Tagged: microlending

Gennix Platform Now Live, $GNNX Token on KingSwap, PancakeSwap

Technicorum Holdings, an IT and service group specializing in digital assets, today announced Gennix, a microlending protocol aimed at reducing financial inequality on the blockchain, is now live and has listed the $GNNX token on KingSwap and PancakeSwap. “We’re thrilled to finally launch the full… Read More

Global Microlending Market Is Projected to be Valued at Over $340 Billion by 2027, with Funding Circle, Kabbage, Others as Key Players

The global micro-lending market is projected to reach a valuation of $343.84 billion by 2027, according to a new report. The expected increase in adoption of microlending in developing countries may improve consumers’ lifestyle or standard of living. The anticipated shift from traditional lending to… Read More

New Delhi based SATYA MicroCapital, a Micro Lending Firm, Secures Over $21M in Additional Funding

SATYA MicroCapital, a fast-growing micro-lending firm based in India, has reportedly secured INR 153 Crore (appr. $21 million) in funding from Japan’s Gojo & Company. The microfinance lender confirmed that the recent investment acquired is one of the largest capital infusions it has received (and… Read More

Indonesia’s Social Security Program Provider, KMSB, Partners Logiq to Offer Microlending Services to Local Residents

Logiq, Inc., a multinational provider of digital commerce and Fintech solutions, has been chosen to offer mobile micro-lending services to 48 million Indonesian residents. The loan services will be provided through a partnership between Logiq and Koperasi Mona Santoso Berjaya (KMSB), which is Indonesia’s social… Read More

Indian Microlending Firm SATYA MicroCapital Ltd Secures Over $9 Million in Debt Funding from BlueOrchard Finance Ltd

SATYA MicroCapital Ltd, a fast-growing micro-lending firm based in India, has reportedly secured INR 72.5 Crore (appr. $9.7 million) in capital from Switzerland’s impact investor, BlueOrchard Finance Ltd. This marks the second time that BlueOrchard has provided funding to SATYA since its launch in 2017…. Read More

Etsy, Crowdfunding Site Kiva Form Partnership

Kiva, a microlending crowdfunding site, and online marketplace Etsy have announced a unique partnership designed  to help artisans around the world get the capital they need to start or grow their businesses. Sellers on Etsy can access zero-interest loans up to $5,000 crowdfunded on Kiva Zip,… Read More

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