Amazon India is integrating its first small business lender via API into the Amazon Lending marketplace; India’s Flexiloans will allow...
Over the years Amazon has received lots of scrutiny from the public; however one area that is often overlooked is...
Amazon Lending first launched in 2011 and now is partnering with Bank of America Merrill Lynch according to sources; Amazon invites sellers to the program which provides loans between $1000 and $750,000; in June, 2017 Amazon announced it had lent $1 billion over the previous 12 months; recent reports show that Amazon has slowed growth of the product in 2017 to better understand credit risks. Source
The FT is reporting that growth has slowed dramatically in recent years for Amazon’s small business lending operation; citing the...