You Searched For "loan distribution business" and got 13 results
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1 min read
Flipkart to distribute Axis Bank personal loans of up to ₹5 lakh
The platform, which has 450 million customers, will be distributing loans of up to ₹ 5 lakh which c…
PTI
2 mins read
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
2 mins read
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
2 mins read
Personal loans remain the dominant Fintech product, accounting for 96% of the total disbursement volume: Equifax and FACE
The highest number of personal loans are disbursed in less than ₹5,000 ticket size. Digital loan d…
2 mins read
Bihar self-help groups raise the most loans but Andhra tops in loan quality
Farm incomes grew between 1.3-1.7 times in FY22, non-farm income grew between 1.4-1.8 times, accord…
2 mins read
The majority of PPP loans went to business owners and high-earning households, a new study shows
Of the $510 billion in PPP loans extended in 2020, as little as one quarter went directly to worker…
Hayley Cuccinello
4 mins read
Fintechs helped Black-owned small businesses get access to PPP loans during the pandemic more than banks did. It's weird.
A working paper finds automation may have helped Black businesses's access to PPP loans, but AI als…
Madison Hoff
3 mins read
5 ways Biden just tweaked the PPP to help the smallest businesses survive
Biden's changes to the PPP help businesses with less than 20 workers (or none at all) and those wit…
Ayelet Sheffey
1 min read
El Salvador is partnering with a solana-based lending company to offer crypto loans to businesses, report says
The loans, Acumen project manager Andrea Gómez told CoinDesk, will have an annual interest rate of …
Phil Rosen
2 mins read
More than half of the money from the Paycheck Protection Program went to just 5% of recipients
The federally funded program was meant to help small businesses keep paying employees, but new data…
Barbara Smith
2 mins read
AOC swings at the White House for weighing only $10,000 in student debt relief: 'We can do better'
Ocasio-Cortez said the meager student loan relief amount risks backfiring on Biden by angering just…
Juliana Kaplan,Ayelet Sheffey…
2 mins read
2,600 student-loan borrowers are getting $11 million in payments after a federal consumer watchdog accused a debt relief company of illegally charging fees — and encouraging customers to 'stop paying their student loans altogether'
The CFPB filed a complaint accusing GST Factoring, which runs a student-debt relief business, of "c…
Ayelet Sheffey
5 mins read
Inside a Bay Area family's struggle to save their company during the coronavirus outbreak, as big businesses like Shake Shack beat them to government loans
Shady Elzarka's family has owned Beninni, a men's formal wear store in Hayward, California, for thr…