Lending App News Today

The robust demand for credit in the Indian market reflects the dynamic evolution of our fintech landscape, symbolising both the economic strength of our nation and the ambitious aspirations of our people.

Peloton Interactive Inc (NASDAQ: PTON) reported a first-quarter FY24 sales decline of 3% year-on-year to $595.5 million, beating the consensus of $591 million. 

Peloton Interactive Inc (NASDAQ: PTON) shares are trading higher by 6.98% to $5.90 Friday morning, despite a lack of company-specific news for the session.

Peloton Interactive Inc (NASDAQ: PTON) shares are down following its mixed Q4 results. 

JACKSONVILLE, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- LawFi, Inc., (“LawFi”) the startup Legal Fintech company developing the first-of-its-kind Legal Fee...

JACKSONVILLE, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- LawFi, Inc., (“LawFi”) the startup Legal Fintech company developing the first-of-its-kind Legal Fee...

The latest funding values the start-up, co-founded by Puneet Agarwal and Sanjay Aggarwal, at $ 625 million, it said in a statement on Wednesday.

The certificate has been cancelled on account of supervisory concerns such as gross violations of RBI directions on outsourcing and KYC norms, the top bank said in a statement.

NEW DELHI: Fintech experts believe that the Union government needs to be more proactive in rooting out the menace of predatory digital lending apps. This includes taking a firmer stand against such apps of Chinese origin. “Ministry of electronics and information technology (MEITY) has carried out multiple rounds of app bans. However, it has never banned any lending app based out of China. They are sometimes even more dangerous for an individual’s privacy than gaming apps. RBI too has not a...

Black credit grew strongly in 2020 when many people lost jobs because of Covid-19 and faced financial problems.