February 28, 2023
How fintech is turning its sights on syndicated loans
By admin | |
As the global loan market doubled to $20 trillion in the past 3 years, and compliance rules got tougher, the pressure for digitization has grown. Platforms can be used to conduct the entire syndication process. They are secure and audited, helping banks with compliance. They offer quicker turnaround times for secondary loan sales, freeing up bank's money.