Global Alternative Lending Platform Market by Offerings, Alternative Lending Types, Deployment, End User and Region

The global alternative lending platform market was valued at US$ 2.3 Bn in 2021, growing at a CAGR of 26% over the forecast period (2022 – 2030). Alternative lending refers to the procedure of accepting loans from financial entities that are not banks or other non-banking organisations. Sin...

Digitial Lending: A smart move, raises a remarkable fund

In 2020, South Korea had passed the first law in the world dedicated to digital lending, “The Marketplace Lending Act,” to regulate marketplace lenders, and protect P2P consumers. The law enables the licensed P2P lending startup to operate as an authorized financial institution to len...

CHINA CONSUMPTION, INVESTMENT EXPECTED TO GROW IN MAY

Highlights –

• China consumption, investment expected to grow in May.
• Investments are expected to maintain fast growth momentum.
• Fixed-asset investment in the first five months to grow at around 18 percent year on year.
• China...

JAPAN’S SBI HOLDINGS ORDERED TO SUSPEND OPERATIONS BY FSA

Highlights –

• Japan’s SBI Holdings ordered to suspend operations by FSA.
• The unit had solicited funds from investors with false or misleading information.
• The company had collected 20.7 billion yen ($190 million) from investors i...

15% PLUNGE IN ETH, LEADS TO DEFI LIQUIDATION OF CRYPTO WORTH $25 MILLION

Highlights:

•             Hike in gas fees lead to the need for liquidation

•             On Monday the average transaction gas fee was $29

The price of Ether (ETH) was on the rise in the last couple of days as the bitcoin prices rose. However, prices fell steeply by...

Global Digital Lending Platforms Market by Current Industry Status, Growth Opportunities, Top Key Players, and Forecast till 2028 - A Report by Absolute Markets Insights

The market for loans has been a notable proponent for growth observed in the financial services sector. Governing authorities across various countries have studied and advocated the importance of financial lending for the upliftment of the economy in their operating regions. The concept and proce...

JP MORGAN SIGNS A $100M DEAL WITH FIGURE TECH

Highlights:

• Figure technologies is an online lending platform
• This will enable Figure tech to innovate better mortgage products

That banks have been involved in the domain of cryptocurrencies is a fact. Figure Tech, a blockchain mortgage platform on ...

Lending as a Service Market is expected to Grow at CAGR of 5.30% by 2027 owing to Increasing Technological Advancements in the Banking Sector Coupled with Rising Digitalization across various Countries, says Absolute Markets Insights

Rising Internet penetration across countries is influencing the financial institutions to focus on offering digital lending services to their customers. The integration of blockchain technology across the banking sector applications is propelling the growth of Europe lending as a service market. ...

Global Digitization in Lending Market is expected to grow at CAGR 9.0% from 2020 to 2028 due to digitalization in banking industry

Digital lending is a process of borrowing money from digital platforms without paperwork. It is a breakthrough in the lending and borrowing procedure without use of paperwork. Digitization is a huge revolution in the lending process, for tech savvy customers modern lending systems are helpful as ...

AN EVICTION WAVE COULD MORPH INTO A FINANCIAL CRISIS, ECONOMIST WARNS

Highlights

• Nearly 2-in-5 tenants across the country could be served eviction notices
• They are particularly low-wage workers  

On Friday, an economist with mortgage aggregator LendingTree said that the U.S. ...

THE FEDERAL RESERVE EXTENDS ITS LENDING PROGRAMS TO THE END OF 2020

Highlights

• It was originally set to expire on September 30
• It will now be stretched to December 31

On Tuesday, the Federal Reserve said that it is extending its menu of lending programs. It will be till the end of 2020. It is for bus...

The plan is expectedly giving NBFCs extra lending capacity

Whenever an individual or an organization has to keep its fiancés meet the ends banks are the saviors.   The bank is an institution that runs to deal with all the issues that are based on the finances in the country. All the citizens are linked to banks and get benefit from that....

Overnight lending market

According to the latest news by the CNN business that there has been and rescue of the overnight lending market, which is appearing to be a side effect of the fluctuation in the stock market, which is currently happening in the United States of America. Believing the latest news the market and th...

Lending to change the finances

As the finances of the nation of India fail miserably, and the banks of the country follow a similar trend, we see significant changes in the banking system and the financial system of the nation. Loans have been a significant cause for the deficits that the banks are facing, and the enormous unp...