American Express to Acquire Lending firm Kabbage
American Express acquires Softbank backed lending firm Kabbage in an undisclosed amount.
Search Results for: lending
Lendingkart raises $40 Million in equity funding
Fintech company Lendingkart raises $40 million in an equity funding round.
Stash Raises $80 Million funding from LendingTree
LendingTree made a strategic investment in fintech service in the US known as Stash.
Droom acquires Lending Firm Xeraphin Finvest
Online automobile selling platform Droom has acquired Xeraphin Finvest for an undisclosed amount.
Samsung Launch Digital Lending Platform ‘Samsung Finance+’ in India
South Korea based smartphone company Samsung launched its online finance option Samsung finance+ in India.
Lendingkart Raises $2.95 Million from Sistema Asia Fund
Fintech startup Lendingkart has raised another $2.95 million in fresh equity funding round from Sistema Asia Fund (SAF).
Fintech Platform Lendingkart Raises $30 Million
Lendingkart, an India based fintech firm has raised USD 30 million led by existing investors.
Lending Startup ZestMoney raises $20 million funding
Zestmoney raises $20 million funding
JD.com Launches P2P Online Lending Products
E-commerce giant JD.com has become the first Chinese tech tycoon to launch peer-to-peer online lending products. “Hefeng online lending” or literally “Hefeng Wangdai”, a platform providing information service on P2P online lending under JD.com, sold out all the products within seconds after it started operation on Sunday. This made JD the first BATJ or Baidu, […]
Bank of China to Expand Lending Services to Small Businesses
Bank of China has signed a strategic cooperation agreement with the All-China Federation of Industry and Commerce to further expand financing channels for private companies, especially small businesses, to expand their footprints globally. “As part of BOC’s efforts to support private companies, the strategic cooperation will help the bank to improve its channels of communication […]
Digital Lending in India Expected to Grow to $100 Billion by 2023
A joint study by Omidyar Network and Boston Consulting Group (BCG) has reported that digital lending to micro, small and medium enterprises (MSME) in India can grow upto 7 lakh crore by 2023, a 15x increase in annual disbursements. “As of 2018, most of the credit demand for $600 billion is being met through informal sources,” said Roopa […]
A Digital Lending Platform Partners with Eko India to Enable Credit Line Services
Indifi Technologies, a digital lending platform for small enterprises has entered into a partnership with Eko India Financial Services for the purpose of enabling credit line services to Eko’s cash distributors based on their transactions and trading activities through the portal. Following this partnership, Indifi aims to considerably fasten the movement of funds for a […]