Category : Lending

TransUnion Study Examines the Risk Profile of BNPL Applicants and the Financial Inclusion Opportunities
Lending News

TransUnion Study Examines the Risk Profile of BNPL Applicants and the Financial Inclusion Opportunities

Fintech News Desk
by Fintech News Desk0
TransUnion study finds that point-of-sale financing applicants are more likely to be younger and below prime As both awareness and usage of Buy Now, Pay Later (BNPL) and Point-of-Sale (POS) financial offerings continue to grow, a new study from TransUnion examined the risk profiles of consumers who use these products and......
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer
Lending News

MainStreet Bank Promotes Tom Floyd to Chief Lending Officer

Fintech News Desk
by Fintech News Desk0
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer MainStreet Bancshares, Inc., the holding company for MainStreet Bank, announced it has promoted Tom Floyd to Chief Lending Officer, entrusting him with strategic leadership over a growing loan portfolio that currently exceeds $1.4 billion. Floyd, who joined the $1.8 billion-asset bank in 2017, was previously......
MarketFinance Raises Debt Financing From Deutsche Bank to Support £100M of New Lending to UK SMEs, Sole Traders and Partnerships
Lending News

MarketFinance Raises Debt Financing From Deutsche Bank to Support £100M of New Lending to UK SMEs, Sole Traders and Partnerships

Fintech News Desk
by Fintech News Desk0
The funding will help MarketFinance provide up to £100m of lending to UK SMEs MarketFinance, the leading fintech credit and payments company, announced a debt raise from Deutsche Bank which the company will use to part fund up to £100m of lending to support strong, well-managed SME businesses with their......
Capital Farm Credit Partners with Rural 1st to Enhance Home Lending Program
Lending News

Capital Farm Credit Partners with Rural 1st to Enhance Home Lending Program

Fintech News Desk
by Fintech News Desk0
Capital Farm Credit’s home lending program will work alongside the leader in rural home lending to serve customers in rural Texas Capital Farm Credit has partnered with Rural 1st, the leader in rural lending, to bring its Texas customers new rural home lending solutions that help them achieve their dreams......
Lendflow Launches Powerful Credit Decisioning Engine to Transform the Embedded Credit Space
Lending News

Lendflow Launches Powerful Credit Decisioning Engine to Transform the Embedded Credit Space

Fintech News Desk
by Fintech News Desk0
The new product launch cements Lendflow as a major player in the embedded finance industry Lendflow, the market leader in embedded lending, announced its new Credit Decisioning Engine that enables Fintechs and Vertical SaaS companies to easily build, embed and launch credit products such as credit cards, buy-now-pay-later, and small......
Oklahoma Community Bank Selects Fintech to Expedite Lending Process
Banking Lending News

Oklahoma Community Bank Selects Fintech to Expedite Lending Process

Fintech News Desk
by Fintech News Desk0
First Texoma National Bank Partners with Teslar Software to improve the lender and borrower experience First Texoma National Bank and Teslar Software announced their partnership to enhance the bank’s commercial lending processes. The Durant, Okla.-based bank will leverage Teslar’s lending process automation platform to create new efficiencies, improve reporting and manage the......
KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion
Lending News

KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion

Fintech News Desk
by Fintech News Desk0
KKR, a leading global investment firm, announced the final close of KKR Asia Credit Opportunities Fund, a US$1.1 billion fund focused on performing privately originated credit investments in Asia Pacific. “Our credit strategy is highly complementary to our existing equity strategies in Asia, and the close of ACOF represents a......
Alta Finance Launches Earn V2, Bringing Real Estate to Crypto
DeFi Lending News

Alta Finance Launches Earn V2, Bringing Real Estate to Crypto

Fintech News Desk
by Fintech News Desk0
Alta Finance (ALTA) announced the launch of its Earn saving protocol V2 to provide real estate yield to the DeFi community. “We are pleased to release this major update to our native Earn lending protocol putting us on an incredible trajectory to bring real estate into the crypto community,” said......
Crediclub Partners with L Catterton to Accelerate Growth and Expand Access to Financial Services in Mexico
Lending News

Crediclub Partners with L Catterton to Accelerate Growth and Expand Access to Financial Services in Mexico

Fintech News Desk
by Fintech News Desk0
Crediclub, one of Mexico’s fastest-growing lending platforms, announced that it has entered into a binding agreement to partner with L Catterton, the largest global consumer-focused private equity firm. Under the terms of the agreement, L Catterton Latin America will acquire a significant minority stake to support the company in its mission to provide all......
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