AI.io’s Post

18 Best Practices For Navigating Microloan Lending #payments #fintech #paymentsolutions http://ow.ly/ZLCi30sCzOu

What is fintech lending?

For firms engaged in microloan lending, the challenges can be significant. There are approximately 5.4 million SMEs in the UK of which firms with 0-49 employees make up 99.2%. Speed of onboarding, minimising data collation friction, super-fast decisioning and keeping costs low are just some of the operational requirements needed to achieve competitiveness. In the attached article, #ezbob CEO Tomer Guriel shares his thoughts along with 18 other Forbes council members on what constitutes success in this sector.

Fintech Association for Consumer Empowerment (FACE) member companies disbursed loans worth Rs 29,875 crore during Q1 FY23-24, indicating a 32% annual increase and a 7% growth from the preceding quarter, as per a FACETS report. Read the report here👇 #fintech #fintechassociationforconsumerempowerment #facetsreport #report

Navigating the complexities of Microloan lending and ensuring successful implementation can be daunting for fintech companies. ezbob's Co-Founder and CEO, Tomer Guriel, a member of the Forbes Finance Council shares his take on strategies that can help organizations not only improve the customer experience but also mitigate risks associated with microloan lending. https://lnkd.in/ddafm4V6

P2P lending reshapes finance! Direct, transparent, and inclusive. Bahaa Abdul Hussein's blog explores its rise, diversification benefits, and potential for a fintech-driven future. https://lnkd.in/gRvzMQb3 #P2PLending #FinancialInclusion #FintechRevolution

For lenders and banks: looking at the priorities in digital lending technology. #fintech #lendtech #digitallending #proptech https://lnkd.in/ekuURujt

Fintech businesses have incorporated innovative technology that have simplified loan application procedures, minimized approval delays, and offered a transparent lending experience that addresses the distinct financial requirements of low-income borrowers.  And to know how else these technologies has influenced the sector, please, follow the article. #under30ceo #fintech #innovation #personalcredit #borrowing #loans https://lnkd.in/dF8dtmHJ

Banks and FinTech Forge New Paths in Evolution of SMB Lending This article explores the shifting landscape of small business lending, where traditional banks are increasingly partnering with FinTech and alternative credit providers. Amid declining approval rates for loans from traditional channels, new collaborations are emerging to bridge the gap, leveraging digital platforms and alternative data sources. These partnerships aim to enhance access to capital for small and medium-sized businesses, reflecting a broader trend towards innovative financing solutions in a challenging economic environment. #SmallBusinessLending #Fintech #FinancialInnovation. https://lnkd.in/egsye324

Check out my thoughts published in Forbes Business Council on valuable lessons we can learn from p2p lending platforms. What is your take on the topic? Let's discuss! https://lnkd.in/gix6mC5D #FinTech #Innovation #P2PLending