Latest News for: Loan partnership


Lendingkart acquires personal loans platform Upwards

Your Story 08 Feb 2023
In a bid to strengthen its personal loans offering, online MSME lender Lendingkart has acquired Mumbai-based fintech Upwards ... “The acquisition will give us more leeway to offer personal loans ... With this partnership, it will be aptly positioned to execute its strategy of helping customers smoothly obtain personal loans,” he added.

Metrobank extends P20.5B in loans to Aboitiz Group

The Philadelphia Inquirer 08 Feb 2023
(Metrobank) deepened its partnership with the Aboitiz Group as it announced the signing of P20.5 billion worth of loan deals to support ...

Paytm’s loan disbursals up 327% in January 2023, number of loans up 103%

Business Line 08 Feb 2023
“Our loan distribution business (in partnership with top lenders) continues to witness an accelerated growth with disbursements through our platform growing 327 per cent y-o-y to ₹3,928 crore ...

Paytm strengthens offline payments with 6.1 mn devices, monthly transacting users hit 89 mn in Jan

Beijing News 08 Feb 2023
Paytm's loan distribution business, in partnership with marquee lenders, continues to witness an accelerated growth with disbursements through the platform growing 327 per cent YoY to Rs 3,928 crore (USD 480 million). The total number of loans disbursed surged 103 per cent YoY with 3.9 million loans disbursed in January 2023.

Paytm loan disbursal surges 327% year-on-year in January, GMV grows 44%

Your Story 08 Feb 2023
Paytm’s loan distribution business, in partnership with marquee lenders, has grown 327% year on year with disbursements of Rs 3,928 crore ($480 million) in January 2023. The total number of loans disbursed during the month surged 103% YoY to 3.9 million, according to the company's business operating performance report for January 2023.


Victoria Advocate 08 Feb 2023
... develop the loan agency and collateral management services at TMI with an eye toward expanding backup servicing ... In addition, TMI offers a range of fiduciary and tax accounting services for family offices and investment partnerships, and custodial services for SBA loan repo pools.

Emirates Development Bank, ADGM to partner on supportive initiatives for business establishment and expansion

Urdu Point 08 Feb 2023
Most recently, EDB introduced its latest digital lending feature offered in partnership with peer-to-peer (P2P) lending platform Beehive that allows SMEs to apply for loans of up to AED5 million (directly through its Business Banking app and receive approval or feedback within five days.

China’s Belt and Road objectives are shifting

Asiatimes 08 Feb 2023
Beijing was eager to connect these new hives of economic activity to the Chinese economy through the deployment of infrastructure programs, cheap loans, and technology partnerships ... Journal as saying that countries in financial distress hold nearly 60% of China’s overseas loans.

Zypp Electric grabs $25M Series B funding led by Gogoro

Your Story 08 Feb 2023
The Gurugram-based startup raised the capital as a mix of equity and debt funding for fleet expansion ... ALSO READ ... Lendingkart acquires personal loans platform Upwards. Investors and partnerships. In November 2022, Gogoro and Zypp announced a strategic B2B partnership to accelerate the electric transformation of fleets and last-mile deliveries in India.

Florida Senate committee backs ‘Live Local’ housing plan

Citrus County Chronicle 08 Feb 2023
The bill, dubbed the “Live Local Act,” carries a $711 million price tag. Get more from the Citrus County Chronicle. Subscribe Today ... Sen ... Another $252 million would be moved into the State Housing Initiatives Partnership, or SHIP, program, while $259 million would go to the State Apartment Incentive Loan, or SAIL, program ... .

Defy Mortgage Appoints Michael Rogan as Chief Operating Officer

The Facts 07 Feb 2023
Rogan is an accomplished, results-driven executive with expertise in mortgage, retail banking, corporate sales, and international business partnerships. He has extensive knowledge of loan originations, business operations, product management, fintech, system administration, and marketing.

Mayor's View: Lack of child care taking its toll on families, businesses

Duluth News Tribune 07 Feb 2023
... Department, provides incentive loans for business expansions and relocations within the city of Duluth ... These loans and grants range from $10,000 to $100,000, as part of a partnership with many local organizations to incentivize new child-care availability and support families.

Q2 Helps Utah Community Credit Union Achieve Significant Growth by Attracting Younger Members

Hastings Tribune 07 Feb 2023
UCCU’s CIO Justin Olson said, “We have experienced extraordinary growth in both assets and members over the last five years, which speaks highly of the direction we've gone with our technology through our partnership with Q2 ... Loan growth is strong ... Since UCCU began its partnership ...

Baker Hill Achieves Record Revenue Growth, Adds 47 New Financial Institutions as Clients in 2022

Victoria Advocate 06 Feb 2023
"After working with Baker Hill for nearly two decades, we chose to take our partnership to the next level by transitioning to the full Baker Hill NextGen® Loan Origination platform. Our team will use it for consumer, small business and commercial loans," said Brad Schwartz, President & Chief Operating Officer at TowneBank.

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