LendFoundry Blog: Digital Lending

What is Alternative Credit Scoring & Why is it So Popular?

In the finance and banking industry, lenders prefer thick credit files. The thicker the files, with more historical data about the applicants' borrowing history, better are their chances of getting their loan sanctioned, and if they have a good[...]

  • July 9, 2020

US FinTech Market Growth, Trends and Forecast

The US fintech market is growing at an incredible pace. Research reports state that the industry is seeing an 8.6% cumulative average growth rate (CAGR) which is going to continue at the same rate until the year 2024. The[...]

  • March 12, 2020

Top 10 Innovative Fintech Solutions & Offerings

Rapid advancement of technology and a new breed of entrepreneurs with keen interest and understanding of finance, have brought about fintech. One more important aspect that has boosted innovation in this industry is the thought of improving customer experience[...]

  • July 18, 2019

Key SME Financing Problem and How Can Digital Lending Address Those

Finance forms the life blood of any business. While the idea behind the product or service is the first step in bringing the business to life, in order for it go on and grow, financing is an absolute requirement.[...]

  • April 4, 2019

Digital Lending Can Help Banks Boost Their Loan Origination Revenues & Net Promoter Scores

In a world that is largely moving towards digitization and disruptive technologies such as AI and IoT, banks have been unable to incorporate and utilize these technologies into their processes, leading them to scoring the lowest customer satisfaction or[...]

  • November 22, 2018

Tips for a digital lending approach for lenders

Every newspaper that you flip through, any online website you browse - you are bound to read something about digital lending, Online lending, P2P lending, alternative lending or the multiple variants of those terms. BCG has released a report[...]

  • October 25, 2018