Tagged: micro lending

Digital Payments & E-Commerce Platform KinerjaPay Announces Plans to Enter Microlending Business in Indonesia

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced on Friday it is set to launch its own application for microlending business with peer-to-peer platform to facilitate credit facility. The company reported it will mainly target consumer sector to provide microlending facility in… Read More

Oakam Has Now Provided £320 Million in Loans to Consumers Overlooked by Traditional Finance

Oakam, an online micro-lender, has provided more tha 420,000 loans totaling £320+ million.  These loans have gone to consumers ignored by traditionaly finance, says Oakam. Alternative data enables Oakam to utilize modern methods in underwriting and risk management to expand access to credit for financially excluded… Read More

Kiva and the Micro-Lending Boom in California

California is in the midst of a micro-lending boom, driven by the rise of internet-based crowdfunding sites, including Kiva, Kickstarter, Indiegogo, and RocketHub. The micro lending sites are opening new lending markets, in peer to peer lending. They are building new ties between lenders and… Read More

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