Latvian P2P Lender Grupeer Confirms that Recollecta has Taken Over its Debt Collection, Management of Repayment Process

October 10, 2020 @ 10:08 am By Omar Faridi |

Latvia-based peer to peer (P2P) lender Grupeer noted on October 7, 2020 that Recollecta has taken over its debt collection and management of the repayment process. This should help speed up repayments to the platform’s investors, the lender claims. The Grupeer team confirmed that they… Read More

Social Impact Fintech Chipper Launches Mobile Feature For Student Loan Repayment After CARES Act Expires

September 16, 2020 @ 10:19 am By Samantha Hurst |

Chipper, a U.S. social impact fintech, announced on Wednesday the launch of Explore, which is a feature designed to transform the way student loan borrowers navigate the complex repayment process after the CARES Act expires in December. According to Chipper, the feature enables borrowers to… Read More

Read more in: Fintech, General News | Tagged cares act, chipper, fintech, repayments, social impact, student loans, students

Latvia’s P2P Lender Grupeer Provides Update Regarding Current Repayment Status and Debt Collection Processes

September 7, 2020 @ 12:25 pm By Omar Faridi |

Latvia-based peer to peer (P2P) lender Grupeer has provided an update regarding the current status with the repayments and debt collection processes on its platform. The Grupeer team noted that, as its clients already know, since April 2020, the lender had suspended its “economic activity.”… Read More

Fintech Lenders in India are Trying to Implement RBI’s One-Time Loan Restructuring Scheme

September 4, 2020 @ 8:33 pm By Omar Faridi |

Fintech lenders in India are reportedly looking for ways to implement the Reserve Bank of India’s (RBI) loan restructuring scheme. Non-bank Indian companies and online lending platforms are trying to rework their loan collection and overall business strategies, according to the ET, which cited sources… Read More

Real Money Management Professional Laura Whateley from Zopa Recommends Repaying Towards Debts As Soon As Possible

August 2, 2020 @ 9:49 pm By Omar Faridi |

Laura Whateley, a real money management correspondent at Zopa, a Fintech lender and digital bank, notes that at the beginning of the COVID-19 pandemic, it wasn’t really clear how our finances would be affected, and that might still be the case for many individuals and… Read More

UK-based Fintech Thought Machine Launches Customizable Smart Contracts for Repayments

November 7, 2019 @ 6:38 am By Omar Faridi |

London-based Thought Machine, a Fintech firm that aims to address the banking sector’s dependence on legacy IT infrastructure, revealed on November 6 that it’s launching “Vault Rare.” Vault Rare is a new product that will be integrated on top of Thought Machine’s cloud-native banking platform,… Read More