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The money lending market has seen drastic changes in the past few decades, mainly because of more start-up companies using technology to provide more efficient and low-cost solutions. One of the results of this is peer-to-peer lending. Since the P2P lending market exceeded US$26 bn in 2015, most investors and borrowers prefer to use it compared…
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P2P lending platforms have been gaining popularity over the last couple of years amid higher yields from alternative investments along with easy borrowing facility for individuals and businesses. Consequently, the market has witnessed substantial growth in the number of P2P lending platforms. These online platforms are snatching a huge chunk of customers from big banks….
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While the Republicans are moving at a slow pace to ease the regulatory burden of the US banking industry, there has hardly been some improvement on the ground. According to WSJ talks about banking legislation and regulatory improvements for the industry haven’t made much progress. What is wrong with the banking sector? The biggest problem…
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Best Bad Credit Loan Providers in 2020:
These lenders will give you a loan regardless of your credit score. Most of them won’t even pull out your credit report.
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Today, there are plenty of new automatic saving apps coming from the FinTech scene. Most, if not all, are intelligent and can understand your spending habits just by linking them to your bank accounts and credit cards. The apps then suggest how you can minimize your spending and save more, better yet, some can put…
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A wave of financial innovation is redefining how people – especially millennials – spend, invest or manage their money. Millennials are not known to be big on money, and the larger percent are spenders more than they are savers, let alone investing. The new era of FinTech apps, however, seeks to change that. With low…
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Property-focused Indonesian P2P lender Gradana announced today that it had raised an undisclosed amount of funding in a pre-Series A round. The funding was led by Tryb, a Singaporean fintech-focused investment firm. The company is planning to use this funding for expanding its presence in the country as well as product development. Eyeing more expansion…
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Indonesia agritech startup TaniGroup, which operates agricultural e-commerce products recently raised $10 million in Series A funding. The company runs the agritech e-commerce platform TaniHub and TaniFund, a P2P lending platform and plans to utilize the funds for product development and expansion. As a P2P lending platform, TaniHub and TaniFund is not affected by stock…
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The fear of exposing their capital to risk is the number one factor most people never consider the money markets. They tend to forget that unlike the Forex markets that have almost always posted positive returns on investments, cash deposited in bank savings accounts tends to depreciate in value as a result of inflation. But…
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The days when only a few people had access to investment opportunities are long gone. Today, almost anyone with a smartphone can take a plunge into the world of investing, without experience or knowledge about how the markets work, and more importantly, with less and less money. Most FinTech start-ups today are targeting small value…
