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 loan origination partners as well as originates loans on behalf of third parties.

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 value chain; from data to decisioning, for both individual and business lending.

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. 

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.

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 delay in donations received due to logistical challenges posed.

PXP Financial, the experts in global payment services, today announces its partnership with Kushki, a leading payment platform in Latin America.

Manigo, a London-based fintech infrastructure platform, today announces that it has been acquired by established Fintech investment firm Invex Ventures.

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).

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week.

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.