Financial Innovation

In the last year and a half crowdfunding API’s have opened up crowdfunding to non-profit organizations, universities, religious establishments and several other organizations with a focus on grants and development. By taking their fundraising online, these groups can raise money through group funding including peer to peer lending and crowdfunding. A crowdfunding API or Application [...]

Peer to peer lending has several financial advantages including higher returns and better interest rates at the same risk as a savings bank. Alongside the financial advantages, peer to peer lending also has enormous social advantages as well.   Peer to peer lending allows people and businesses that may not otherwise be able to get [...]

The MasterCard Foundation Announces $4.3 Million Partnership with The Smart Campaign to Strengthen Client Protection in Microfinance (via PR Newswire) Collaboration will help build a healthier, more client-focused microfinance industry Download image WASHINGTON, Feb. 28, 2013 /PRNewswire/ – The MasterCard Foundation today announced a $4.3 million partnership with the Smart Campaign to strengthen client protection worldwide. The [...]

When an individual or a business fills out a loan application, they are always asked to include a credit score. Credit scores can be a strong indicator of an individual or a businesses history of repayment and their diligence in keeping up with their financial records. However, credit scores can also be misleading or based [...]

International Funding for Microfinance Continues to Grow, Reaches at Least US$25 billion in 2011 (via PR Newswire) WASHINGTON, Dec. 5, 2012 /PRNewswire-USNewswire/ – International funding for microfinance reached at least $25 billion in 2011, CGAP’s Cross-Border Funder Survey shows. The total amount committed has increased over the past five years, though at a slower rate in [...]

Microlending is growing in the U.S. as large banks turn away small business owners. Here is the press release: September 8, 2012 — Microlending is well-established in developing countries like Bangladesh and Mexico. It also is growing in the U.S., the world’s largest economy and home to the globe’s most sophisticated financial system. Generally, many [...]

Creating, organizing and running a fundraiser can be a daunting task that seems impossible at first. Whether it’s being done individually, for a non-profit of any size or even within the largest corporations management of fundraising is a very involved and multifaceted responsibility. Someone must track all the money down the smallest details such as [...]

Stave Off a Serious Financial Crisis with Payday Loans Online Payday loans are usually the logical and more practical option of those who are facing dire situations and are in need of extra cash. In times when timely action or response is critical, one has to be able to gain access to extra funds to [...]

Managing Recession  When the word recession is mentioned, it is the poor and the middle class who suffer most. This is so because managing personal finance is the last word in the dictionary of this group of people. However, by being creative and employing some foresightedness with your personal financial planning, it becomes possible to [...]

With all the innovative platforms available online to get you started with investing in financial markets, there has never been a better time to take the plunge! The beauty of most of these platforms is they do not require any large investment and a person is allowed to invest very little to begin with. Most [...]