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The Tel Aviv Stock Exchange (TASE) has partnered with Blockchain Technology Partners (BTP) to put the finishing touches on its Distributed Ledger Technology (DLT) Securities Lending Project ahead of the platform’s later launch This year. According to TASE, Blockchain Securities Lending (BSL) aims to address the fragmented, inefficient and opaque nature of the securities lending …

FinTech shed light on its long-term strategy in the mortgage market following the launch of its new business activity. Last week, fintech lender Tic: Toc Home Loans announced the launch of its first ‘software as a service’ (SaaS) product, XAI Validate, which was reportedly designed to simplify the home loan application process for lenders and …

BEIJING — China’s peer-to-peer lending industry, once the world’s number one, is at the end of its rope. The entrepreneurs hoped to fill a loophole in China’s financial system ignored by state-backed banks. Thousands of peer lenders have thrived, raising funds from small investors and providing credit to family restaurants, parents with tuition to pay, …

TSB to launch short-term loans to distract borrowers from payday lenders By Helen Cahill, Financial Mail On Sunday Posted: 4:48 p.m. EDT, February 1, 2020 | Updated: 8:21 a.m. EDT, February 3, 2020 The TSB is about to launch short-term loans to distract borrowers from payday lenders. The bank’s new chief executive, Debbie Crosbie, told …

Company says it disbursed loans worth 1K Cr INR in Q3 U Gro has launched a direct consumer lending platform, GRO-Direct U Gro raised 100 Cr INR from the Sachin Bansal and Poonawala family in 2019 Mumbai-based non-bank finance company U Gro Capital, which started disbursing loans in January 2019, announced that it had reached …