Responsible lender, Creditspring, provided borrowers with over £95 million in affordable credit during the first six months of 2024, up 82% from £52.4 million in H1 2023.

Despite inflation easing, demand for affordable, short-term credit options remains high. During H1 2024, Creditspring received over seven million applications from borrowers who are locked out of mainstream credit options. 

Brankas and Boost Capital have launched LoanLink, the first chat-based lending solution of its kind in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications.

finova Broker, formerly the eKeeper Group and part of finova, the UK’s largest cloud-based mortgage and savings provider, has announced its successful integration with Cashflows, the platform that makes it easier to accept payments digitally. This new feature allows mortgage brokers to seamlessly take payments for administration and processing fees directly within the finova Broker CRM or passed directly to the customer via an email link.

Iress today announces that Rathbones Group PLC (Rathbones) is now live on its Xplan advice software to support Rathbones' current financial planning business. Xplan will also be the financial planning platform of choice for Rathbones' upcoming integration with Investec Wealth & Investment, further enhancing the firm’s digital capabilities and enabling improved operational efficiency and client service.

Octane® (Octane Lending, Inc.®, the fintech revolutionizing the buying experience for major recreational purchases, announced that it has closed its Series E funding round with $50 million in new equity capital. Octane has raised $242 million in total equity funding to date.

Qardy, the first digital lending marketplace in Egypt and the MENA region for financial institutions to fund MSMEs (Micro, Small, and Medium Enterprises), is proud to announce that it has successfully secured a $ 7-figure pre-seed round of investment, with participation from White Field Ventures and Vastly Valuable Ventures among other Angel Investors. This significant milestone underscores the confidence that investors have in Qardy’s innovative approach to financial services and its potential for growth.

BMG Money proudly announces its strategic partnership with Salt Lake City, Utah-based WebBank, to provide access to significantly lower cost loan solutions to underserved communities across the United States.

Microsoft and dLocal are thrilled to announce a landmark partnership to integrate cutting-edge Artificial Intelligence solutions into the financial technology sector. The partnership was announced at an event held at Microsoft’s AI Innovation Lab in Montevideo today.