Avant, a leading financial technology company that has helped over a million customers get access to credit cards and personal loans, announced that it has reached a settlement with the State of Colorado resulting in a new safe harbor that brings responsible, transparent lending to Colorado borrowers and protects them against abusive, high-cost credit programs.
ezbob, an established technology provider that powers the digital SME lending arm of several UK banks has today announced that it has submitted its proposal for part of the BCR’s (Banking Competition Remedies) £100m Pool E.
Curve Credit, the credit subsidiary of Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has now opened its waitlist for customers who want early access to its world first Curve Credit product when it hits the market later this year.
The COVID-19 pandemic has affected nearly every sector, including the P2P lending market, which demonstrated a decrease in funding volumes during March and April. However, analysts of Robo.cash are confident that the European P2P lending platforms will resume their growth in summer.
The software platform that removes key biometric data from photos and videos continues to protect industries and individuals
Sopra Banking Software announces the go-live of its Cassiopae leasing and lending software at Hyundai Capital America (HCA). Cassiopae, part of the Sopra Financing Platform, is now the servicing engine for HCA’s lending lifecycle. A key milestone in Hyundai’s global Next Generation System rollout, the US go-live follows Cassiopae implementations at HCS in Korea and Hyundai China (BHAF).
Freetrade, the smart app that makes investing easy for everyone, has defied the Covid-19 lockdown to raise £7m from more than 8,000 people. Working with Crowdcube, the company exceeded its £1 million target in just 4:33 minutes from existing shareholders before going on to raise £7m in five days. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year.
52% of P2P investors keep the same volume of savings during the pandemic The results of a recent poll conducted by the European P2P platform Robo.cash show that just over a half of P2P investors remain calm towards their current savings during the pandemic and do not rush with decisions.
Following 500% growth in the past 12 months, Freetrade, the smart app that makes investing easy for everyone, has raised £4.5m from more than 5,000 people in just four hours. Working with Crowdcube, they exceeded the £1 million target in just 4:33 minutes and raised £3m from existing shareholders before opening the campaign to their customers. Freetrade’s fundraise is the largest equity crowdfunding campaign to be completed in the UK this year... more
HPDLendScape, a leading secured lending platform vendor, today announces new upgrades to its supply chain finance (SCF) solution. The new enhanced solution will make it simpler and faster for lenders to onboard and support buyers and suppliers, giving businesses more streamlined access to much needed working capital during the COVID-19 pandemic.
Chip, the clever app that automatically saves up money for you, shares its growth opportunity with its investor community as 4,240 people invest £2,575,096 to fuel the firm's progress. Working with Crowdcube, the private round exceeded its £1 million target within hours, making it the largest equity crowdfund to be completed in the UK since the lockdown started.
Sopra Banking Software released on March 31 Cassiopae V4.7, a leasing and lending application, which is part of the company’s Sopra Financing Platform. The company met the ambitious release date announced ten months ago. The new release, Cassiopae V4.7, includes an enhanced digital portal for dealers and merchants, credit card processing via electronic payment partners, revolving credit for individuals, and improvements in the management of real... more
Recently, the P2P platform Robo.cash completed a survey of European P2P investors dedicated to their financial results in 2019. Over half of participants said that the alternative lending brought them the highest returns last year. The company expects that despite the coronavirus pandemic, the segment will keep the leading positions in 2020.
Curve, the banking platform that consolidates multiple cards and accounts into one smart card and app, has become one of the first companies in Europe to provision numberless cards. Investors from Curve’s record breaking crowdfunding round will be amongst the first in Europe to benefit from the innovative technology when they receive their card in the coming weeks.
Smartlands Launches Private Stage of Equity Crowdfunding Campaign on Seedrs; Early Birds to Receive Exclusive Golden Smartee Co-Owner Payment Card
Global blockchain-based investment and digital banking ecosystem Smartlands, has today launched a funding round on Seedrs to sell 2.53% of equity stake at a pre-money valuation of £15,400,000. Currently in private mode, early investors in the campaign will get priority access to this investment opportunity and receive a unique golden Smartee co-owner payment card - a Smartlands-powered digital banking-like service that will offer exciting... more