Fintech Loans News Today

SME financing, catering to the financial needs of SMEs, has gained traction globally due to several interconnected factors.

Amid regulatory concerns, top Indian banks and non-bank lenders have advised fintech partners to reduce issuing small personal loans. Paytm on Wednesday announced it will go slow with loans below 50,000 rupees, aligning with RBIs cautionary stance on personal loans and NBFC lending due to rising risk concerns, prompting lenders to reconsider their lending strategies.

Starting next year, fintech firms can only charge a maximum of 0.3% interest per day for a loan intended for consumption which will fall to 0.1% in 2026, the countrys Financial Services Authority (OJK) said. Currently the maximum is 0.4% interest per day.

Fintech software has revolutionized the financial industry, providing businesses and individuals with powerful tools to streamline financial processes,

Fintech loans have emerged as a game-changer in the financial industry, revolutionizing the way individuals and businesses access credit. As technology

Kenyans are giving tales of pain including the sale of personal assets to get creditors off their backs.

Residents share horror tales of high costs and being harassed and debt-shamed by lenders after they defaulted on their mobile loans.