LendFoundry Blog: Digital Lending

Digital Lending: How Technology Transforms Lending Market

The year 2020 brought along unthinkable challenges for mankind. The global pandemic crippled economies across countries. Individuals and small businesses were brought to their knees while the giants kept themselves from toppling over by conducting large scale downsizing. As[...]

  • March 18, 2021

Best Alternatives To Merchant Cash Advances

Merchant cash advances are similar to paycheck advance in theory. The basic difference being that paycheck advance is meant for individuals while merchant cash advances are meant for businesses, mainly small businesses. Businesses such as retail stores, medical offices,[...]

  • March 11, 2021

Why Should You Use A Cloud-Based Loan Origination and Loan Management Platform?

Automation and cloud computing have brought in a whirlwind of change globally and the financial services industry is no exception. As such, traditional banks and lenders all over the world are now looking to adopt and implement these disruptive[...]

  • February 11, 2021

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