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Developing The Personal Loan Market Using Technology
Banking Commerce Featured Fintech Primers Technology

Developing The Personal Loan Market Using Technology

Pooja Choudhary
by Pooja Choudhary0
We all know about two-minute noodles, but what if I say, in two minutes get an instant personal loan? As a layman, we understand personal loan is money borrowed by anyone on interest for a reason. In addition, personal loans are generally offered by banks, credit unions, and online loan......
OPEC Fund Mobilizes US$1 Billion for Development Finance With Landmark Debut SDG Bond
Capital Markets Finance News

OPEC Fund Mobilizes US$1 Billion for Development Finance With Landmark Debut SDG Bond

Fintech News Desk
by Fintech News Desk0
The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, priced its inaugural benchmark bond issue in the capital markets on Wednesday. The bond was priced using its Sustainable Development Goal (SDG) bond framework on which Credit Agricole CIB acted as sole sustainability advisor. Attracting strong......
OneMain Announces $50 Million Commitment to Support Minority Depository Institutions and Veterans
Banking Finance News

OneMain Announces $50 Million Commitment to Support Minority Depository Institutions and Veterans

Fintech News Desk
by Fintech News Desk0
OneMain Financial, the leader in offering nonprime customers responsible access to credit, announced that it has committed $50 million dollars to support minority depository institutions (MDIs) and military veterans. The company’s $50 million commitment is managed in equal parts through two J.P. Morgan Asset Management programs. The first $25 million......
Dwight Mortgage Trust Launches CRE Rescue Capital Fund
debt collection Mortgage News

Dwight Mortgage Trust Launches CRE Rescue Capital Fund

Fintech News Desk
by Fintech News Desk0
Dwight Capital, along with its affiliated REIT, Dwight Mortgage Trust is launching a “rescue capital” preferred equity and mezzanine debt platform to assist sponsors with equity shortfalls in connection with permanent loan refinancings. “Together with our existing bridge loan and construction lending products, the added preferred equity and mezzanine capabilities will assist......
FinVolution Group's AdaKami Announces Strategic Cooperation with Indonesia's PermataBank
Banking Fintech News

FinVolution Group’s AdaKami Announces Strategic Cooperation with Indonesia’s PermataBank

Fintech News Desk
by Fintech News Desk0
FinVolution Group, a leading fintech platform in China, announced that its Indonesian subsidiary, AdaKami, signed a strategic cooperation agreement with PT Bank Permata Tbk. PermataBank is among Indonesia’s top 10 banking institutions in terms of assets and a leading digital bank with innovative products and services, serving millions of customers in 62......
UserTesting Helps Drive the Future of Retail Banking Experiences with Real Human Insight
Banking News

UserTesting Helps Drive the Future of Retail Banking Experiences with Real Human Insight

Fintech News Desk
by Fintech News Desk0
New test templates enable retail banks to readily get pre-and post-launch feedback at the speed of agile to better ensure success during the design, development, and optimization of new features and experiences UserTesting, a leader in video-based human insight, announced the availability of new test templates for the UserTesting Human Insight Platform......
Defy Mortgage Created to Disrupt Traditional Mortgage Lending Norms
Lending Mortgage News

Defy Mortgage Created to Disrupt Traditional Mortgage Lending Norms

Fintech News Desk
by Fintech News Desk0
Homeownership remains the most important contribution to generational wealth available to consumers today Defy Mortgage, a national mortgage lender offering unique lending solutions for responsible borrowers with nontraditional income streams and asset types, kicks-off 2023 with its national launch. Company leadership acknowledges that its challenge to conventional mortgage lending standards is......
Flueid and FirstClose Integrate to Deliver Accelerated Title Decisions and Simpler Closings for Home Equity Lending
Lending News

Flueid and FirstClose Integrate to Deliver Accelerated Title Decisions and Simpler Closings for Home Equity Lending

Fintech News Desk
by Fintech News Desk0
With Flueid, home equity lenders can quickly, securely and proactively understand the condition of title and check which HELOCs and HELs can close on an accelerated timeline Flueid, the leading real estate technology company using title data and insights to fuel transactions from end-to-end, announced an integration with FirstClose, Inc. –......
Plesion Capital Announces Launch and Inaugural Investment
Investment Services News

Plesion Capital Announces Launch and Inaugural Investment

Fintech News Desk
by Fintech News Desk0
Makes first investment in XENO, a fintech platform helping millions in Africa to plan, save and invest Plesion Capital announced its formation as a social impact venture capital firm focused on partnering with mission-based entrepreneurs and companies to combat poverty around the world. Plesion Capital’s strategy is predicated on making......
Tiger Finance and Merchant Financial Group Provide $38 Million in Growth Capital to Apparel Brand Arctix
Finance News

Tiger Finance and Merchant Financial Group Provide $38 Million in Growth Capital to Apparel Brand Arctix

Fintech News Desk
by Fintech News Desk0
Revolving credit facility comes in response to robust online and brick-and-mortar sales by the outdoor and winterwear brand Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand. As the primary lender to Alpha 6, Merchant Financial Group tapped Tiger Finance......
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