Tag : business loans

Capital C Corporation To Deploy Scienaptic’s AI-powered Credit Decisioning Platform
Finance Fintech News

Capital C Corporation To Deploy Scienaptic’s AI-powered Credit Decisioning Platform

Fintech News Desk
Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Capital C Corporation has selected its AI-powered platform, enabling Capital C Corporation, in tandem with its in-house proprietary scoring algorithms, to make stronger, faster credit decisions for SME and personal loans. “We are on a mission to be the leading microfinance institution through......
Zip Discusses Buy Now, Pay Later vs. Credit Cards
Banking News

Zip Discusses Buy Now, Pay Later vs. Credit Cards

Fintech News Desk
Both ‘buy now, pay later’ (BNPL) and credit cards allow consumers to make purchases and pay in instalments, so how do they differ? BNPL represents a growing trend amongst consumers, allowing them to make online and in-store purchases and pay for them in instalments. Unlike credit cards, Buy now pay later (BNPL)......
'Buy Now, Pay Later' The Go-To Payment Method for Aussies
Digital Payments News

‘Buy Now, Pay Later’ The Go-To Payment Method for Aussies

Fintech News Desk
According to Zip, consumers are continuing to turn their backs on more traditional payment options, in favour of interest free ‘buy now, pay later’ (BNPL) platforms Gone are the days when consumers only had the choice between cash or card when shopping. Over the past few years, Buy now pay later (BNPL)......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
Enova Announces Definitive Agreement to Combine its ODX Business with Fundation's Business to form Market-Leading Digital Account Origination Company
Business Fintech InsurTech News

Enova Announces Definitive Agreement to Combine its ODX Business with Fundation’s Business to form Market-Leading Digital Account Origination Company

Fintech News Desk
Combined company will serve top U.S. banks with AI-based analytics solutions and a global SaaS platform. Enova will retain a minority stake in the new combined company. Enova International, a leading financial technology and analytics company offering consumer and small business loans and financing, today announced that it has entered......
JPIN Venture Catalysts Leads $2 Million Round in CreditEnable
Artificial Intelligence Business Fintech News

JPIN Venture Catalysts Leads $2 Million Round in CreditEnable

Fintech News Desk
JPIN Venture Catalysts Ltd (JPIN VCATS) today announces a lead £700k investment into CreditEnable’s pre-series A round. CreditEnable is an AI-driven SME credit marketplace that uses data analytics and AI to support SMEs in procuring different business loans, helping lenders improve approval rates to above 70%. The investment – leading......
MYbank Unveils Five-Year Plan to Reach More SMEs Across China via Supply Chain Finance and Rural Lending
Banking Fintech News

MYbank Served Over 20 Million SMEs as of 2019, Further Spurring the Growth of China’s Small and Micro Businesses

Fintech News Desk
MYbank, a leading online private commercial bank under Ant Financial Services Group, stated in its annual report released that it has served 20.87 million small and micro businesses in China as of the end of 2019. Read More: Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing “Even though my business......