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Bombay (Maharashtra) [India] December 30 (ANI / BusinessWire India): Bank of Baroda, the country’s third largest public sector bank, launched the digital lending platform, which enables potential retail loan seekers to obtain loans digitally through a process paperless at the convenience of their place and time of choice.Pre-approved personal micro-loan is offered to existing selected …

The Securities and Exchange Commission announced Monday that it has revoked the Certificate of Authority (CA) of loan company Super Cash Lending Corp. for its unfair debt collection practices. In an order, the SEC’s corporate governance and finance department found that the company, through its online lending platforms Super Cash, Cash Porter and Loan Bee, …

Bank of Baroda (BoB) has launched its Digital Lending Platform (DLP), which will allow potential personal loan applicants to obtain loans digitally through a paperless process The platform provides “in-principle approval” for home, auto and personal loans within 30 minutes without human intervention, the public sector bank said in a statement. The bank will also …

In recent years, in the fintech industry, technology-driven digital lending has played a critical role in bridging the gap between demand and supply of credit. The industry grew faster before the pandemic hit the global economy. Like any other industry, the digital lending industry experiences a jolt at the start of the foreclosure. Various measures …

Credits, the Brazilian lending firm, has raised $ 255 million in new funding as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio has crossed 1 billion reals ($ 196.66 million) and the new round values ​​the company at $ 1.75 billion thanks to $ 570 million …

Upstart Holdings, which operates an online consumer lending platform connecting banks and individuals, raised $ 240 million by offering 12 million shares (75% primary) at $ 20, the lower end of the range from $ 20 to $ 22. Existing shareholder Third Point Ventures had indicated 1.2 million shares in the offer. In terms of …

KUALA LUMPUR (December 8): AirAsia Group Bhd is seeking final approval for its BigPay lending business by the first quarter of next year (1Q21). The group said it had already received interim approval from the Department of Housing and Local Government (KPKT) in mid-November to provide loans online under a community credit license. “We hope …

Bisnow / Jon Banister Bo Menkiti, CEO of Menkiti Group, at a Bisnow 2018 event The Menkiti Group partners with a national mortgage lender to launch a new company. The DC-based real estate company announcement On Monday, it partners with NewRez LLC to launch a joint venture mortgage company, Mission Mortgage LLC. Mission Mortgage will …

In the context of the 2007 financial crisis, the banking system put in place strict measures while providing credit to consumers and businesses. Credit and financing for MSMEs: Fintech, an amalgamation of finance and technology, is revolutionizing the world with disruptive innovations and has already created a major positive impact in the financial sector by …