Tagged: online lending

Digital Bank Revolut Plans to Keep Lending Low Even as It Builds a Global Banking Platform

Revolut is taking what appears to be a distinctly conservative path on credit even as it builds out a full banking presence in more countries. Rather than following the traditional model of recycling large volumes of customer deposits into loans, the fintech intends to keep… Read More

Tether and Fasanara Open Stablecoin Credit Fund for Global SME Lending

Tether and Fasanara Capital have unveiled a major new partnership aimed at channeling digital-asset infrastructure into traditional lending markets. On 9 September 2026 the two firms announced StableFund, an evergreen private-credit vehicle jointly sponsored as the Tether-Fasanara Lending Fund. The structure is backed by a… Read More

Fintech Firm Block Allows Other Lenders Use Cash App Score to Assess Borrowers in Near Real Time

Block (NYSE: XYZ) has taken a notable step toward broadening access to credit by making its Cash App Score available to outside lenders for the first time. The company is working with Nova Credit as its distribution partner so that the proprietary, cash-flow-based measure can… Read More

MoonPay Adds Kamino to PayBox, Letting ChatGPT and Claude Manage Solana Lending

MoonPay has expanded its AI-powered PayBox vault so eligible users can interact with Kamino, one of Solana’s largest lending protocols, through ordinary conversation in ChatGPT or Claude. The update, announced on August 27, 2026, does not invent a new credit product. It simply routes existing… Read More

Galaxy Digital Rolls Out Retail Crypto Credit Line Backed by Bitcoin, Ethereum, Solana

Galaxy Digital (Nasdaq: GLXY) has broadened its offerings for individual investors by introducing a new borrowing facility on its GalaxyOne platform. The Crypto Portfolio Line of Credit enables qualifying users to secure cash loans using their holdings in Bitcoin, Ethereum, and Solana—including assets that remain… Read More

Blockchain Firm Figure Reports Q2 Results

Figure Technology Solutions (Nasdaq: FIGR; OPEN: FGRS), a capital markets blockchain firm founded by Mike Cagney, reported Q2 earnings, delivering net revenue of $226 million, up 113% from the same period the prior year. The consumer loan marketplace booked $4.3 billion in volume during the… Read More

Zopa Partners with Hive to Finance Solar Installs, More

UK digital bank Zopa has teamed up with Hive to provide a path for homeowners to finance solar and other green home upgrades. According to a statement from Zopa, customers may now apply for a Zopa-based loan on the Hive website. Zopa notes that the… Read More

Philippine SEC Warns Vs. Illegal Lenders Charging Exorbitant Interest Rates

The Philippine Securities and Exchange Commission (SEC) has urged Filipinos to borrow only from registered lenders, warning that illegal operators may charge exorbitant interest rates and resort to unfair collection practices. The corporate regulator said consumers should use safe, transparent and regulated loan products, including… Read More

AB Bank Launches AI-Powered Digital Lending Pilot with Filps

Bangladesh-based AB Bank PLC has launched the pilot phase of a new digital lending platform that uses artificial intelligence to automate loan approvals and disbursements, underscoring the growing adoption of AI-powered financial services across emerging markets. The bank said its new service, called “AB e-Loan,”… Read More

P2P Lender Folk 2 Folk Pursues Brokers to Boost Lending

Peer-to-peer business lender Folk 2 Folk is seeking to boost lending by engaging with brokers. The company says brokers are playing a growing role in credit assessment and underwriting as demand for alternative assets increases. As a specialist property-backed business lender, Folk 2 Folk is… Read More

UK P2P Lender Folk2Folk Targets Institutional Money to Scale Operations

Folk2Folk, a UK peer-to-peer lending platform that operates physical locations, says it is boosting its focus on institutional money. To accomplish this goal, the company has hired Joanna Chan as Head of Strategic Capital. Chan, who joined the company in 2029, moves into the new… Read More

Coinbase Now Offers Crypto Backed Loans in the UK, Shares Rise

Coinbase (NASDAQ:COIN) is now offering crypto-backed loans in the United Kingdom. According to a blog post, users may pledge crypto as collateral to gain access to USDC loans. Current assets available for collateral include BTC, ETH, and cbETH. Coinbase is working with Morpho to power the… Read More

UK’s Allica Bank Reports Profitability and Remains Focused on SME Clients

UK’s Allica Bank, the self-described full-service digital banking platform that is dedicated to established small and medium-sized enterprises, claims it has delivered its strongest financial performance to date. This past year, the bank achieved its third straight year of profitability while significantly expanding its customer… Read More

Fireblocks Offers New Service to Enable Onchain Lending Generating Yield

Fireblocks, a Switzerland-based digital asset infrastructure provider, has launched a new service called “Earn” that enables onchain lending for its customers Fireblocks currently enables over $10 trillion in digital asset transactions across 150+ blockchains, supporting firms like BNY, Galaxy, and Revolut. Institutions using Fireblocks can… Read More

Figure Technology Solutions Reports $1 Billion+ Monthly Consumer Loan Marketplace Volume

New York-based Figure Technology Solutions (Nasdaq: FIGR), a Fintech focused on blockchain-driven capital markets, released its preliminary operating results for March and the first quarter of 2026 on April 3. The data revealed a landmark milestone: the company’s consumer loan marketplace volume topped $1.19 billion in… Read More

BitGo Prime Launches Financing Offering

BitGo Prime, a subsidiary of BitGo (NYSE: BTGO), has launched a unified, on-platform financing offering designed to give institutions collateralized borrowing and lending capabilities integrated within BitGo’s institutional platform. As institutional participation in digital assets has grown, financing infrastructure has often remained fragmented – requiring… Read More

Indonesia Fines 97 P2P Lenders $44M Over Cartel Practices

Indonesia’s antitrust agency has fined 97 peer-to-peer lending companies a combined Rp755 billion ($44.6 million) after finding them guilty of coordinating interest-rate practices in a cartel scheme, according to a report by The Jakarta Post. The Business Competition Supervisory Commission, or KPPU, said the lenders… Read More

SaveLend Alters Updates Goals as Regulatory Environment Changes

SaveLend Group AB, a Nordic Fintech that enables individuals to invest in loans, says it is updating its goals due to a changing regulatory environment. SaveLend Chairman of the Board Håkan Nyberg, stated: “With changing regulatory conditions, a divested business, and a planned application for… Read More

Philippines SEC Proposes Lifting Moratorium on New Online Lending Platforms

The Philippine Securities and Exchange Commission (SEC) has proposed lifting a moratorium on new online lending platforms, reopening the market to new digital lenders while imposing tougher capital, disclosure, and consumer-protection rules on financing and lending companies. The draft circular, published for comment on March… Read More

ZeroLend to Shutdown as Protocol is “No longer sustainable”

ZeroLend is the next DeFi platform to cease operations. In a post on X, the platform stated that its protocol is “no longer sustainable.” ZeroLend is a DeFi lending market that offers carry trades that enable yield leveraging. The website touts, Here Today. Here Tomorrow…. Read More

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