banking?

With a lower-than-ever-before barrier to entry, bigtechs are starting to see the financial sector as a highly-profitable way to expand their businesses and give consumers even more. In fact, there is evidence that bigtech Amazon is even considering offering a checking account service to consumers. This should be setting off …

Read More »

FinTech bridging USD 2 trillion small business funding gap

Financing for small businesses is lacking throughout the world, even when ample funding is available and ready to be used. To close this USD 2 trillion funding gap, FinTech disruptors have set themselves up to play a key role by stepping in where traditional financial institutions and other investors won’t. …

Read More »

Top B2B FinTech Companies

B2B FinTech companies don’t often get the recognition of their B2C cousins; however, they play a key role in the future of financial services and deserve some acknowledgment. That being said, our friends over at Tearsheet have created a list of the top B2B FinTech companies, broken down into 9 …

Read More »

The state of small business lending in Russia

Russia has seen a boom in the number of smaller businesses in the last few years. Unfortunately for them, traditional lenders are, by and large, still focused on providing services to medium- and large-sized businesses. While some smaller businesses are able to find financing through traditional lenders thanks to special …

Read More »

Video: how FinTech can push small businesses to the next level

Karen Mills, former director at Small Business Administration, discusses the influence of smaller financial technology companies on big banks in this insightful video. GreenSky bucks traditional FinTech ideas about IPOs Infographic: digital banking customers IoT-powered transformation in the financial sector

Read More »

GreenSky bucks traditional FinTech ideas about IPOs

GreenSky, a FinTech company from Atlanta that provides loans for home repair projects, has announced its plan to go public with an IPO of USD 5 billion in total capitalization valuation. The move flies in the face of conventional Silicon Valley thinking that holds that the longer a company can …

Read More »

LendingClub’s fall from rock star status

Not long ago, LendingClub was the brightest star in the rapidly-growing world of online lending. With shares having dropped two thirds in two months, the company now has investors nervous. LendingClub’s fall began following the announcement of a government investigation, an investigation LendingClub has announced it is “fully-cooperating” with. The …

Read More »

China’s peer-to-peer lending crash

Last summer, more than 400 peer-to-peer (P2P) lending platforms in China collapsed, costing thousands of Chinese millions in lost investments. The reason for their collapse is due to the lack of regulation governing them and that many of them are actually a fraud, essentially online Ponzi schemes. Amazingly, there are …

Read More »

Reduced online lending in Kazakhstan thanks to tightened rules

The National Bank of Kazakhstan introduced several changes last year that have affected online lending. Specifically, the Bank limited the annual effective rate to 100% and also reduced the total amount of repayment to a maximum of 100% of principal. In other words, a maximum of KZT 40,000 can be …

Read More »

FinTech development can bloom in absence of oversight

The lack of regulations governing many areas of FinTech in Russia is providing many great opportunities for FinTech startups to test innovative new solutions that might be difficult to test elsewhere, particularly in the more-regulated West. This is especially true in three areas: peer-to-peer (P2P) lending, collective investments and cryptocurrency. …

Read More »

Experts predict Kazakhstan’s 2019 FinTech trends

In 2018, Kazakhstani financial institutions began working more closely with FinTech companies and purchasing a large number of FinTech products, giving more and more consumers in the country access to modern financial solutions like e-Wallets. In 2019, financial institutions in Kazakhstan are expected to continue their interest in FinTech solutions; …

Read More »

Infographic: 10 FinTech trends to watch in 2019

Global investments in FinTech have more than tripled since 2014, amounting to over USD 12 billion. Given this incredible growth, here’s a look at 10 key FinTech trends to keep an eye on in 2019.  Infographic: the impact of investing in HR Digital customer service Does the Beyond Banking model …

Read More »

Video: 4 predictions for FinTech in 2019

FinTech has become increasingly influential in markets around the world. Here are four predictions for how FinTech will continue to impact our lives in 2019. Infographic: how APIs make or break success in digital world 62 Insane Facts about Bitcoin Bank Home Credit continues developing digital solutions in Kazakhstan

Read More »

FinTech highlights the good and bad of lending in China

The use of FinTech in China is highlighting both the good and the bad of lending in the world’s second-largest economy. On the good side, FinTech is being used in China to propel online consumption and fuel the overall economy’s growth. It has also expanded financial inclusion in the country, …

Read More »

How FinTech is helping the unbanked and underbanked

For many around the world (especially those in rural areas), access to financial services represents a major problem; however, FinTech is bridging that gap and helping more and more consumers access them. Here a few ways FinTech is helping the unbanked and underbanked access financial services in 2018: Online lending …

Read More »

Blockchain technology can rewrite the mortgage process in Russia

The Russian economy is moving into a new period of low interest rates, with mortgage rates dropping below 10% and expected to reach below 8% by 2024. Such low interest rates coupled with increasing customer expectations from financial service providers have meant that financial institutions need to increase the ease …

Read More »

FinTech is making financing more accessible

Investments in underfunded space, especially for SME lending, are important for increasing financial inclusion. And managing director of Creditease’s FinTech Value Chain Fund, Anju Patwardhan, understands this. For that reason, she is interested in funding companies that are using tech to bring financing to an increasing number of people. Here …

Read More »

Will P2P lending take over the lending market?

Over the past four years, the peer-to-peer (P2P) lending market has grown by more than 1,000%, reaching USD 119 billion. Moreover, it could reach has high as USD 1 trillion by 2025. But what does this mean for lending at traditional financial institutions? Traditional financial institutions, unlike P2P platforms, accumulate …

Read More »
  • Categories

  • Main topics