MoonPay Recurring Buys Now Live In The U.S.
- 20 hours 28 min ago
- Lending
MoonPay, the leading global crypto payments company, announced today that its Recurring Buys feature is now available for users in the U.S., enabling them to automate repeat crypto payments. First unveiled to European users in January, Recurring Buys allows you to “set and forget” repeat crypto purchases made with your MoonPay Balance – MoonPay’s product feature that lets you deposit funds to your account for instant zero-fee purchases.*
One In Ten (9%) Parents Forced To Turn To Illegal Lenders In The Last Year
- 20 hours 48 min ago
- Lending
One in ten (9%) parents with children under 18 say they’ve been forced to turn to illegal lenders in the last year, shows new research from responsible lender, Creditspring. This is more than double the UK average of 4%, prompting concerns over the long-term financial stability of many families. Overall, almost two million UK adults have borrowed from illegal lenders in the last 12 months*.
PayPal Surpasses $30B In Global Small Business Lending
- 1 day 16 hours ago
- Lending
PayPal Holdings, Inc. today announced it has passed $30 billion in global loan originations* and has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts globally since 2013, filling a critical gap for small businesses looking for capital to maintain a healthy cashflow and grow.
Incredible Partners With Monevo
- 1 day 20 hours ago
- Lending
Incredible, a leader in simplifying credit card repayments, announces a strategic partnership with Monevo, a credit eligibility platform. This collaboration aims to empower consumers to manage credit card payments more effectively, regardless of their credit scores.
Trade Ledger And Bank Of Queensland Group Announce Landmark Long-Term Partnership To Revolutionise Asset Finance Lending In Australia
- 2 days 21 hours ago
- Lending
Trade Ledger, a global leader in digital lending technology, and Bank of Queensland Group (BOQ) have entered a groundbreaking long-term partnership to revolutionise asset finance lending for small and medium-sized enterprises (SMEs) and corporate clients serviced by the Group’s Finance division. This landmark collaboration will modernize BOQ’s asset finance lending ecosystem, delivering faster, seamless, and highly accessible financial solutions... more
Affirm and Adyen Bring Longstanding Partnership to UK
- 1 week 48 min ago
- Lending
Adyen, the global financial technology platform of choice for leading businesses, today announced that it has expanded its partnership with Affirm Holdings, Inc., the payment network that empowers consumers and helps merchants drive growth, to the U.K.
Finastra Unveils Enhanced Lending Cloud Service Supported By IBM
- 1 week 1 day ago
- Lending
Finastra, a global provider of financial services software applications, and IBM today unveiled their collaboration on an enhanced cloudbased lending managed services offering. Finastra’s Lending Cloud Service (LCS) offers comprehensive and cost-effective services for its Corporate Lending solutions -- Loan IQ, Trade Innovation and Corporate Channels – and is supported by IBM for Finastra clients in North America and Europe.
Five Years On: Start Up Loans Data Shows Surge In Loans Taken Out In The Post-Pandemic Era
- 1 week 1 day ago
- Lending
Five years since the first Covid 19 lockdown, data from Start Up Loans shows there has been a surge in aspiring entrepreneurs taking out finance to bring their businesses to life. In the five years since the start of the pandemic, there has been a 21% increase in the number of first loans delivered by the programme, which is part of the British Business Bank, in comparison to the five-year period prior.*
Grasshopper Taps Top Talent To Expand And Digitize Its Lending Operations
- 1 week 2 days ago
- Lending
Grasshopper, the client-first digital bank built for the business and innovation economy, today announced the addition of numerous strategic hires to its lending team.
Equifax UK Launches Cloud-Native Intelligence Suite For Commercial Lenders
- 1 week 2 days ago
- Lending
Equifax UK has launched a new suite of solutions for commercial lenders, drawing on its fully cloud-native commercial data platform to help clients meet key business challenges with speed and agility. The Business Intelligence Suite™ harnesses cloud-hosted Commercial Credit Data Sharing and Insight attributes across a range of products to help Equifax UK clients make better decisions throughout the commercial customer lifecycle. The suite of... more
Cash App Begins Rollout Of Afterpay’s Pay Over Time Offering At Hundreds Of Thousands Of Merchants
- 1 week 3 days ago
- Lending
Starting this week, eligible Cash App customers will begin to have access to Afterpay’s leading pay over time products when shopping online at partner merchant sites. In recognition of this change, Cash App and Afterpay, part of Block, Inc., have debuted an evolved brand, Cash App Afterpay, with a new logo for their checkout to expand access to a seamless Pay Over Time experience from one of the most preferred and trusted brands in the market... more
SoFi Expands Loan Platform Business With $5 Billion Agreement With Blue Owl Capital Funds
- 2 weeks 28 min ago
- Lending
SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan Platform Business agreement to date.
Mastercard Partners With CredibleX To Empower SMEs With Enhanced Access To Financing
- 2 weeks 28 min ago
- Lending
In a new collaboration, Mastercard’s Small Business Credit Analytics (“SBCA”) will now be integrated into CredibleX’s embedded financing journey. This innovative partnership, the first utilization of this product in the region, provides CredibleX with enhanced data-driven insights based on anonymized and aggregated transaction data. It will empower small and medium enterprises (SMEs) by enhancing and simplifying their access to financing.
Československá Obchodní Banka (CSOB) Selects the nCino Platform to Modernize Commercial & SME Lending
- 2 weeks 1 day ago
- Lending
nCino, Inc., the leading provider of intelligent, best-in-class banking solutions, today announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending operations.
Rapid Finance Helps Community Financial Institutions Scale SMB Lending and Boost Non-Interest Income With Its Integrated LOS and Funding Network
- 2 weeks 2 days ago
- Lending
At ICBA LIVE, Rapid Finance has announced a significant enhancement to its Decisioneer loan origination software – seamless, one-button integration with the trusted Rapid Finance Funding Network. This powerful enhancement now unlocks new non-interest income streams for community banks when effortlessly referring loan applications that fall outside their lending criteria.
