Tagged: institutional lending

Institutional Digital Asset Lending Platform, CLST, Acquires Funding from Spartan Group, Others

CLST, an institutional-only lending and borrowing venue for stablecoins and crypto assets, has closed a seed round, led by Spartan Group, with participation from Coinbase Ventures, Kraken Ventures, GSR, Menai Financial Group, Luno Expeditions, a subsidiary of Digital Currency Group, and TX Ventures – the… Read More

Loan Approval Rates Continue Rising: Biz2Credit Survey

Small business loan approval rates grew slightly between June and July, leaving them at the same percentage as they were this time in 2020, data from Biz2Credit’s Small Business Lending Index shows. Small bank approval rates also improved from 18.9 percent to 19.1 percent over… Read More

Singapore Fintech iLex to Use Loan Solutions Offered by Refinitiv, will Redistribute LPC Loan Market Data via iLex Platform

iLex, a Fintech firm that is focused on improving the corporate loan market, has partnered with Refinitiv through its LPC brand, in order to integrate their loan solutions and redistribute LPC loan market data via the iLex platform. As mentioned in a release shared with… Read More

Singapore Fintech, the Institutional Lending Exchange (iLex), Secures Seed Funding, Signs MoU with IHS Markit

Singapore-based Institutional Lending Exchange (iLex), a Fintech firm focused on developing a multilateral digital or e-market platform that will support the deal flow and liquidity opportunities for loan market participants, has reportedly finalized its seed funding round. The amount raised has not been disclosed. Investors… Read More

Infographic: Biz2Credit Anticipates Loan Demand Increase, Institutional Lenders Gain

The Biz2Credit Small Business Lending Index announced August’s findings: the Index dropped by 0.1 points for both large and small banks,  indicating that the SBA budget scare effected growth in loan demand. The monthly analysis of 1,000 loan applications from Biz2Credit.com also noted “that credit unions continued to… Read More

Send this to a friend