Demand for fintech loans jumps in LatAm
For digital lenders, on one hand, demand has surged for loans. On the other hand, they are already rolling out measures to confront a...
News by FinTech Collective
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Small Business Loan Program Makes Bumpy Start
As of around 2:30 p.m. Friday, 5,979 loans worth about $2 billion had been approved, according to Small Business Administration chief...
Small Businesses Fear Hold-Ups in $350 Billion Rescue Program
Getting the $350 billion in loans for small businesses in the record U.S. stimulus package into business owners’ hands before a wave of...
Banks urged to issue more small-dollar loans to consumers in response to outbreak
In 2018, the Office of the Comptroller of the Currency modified its policy encouraging banks to offer loans, typically in the...
U.S. online education lender Boro raised $12m in Series A funding led By LexinFin
Chicago based consumer financing platform for college students raised $12m in Series A funding led by LexinFintech.
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“With its proprietary underwriting system, Boro is revolutionizing the existing consumer financing industry by providing convenient and...…
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