Tag Archives: Online Lending

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 …

There is a large unbanked population in Africa that does not use formal banks or semiformal microfinance institutions. This has provided an opportunity for MyBucks to step in and fill …

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, …

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 …

There are three main banking services people routinely use: payments for products/services (i.e. transfers from one account to another), lending (i.e. borrowing funds from a bank for a specific purpose …

The United Kingdom (UK)’s Financial Conduct Authority (FCA) has unveiled some new proposed measures following a post-implementation review of its crowdfunding rules. The FCA says it has observed “some poor …

What Uber has done for the transportation sector, FinTech companies are now starting to do for the financial sector in India. The increasing digitization of data in the country has …

The functionality of Bank Home Credit’s ‘Credit Assistant’ mobile app has been integrated into their new mobile app, known as ‘Home Credit Bank of Kazakhstan’. This new app, which has …

The marketplace lending industry, which is less peer-to-peer these days and relies more on packaging and selling bonds to fund its business, seems to be taking a page from recent …

With alternative lending becoming increasingly popular, especially among those who find it more difficult to obtain loans from traditional financial institutions, it is worth examining the pros and cons of …

Digital lending choices for both consumers and small businesses have grown rapidly, and the online lending sector is now entering a phase of maturity. There is increasing competition; regulators are …

P2P stands for “peer-to-peer”. P2P lending is a financial service for issuing loans in which the creditor is not a bank or credit institution, but rather he/she is an individual …

Small businesses used to have to look to traditional financial institutions to obtain funding; however, alternative lenders are becoming increasingly popular among this group. Here are a few reasons why: …

In the last ten years, alternative lending services have made borrowing money easier, especially for those who became increasingly out of reach for many traditional lenders. But their current level …

Historically, “going digital” for lenders meant automating manual processes and moving paper-based processes online. In many cases however, lenders simply recreated their offline experiences and processes in an online environment. …

The Berlin-based peer-to-peer (P2P) lending platform Bitbond will soon allow its customers to receive loans in bitcoins and other cryptocurrencies around the world. This will help the company bypass the …

Amazon is partnering with Bank of America as part of an effort to expand its lend-tech program for small businesses that sell on Amazon. Amazon Lending is an invitation-only program …

Gabriella Kindert, head of Alternative Credit at NN Investment Partners, explores four key trends that are likely to impact the alternative lending landscape in 2018: Intensifying competition and open network …

PrivatBank has launched an online credit service that allows individuals to apply for loans of up to UAH 50,000 without having to visit a branch and deal with processing paper …

Startup companies are starting to rewrite traditional lending ideas in India. One such company, MoneyTap, uses a chatbot-based loan application system to give customers real-time loan processing and wire loan …