Findings on the impacts of microcredit continue to evolve. Early evidence from randomized evaluations in low- and middle-income countries showed that the classic microcredit model did not lead to...
South African fintech startup Lulalend, a digital lender catering to underserved small and medium-sized enterprises (SMEs), has raised a US$35 million Series B funding round to help it scale...
The House of Representatives has resolved to investigate the activities of illegal financial technology companies and mobile application lenders who threaten debtors for failing to repay loans. At the...
Stilt, a US provider of loans and financial services for immigrants, has raised $14 million in a Series A funding round. The round was led by Link Ventures and...
Financial technology or Fintech has completely changed the face of traditional financial services industry. Customers don’t need to visit financial institutions physically anymore. They don’t have to stand in...