SoFi Expands Loan Platform Business With $2 Billion Agreement With Fortress Investment Group
- 2 months 4 weeks ago
- Lending
SoFi Technologies, Inc., a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, today announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The agreement will expand SoFi’s capabilities in its loan platform business, where the company refers pre-qualified borrowers to...
fundcraft Announces Strategic Partnership With Moonfare To Revolutionise Private Equity Investing
- 2 months 4 weeks ago
- AML and KYC
fundcraft, a leading provider of digital-native fund operations, today announced that Moonfare, the world’s leading digital platform for private equity investing, is live on its solution. Moonfare seeks to democratise private equity investing. It does so by selecting the best funds from General Partners such as KKR, Carlyle, and EQT, and offering access to these funds to eligible individual investors and family offices.
Alexandra Chiaramonti Appointed Managing Director, International At GoCardless
- 2 months 4 weeks ago
- People Moves
Bank payment company GoCardless has named Alexandra Chiaramonti the Managing Director of its international business. With this appointment, Chiaramonti also joins the GoCardless executive team. In her role, Chiaramonti is responsible for scaling the fintech’s growth outside of the UK and Ireland, with a focus on Europe and Asia Pacific.
Worldline And FinbotsAI Team Up To Put AI Credit Modelling In The Hands Of Financial Institutions
- 2 months 4 weeks ago
- Artificial Intelligence
The collaboration will bring an AI-powered solution to help financial institutions level up their lending business through a no-code SaaS model that puts the ownership of credit modelling in the hands of Worldline’s clients of all sizes globally. The FinbotsAI solution will enable financial institutions to develop & deploy credit scorecards with powerful artificial intelligence and machine learning algorithms that are embedded across the...
PXP Financial Partners With Kushki In LATAM Expansion Plan
- 2 months 4 weeks ago
- Payments
PXP Financial, the experts in global payment services, today announces its partnership with Kushki, a leading payment platform in Latin America.
Alzheimer's Society Partners With PayPoint To Revolutionise Cash Donations
- 2 months 4 weeks ago
- Infrastructure
Alzheimer's Society and PayPoint today announce a new partnership to simplify and enhance cash donations and transactions. The collaboration addresses the growing challenges for charities when it comes to handling cash, particularly as high street banks and Post Office branches become less accessible. With nearly 30% of all charity donations still made in cash, the partnership provides a timely solution to prevent any unnecessary decline or...
Token.io Partners With Santander To Steer Future Of Open Banking Payments
- 2 months 4 weeks ago
- Open Banking
Token.io, the leading account-to-account (A2A) payment infrastructure provider, today announces a partnership with Santander UK (‘Santander’). The collaboration aims to leverage Token.io’s industry-leading open banking connectivity and infrastructure to enhance Santander’s customer experiences and develop cutting-edge, real-time payment propositions.
Invex Ventures Acquires Leading Fintech Infrastructure Platform Manigo
- 2 months 4 weeks ago
- Banking
Manigo, a London-based fintech infrastructure platform, today announces that it has been acquired by established Fintech investment firm Invex Ventures.
Mobile Payments Driving Contactless Dominance In Nordics As Cash All But Disappears
- 2 months 4 weeks ago
- Payments
Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week.
Liberis Reveals Its Multi-Product Financial Platform Offering A Further Boost To Small Business Growth
- 2 months 4 weeks ago
- APIs
Liberis, the leading global embedded finance platform, is pushing new boundaries with its multi-product platform offering hyper-personalised financial solutions better than ever before. Liberis powers its partners with faster funding solutions for their customers, in more markets, to provide best-in-class financial experiences to small businesses (SMEs).
Axyon AI Secures Further €2.1 Million For Investment Round Totaling €6 Million
- 2 months 4 weeks ago
- Fundraising News
Axyon AI, a pioneering Italian AI fintech company which improves asset manager performance by delivering alpha opportunities via AI-based rankings and AI model strategies, has successfully closed a further €2.1 million in funding.
Experian UK&I Marks Next Step In Fraud Prevention With Sardine Partnership
- 2 months 4 weeks ago
- Compliance
Experian UK&I today announces a new partnership with Sardine, the leader in behavioural biometrics and device intelligence-based fraud prevention. As online attacks and scams become increasingly sophisticated with the use of GenAI deep fakes, mobile emulators, advanced bots, and VPNs, it's critical for businesses to identify genuine customers to prevent fraud losses and meet evolving compliance requirements, including Know Your Customer (KYC...
Metro Bank Plans To Collaborate With PEXA To Deliver Frictionless Conveyancing
- 2 months 4 weeks ago
- Lending
PEXA, the world leader behind the first digital property exchange process, today announced that Metro Bank plans to work with them to explore how to make the re-mortgaging journey for their customers faster and easier. The goal is to deliver quicker post-offer processes, faster remortgage completion times and greater transparency for Metro Bank’s customers and brokers, all while building greater capacity for the bank.
Ebury Opens New Zealand Office Bringing Essential Competition To Financial Services Sector
- 2 months 4 weeks ago
- Trading Systems
Ebury, one of the world’s fastest-growing global fintechs, has opened its first office in Auckland, New Zealand. With this strategic expansion, the company aims to support the growth of Kiwi SMEs trading internationally and provide innovative and accessible solutions to traditional providers in the region.
Wirex Pay Innovates DeFi Space With Launch Of Node Rewards In WPAY
- 2 months 4 weeks ago
- Financial
In a significant development for decentralized finance, Wirex Pay, incubated by the pioneering digital payments platform Wirex, has unveiled its state-of-the-art Wirex Pay Node Rewards Center. This innovative platform is set to revolutionize how Wirex Pay Node License holders manage and earn rewards.