Prosper wins Fintech Breakthrough Award, 2024 Best P2P Lending Platform

Prosper Marketplace, the first peer-to-peer lending platform inĀ the United States, announced today that it has been honored with the prestigious Fintech Breakthrough Award for Best Peer-to-Peer Lending Platform in the Consumer Lending category. The award recognizes Prosper’s outstanding contribution to revolutionizing the lending industry through its innovative peer-to-peer lending model which has helped over 1.7 million consumers advance their financial well-being with more thanĀ $27 billionĀ in loans. The Fintech Breakthrough Awards program recognizes the top companies,...

GoLogiq to acquire all of Fram Venture 7 AB

GoLogiq, Inc, a U.S.-based global provider of fintech and consumer data analytics, has signed a non-binding letter of intent to acquire all of Fram Venture 7 AB, a Swedish fintech corporation, for US$6 million in an all-stock transaction. Total consideration could increase to US$20 million depending upon the achievement of certain earn-out targets. The acquisition includes all of Fram Venture 7ā€™s equity interest in its wholly-owned subsidiary,Ā DragonLend, a lending platform for profitable small and medium-sized...

LMN Introduces New Lending Platform LMN Lend with new features

Landscape Management Network (LMN),Ā North America’sĀ leading B2B landscape business management software company, today announced its 21.10 Product Update, the most significant update in recent years, featuring more than a dozen new highlights includingĀ LMN Lend, the software system’s new online financing platform to help landscapers gain access to capital to grow their business. LMN Lend provides landscaping business owners acrossĀ North AmericaĀ the ability to apply and obtain funding for investments to expand their book of business for needed...

HSBC Bankā€™s New Personal Lending Platform Goes Live

HSBC Bank USA, N.A., (HSBC), part of the HSBC Group, one of the worldā€™s largest banking and financial services organizations, today launched its digital lending platform powered by industry-leading end-to-end technology platform Amount. The new digital lending platform provides U.S. consumers a simple way to apply for personal loans online. Tweet this:- ā€œWe listened to our customers and understand the market intimately.ā€ HSBC is leveraging Amountā€™s technology platform and digital capabilities, which have been used...

INLOCK Launches a Peer-to-peer Lending Platform for Cryptocurrency Holders

INLOCK peer-to-peer lending platform let cryptocurrency holders to access the purchasing power of their digital assets without spending them. The platform provides a very viable alternative to selling crypto positions in case of a temporary liquidity problem by collateralizing them and taking out a loan. Of course, upon repaying the loan, customers get back their crypto in full. There is no centrally controlled interest rate,Ā INLOCKĀ operates under the peer-to-peer model, ensuring that the interest rates are...

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