Lendable Inc. ("Lendable" or the "Firm"), a leading emerging market fintech credit provider, is targeting a ground-breaking $100 million closed-ended fund focused on emerging and frontier market fintech investments.

The Lendable MSME Fintech Credit Fund (the "Fund") is designed to unlock access to financial services for over 150,000 Micro, Small and Medium Enterprises (MSMEs), providing investors with high impact exposure to important markets and the potential of high uncorrelated returns.

SIX today launches its “SIX Tax on Instrument” service to provide client advisors and portfolio managers in the Wealth Advisory industry with tax classifications on individual securities. The service allows users to analyse the tax consequences of financial products, to anticipate the tax-related costs of an investment on that security and to find better investment options.

For a long time, contactless payment with a smartphone was only possible with methods such as Apple Pay or Google Pay. Apple has still not opened its NFC interface for other payment solutions. But with the new Computop Close-by service, the use of NFC signals for payment is about to become much easier for retailers and service providers. Using this solution, the payment process will shift to the smartphone - without an app and without registration. 

* Interact Switch designed to counter customer attrition rates in the mortgage sector
* Ensures mortgage lenders remain at the cutting-edge of technology innovation in financial services
* The launch of Interact Switch will enable mortgage lenders to improve their Environmental and Social Governance (ESG) offering.

UK-based financial technology specialist ieDigital has announced the launch of Interact Switch, a digital solution designed to help mortgage lenders retain customers at product offer maturity.

The world’s premier financial services conference, Sibos 2021, takes place on October 11-14.  David Rafalovsky, Sberbank executive vice president, Sber CTO, and head of Technology,  participated in this year’s event. He held a conversation about how Sber transformed from a  financial institution into a tech company. 

BCS Global Markets (“BCS GM”), the investment banking services division of Russia’s largest independent broker, has appointed Julien Mareschal as a new Chief Risk Officer at BCS UK.

• New business model: Pleo expands its European services and moves into the free price segment with its new ‘Free’ product offering.

• The new strategy comes as the scale-up moves to establish itself as a go-to spending solution for forward-thinking teams.

The mobile app is planned to communicate with GBT’s AI engine for intelligent health monitoring and alert capabilities

National Funding, Inc., one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $60.0 million senior secured warehouse line of credit. The facility, which includes an accordion to expand to $75.0 million, was provided by a prominent U.S.-based commercial bank. The facility will continue to be used by the Company to fund new originations and support additional growth of the platform.

Amazon Connect users across the globe can now leverage PCI Pal’s secure payments solutions for additional payment security and compliance options

the global provider of secure payment solutions – today announced a new integration with Amazon Connect to offer its customers worldwide with additional options for payment security and compliance with PCI Pal omnichannel secure payment solutions.