Legacy IT Systems Lose U.S. Lenders $407 Million Every Year, Reveals New Divido Research
- 6 years 3 months ago
- Banking, Alternative Finance
Divido, the multinational white label platform for point-of-purchase lending, has today released the findings of its latest research, The Global Lending Report. The report provides insights and trends into the future of the global point-of-sale lending market.
Paysend Joins Seedrs for Crowdfunding Campaign
- 6 years 3 months ago
- Crowdfunding
Paysend is launching a crowdfunding campaign on Seedrs.com
Wolters Kluwer’s Lien Solution Launches Portfolio Sync
- 6 years 4 months ago
- Alternative Finance
Wolters Kluwer’s Lien Solutions has launched Portfolio Sync, a first-of-its-kind lien management solution designed for lenders who use multiple methods of submitting Uniform Commercial Code (UCC) filings.
BANKEX, Fusion Foundation to Provide Digital Funding Platform for SMEs
- 6 years 4 months ago
- Blockchain, Fund Management, Investment Management, Crowdfunding
Fusion Foundation, the non-profit open source o
P2P Investors Increase the Investment Size by 30% After the First Month
- 6 years 4 months ago
- Investment, P2P Lending
The European P2P platform Robo.cash has analyzed the average investment made within the first months of investing. The results show that the average investment increases by 30% after the first month of investing on the platform and by another 10% - after the second one.
Trade Ledger wins place in the inaugural Hong Kong-UK FinTech Bridge Program
- 6 years 5 months ago
- Alternative Finance
The world’s first open banking business lending platform, Trade Ledger, has won a place in the inaugural Hong Kong-UK FinTech Bridge Program announced last night (29th April 2019) at a special event hosted at Mansion House by the Lord Mayor of London. In just three years Trade Ledger has established its ground-breaking business lending platform on three continents. This latest achievement means Trade Ledger is the first global technology... more
Esme Loans Hits £50 Million of Lending to UK Businesses
- 6 years 5 months ago
- Alternative Finance
Esme Loans, the standalone digital lending platform for SMEs and scale up businesses has today announced that it has now lent over £50million to UK businesses. The lender has seen a continued period of strong growth in the run up to today’s announcement, following an uplift in lending of 337% between 2017 and 2018.
TurnKey Lender Receives an Accreditation From IMDA Singapore
- 6 years 5 months ago
- Alternative Finance, P2P Lending, Cloud
TurnKey Lender, the market’s leading provider of lending automation solutions and services, has received accreditation from IMDA Singapore - a statutory board in the Singapore government. The Accreditation@SGD program is focused on accelerating the growth of innovative technology companies by selecting the best ones and helping them establish credibility in the eyes of local and international partners.
Assetz Capital springs into ISA season with new 2% cashback offer
- 6 years 5 months ago
- Alternative Finance
Assetz Capital is kicking off the new ISA season by boosting returns for new and existing investors with up to 2% cashback on all new investments. Terms and conditions apply. To benefit from the cashback offer, users simply have to lend new funds through any of the peer-to-peer business lender’s investment accounts between 6th April and 31st May 2019.
Esme Loans to begin offering loans to sole traders
- 6 years 6 months ago
- P2P Lending
Digital lending platform Esme Loans, has today announced that it will now offer its loans to UK businesses operating as sole traders. Under its extended proposition, sole traders will be able to obtain loans from £25,500 - £150,000, for up to five years.
TurnKey Lender Launches Psychometrics: the New Word in Credit Decisioning
- 6 years 6 months ago
- P2P Lending, Security, Risk Management, Infrastructure
TurnKey Lender, a provider of intelligent lending automation, decision management, and risk mitigation solutions, announces the launch of a new app called TurnKey Lender Psychometrics. It allows lenders worldwide to safely evaluate borrowers even in cases when there’s no access to their credit history, bank accounts or other relevant personal data.
Kontomatik enters Southeast Asian market
- 6 years 6 months ago
- microfinance
Kontomatik starts operating in the Philippines and Indonesia, with further expansion plans in the SEA region, as the first Polish company delivering new data source for alternative credit scoring based on financial transaction data to consumer finance and micro-lending companies in SEA.
FICO Survey: UK Car Buyers Shifting Toward Online Financing
- 6 years 6 months ago
- P2P Lending, Data, Infrastructure
Car buyers in the UK are finding more of their financing online. That data comes from the second annual survey on auto financing conducted by leading analytic software firm FICO, which showed that:
TurnKey Lender partners with Refinitiv
- 6 years 6 months ago
- Alternative Finance, Data
TurnKey Lender, an award-winning provider of decision management and lending automation solutions for lenders, has signed a partnership agreement with global financial data provider Refinitiv – formerly the Financial and Risk business of Thomson Reuters. As the teams cooperate to develop global cross-promotional marketing and sales campaigns both companies expect to see significant benefits for their clients. The ultimate goal of the partnership... more
Fintech helps the informally employed to access to finance
- 6 years 6 months ago
- Alternative Finance
The real scale of informal employment in developing countries is incomparably higher than the volume of goods and services produced in the informal sector. The longer traditional methods of assessing the real earnings of the population fall behind, the more customers alternative lending can expect, found Robocash Group.