Nav announced a partnership with Marcus by Goldman Sachs to offer SMB owners lines of credit through machine learning on the platform.
Mexican fintech Kueski announced a partnership with Amazon to offer BNPL on its marketplace, a first for the retail giant in Mexico.
Reliable off-chain credit scoring on the blockchain provides better service and attracts participants to DeFi.
With community banks pulling back on lending to small businesses vertical software platforms are filling the void. They provide software, of course, but are increasingly also providing access to capital.
Neither the lender nor the borrower want a loan default, now with this innovative new solution from TruStage the risk of default can be removed.
A longtime SMB lender toward its own seller network, Amazon will begin offering official short-term loans up to $100,000.
“Amazon came to us with this incredible idea,” CEO and Founder Everett K. Sands said.
IvyTek Finance loan management software is a solution that organizations and companies can use to streamline their loan management process.
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Neu’s path to success will produce financially literate college graduates and a strong bottom line. The journey began in late 2023 with the release of the Neu Card, whose attributes include no late fees and interest charges, a maximum $1,000 spending limit, no Social Security number required, and no credit history or cosigner required.
Exclusive interview with Andrew Seiz, head of finance at Kueski, on the 2024 outlook for consumer lending and Buy Now Pay Later in Mexico.
To help manage rising charge-offs, fintech lenders will lean more heavily on commercial debt sales as the year progresses.