LendFoundry Blog

Explore the latest on Lending Technology

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

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 [...]

  • July 9, 2020
The Paycheck Protection Program Comes as a Saviour for Small Businesses in the US

The Paycheck Protection Program Comes as a Saviour for Small Businesses in the US

In February 2020, the US President set up the Coronavirus Task Force and appointed Secretary Mnuchin to head it. The taskforce and Treasury worked together to provide direct and fast relief to one of the worst-hit sectors of the US, the sma [...]

  • April 9, 2020
FinTech + SME Automation Solutions

FinTech + SME Automation Solutions

When Fintech first started providing automation solutions to SMEs and MSMEs, they started with the basic processes, i.e., documentation of all transactions and financial bookkeeping. Both these processes had always been manual and were pron [...]

  • April 2, 2020
US FinTech Market Growth, Trends and Forecast

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 way fintech has [...]

  • March 12, 2020
How FinTech is transforming the US Financial Sector

How FinTech is transforming the US Financial Sector

Fintech might be becoming a buzzword in the world just now, but it has been doing steady rounds in the banking and financial sector for a few years now. The US has been one of the foremost countries to spot the true potential of the fintech [...]

  • February 27, 2020
Fintech Disruption

Fintech Disruption

The world has moved on to a new way of getting things done, through technology. In today’s date, there’s hardly any product or service that does not have an iota of technology woven into its being. So, when something so dynamic as techn [...]

  • February 6, 2020
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