Tagged: online lending

November 17, 2025 @ 11:18 am By Michael Wong  |  

Bonside, a New York-based credit platform that finances brick-and-mortar businesses, has secured a $100 million capital partnership with private investment firm i80 Group to expand funding for service companies with physical locations. The facility will back Bonside’s use of its Repeatable Revenue Agreement, or RRA,… Read More

October 29, 2025 @ 7:48 am By Omar Faridi  |  

Barclays PLC announces its wholly-owned US consumer banking subsidiary, Barclays Bank Delaware, has agreed to acquire Best Egg, Inc. for $800 million. Completion of the transaction is currently said to be subject to required regulatory approvals as well as other customary conditions. Best Egg is a US D2C personal loan… Read More

October 17, 2025 @ 6:04 pm By JD Alois  |  

SALT Lending, a crypto-backed lender, has received state approval to offer consumer and commercial digital asset-backed loans in the state of Nevada. The company states that it is one of the first licensed crypto lenders in the state. Residents in Nevada can now unlock liquidity… Read More

October 11, 2025 @ 9:16 pm By Tony Zerucha  |  

A new study by Maclear shows that the P2P lending sector in Europe is gaining momentum as investors look for higher yields and stronger safeguards, while small and medium-sized enterprises (SMEs) turn to crowdlending for more flexible access to capital. According to the study, European… Read More

October 10, 2025 @ 3:32 pm By Omar Faridi  |  

Fintech firm Splitit, the embedded card-linked installments service provider, has recently announced the launch of an invite-only partner program intended to make pay-later capabilities native to Agentic AI, which may enable the so-called next generation of AI-driven commerce. The Splitit Agentic Commerce Partner Program will… Read More

October 8, 2025 @ 4:27 pm By Omar Faridi  |  

Morpho, the on-chain lending network claiming to have more than $10 billion worth of deposits, says it has delivered on key milestones from Vaults V2 to integrations with one of the world’s regulated banks and fintechs. Morpho has explained that businesses are able to connect… Read More

October 6, 2025 @ 9:19 am By JD Alois  |  

Abound, a UK Fintech in the online lending sector, has surpassed £1 billion in lending. First reported by Financial IT, Abound CEO  Gerald Chappell, is quoted on the milestone: “Reaching £1 billion in loans is proof of our momentum and our technology. With more milestones… Read More

October 3, 2025 @ 12:59 am By Tony Zerucha  |  

Love Finance, a United Kingdom SME lender and broker, has secured £45 million in its first debt financing arrangement, enabling the company to expand its loan book. The funding package comprises a £35 million revolving credit facility (RCF) from FTSE 250 specialist lender, Paragon Bank,… Read More

September 23, 2025 @ 11:18 am By JD Alois  |  

Roy Warren, Managing Director of Folk2Folk, a peer-to-peer lending platform, is retiring and being replaced by Kawai Chung as Chief Executive Officer. According to a release, Warren is aiding in supporting a smooth transition. Warren, who became MD in 2019, will join the board as… Read More

September 17, 2025 @ 3:20 pm By JD Alois  |  

LawFi, a funding platform for legal loans, says it has formed a partnership with Cordell & Cordell – a large family law firm with 200+ attorneys. LawFi operates a lending platform capable of underwriting and funding customized legal fee loans. The platform enables point-of-sale legal… Read More

September 7, 2025 @ 11:23 pm By Michael Wong  |  

Indonesia’s Financial Services Authority (OJK) said online lending volumes climbed 22.01% year-on-year in July, even as it tightened enforcement across the financing sector with fresh sanctions on dozens of institutions. Total peer-to-peer (P2P) loan disbursements reached Rp84.5 trillion ($5.3 billion) in July, up from Rp83.5… Read More

September 7, 2025 @ 8:34 pm By Omar Faridi  |  

Amazon (NASDAQ:AMZN) has finalized its acquisition of Bengaluru-based digital lending startup Axio, formerly known as Capital Float. As reported by local sources, the deal, completed eight months after the signing of a definitive agreement in December 2024, marks one of Amazon’s largest buyouts in India,… Read More

August 28, 2025 @ 9:25 am By Omar Faridi  |  

We recently connected with Yaacov Martin, CEO of The Jifiti Group, who shared insights on embedded finance and how SMBs acquire financing. A survey and research study recently found that 83% of lenders now offer embedded finance to consumers, but only 55% do the same… Read More

August 27, 2025 @ 1:31 pm By JD Alois  |  

Sygnum, a European digital asset bank, says it has closed a $50 million syndicated loan secured by Bitcoin. The transaction was for Ledn, and a portion of the proceeds is expected to aid the firm’s tokenization services. Sygnum states that the loan is indicative of… Read More

August 15, 2025 @ 2:30 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Stripe, the programmable financial services company, have expanded their partnership with the first buy now, pay later (BNPL) integration on Stripe Terminal. This integration enables U.S. and Canadian merchants to… Read More

August 11, 2025 @ 9:26 am By JD Alois  |  

Finsus is acquiring Mexico-based Fintech Anticipa, according to a company statement. Terms of the deal were not made available. Finsus aims to become Mexico’s first neobank, providing access to credit which currently holds limited availability in the jurisdiction. Anticipa is a merchant cash advance platform… Read More

August 5, 2025 @ 4:15 pm By JD Alois  |  

Upgrade, a Fintech focused on providing credit, has surpassed $40 billion in credit, serving over 7 million customers. Launched in 2017, Upgrade was founded by Fintech OG Renaud Laplanche.  While launching with a credit anchor, Upgrade is now more of a neobank providing services like… Read More

July 17, 2025 @ 8:41 am By Omar Faridi  |  

Funding Circle (LSE: FCH), a UK-based SME finance platform, has received a £200 million forward flow agreement with Deutsche Bank. Deutsche Bank, a funder on the Funding Circle platform for more than 10 years now, is said to strengthen its commitment to enabling UK-based SMEs… Read More

June 29, 2025 @ 10:57 am By Michael Wong  |  

The Philippine government has intensified its crackdown on abusive online lending platforms after receiving more than 13,000 complaints from borrowers who reported harassment, threats, and privacy violations. The Presidential Anti-Organized Crime Commission (PAOCC) is leading the nationwide campaign in coordination with the Securities and Exchange… Read More

June 23, 2025 @ 10:56 am By JD Alois  |  

Folk2Folk is reporting that investors earned £17.32 million in interest payments for the tax year of 2024/2025. The company states that it is the largest peer-to-peer lender in the UK, based on total lending. The interest generated in the past year is the most since… Read More