Legacy IT Systems Lose U.S. Lenders $407 Million Every Year, Reveals New Divido Research
- 7 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.
Wolters Kluwer’s Lien Solution Launches Portfolio Sync
- 7 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.
Trade Ledger wins place in the inaugural Hong Kong-UK FinTech Bridge Program
- 7 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
- 7 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
- 7 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
- 7 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.
TurnKey Lender partners with Refinitiv
- 7 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
- 7 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.
Over half of Brits borrowing from family instead of banks
- 7 years 7 months ago
- Alternative Finance, Infrastructure
New data from the UK’s leading price comparison site, MoneySuperMarket, reveals the true extent to which Brits rely on immediate family for financial help. The data shows that over half (55 per cent) of Brits have borrowed over £100 from a family member, with the average loan reaching as high as £2,2271, meaning the UK’s total family debt runs into the billions.
Linedata to transform the lending experience with Loansquare’s digital platform
- 7 years 8 months ago
- Alternative Finance
Linedata (Euronext Paris: LIN) announces the acquisition of French start-up Loansquare, whose portal digitalizes relationships between borrowers and lenders. By acquiring Loansquare, Linedata enhances the end-to-end capabilities of its platforms and services for lenders. "I am delighted to start 2019 with the acquisition of Loansquare, says Anvaraly Jiva, Founder and CEO of Linedata. We are engaged in an ambitious process of enabling digital... more
UK consumers cast their vote on the future of the high street
- 7 years 10 months ago
- Alternative Finance, P2P Lending
Divido, the multinational white-label platform for point of sale lending, has today unveiled the results of its UK-wide research into how consumers approach high-value purchases, and subsequently what the UK high street needs to offer in order to stay relevant. The study of over 2000 UK consumers reveals that just 7% of Brits browse exclusively in-store before making a high-value purchase (identified as costing over £250) - putting pressure on... more
Sageworks rolls out new Loan Automation tool
- 8 years 2 weeks ago
- Alternative Finance
Sageworks, a financial information company that offers lending, credit risk and portfolio risk solutions to banks and credit unions, today announced the launch of the Sageworks Loan Automation tool to help financial institutions increase the speed and ease of their lending processes.
Assetz Capital celebrates success with cashback offer
- 8 years 2 weeks ago
- Alternative Finance
Leading peer-to-peer business lender, Assetz Capital, has launched a new promotion which rewards its investors with a 1% or 2% cashback bonus on newly lent funds. To benefit from the cashback offer investors simply need to invest new cash and leave it on the platform until 17th December 2018 – resulting in a 1% cash back on those funds – and if they leave those funds invested until 17th June 2019 they will receive an additional 1% cash back.... more
Assetz Capital Rewards Investors with New Refer-a-friend Scheme
- 8 years 2 weeks ago
- Alternative Finance
Leading peer-to-peer business lender, Assetz Capital, is launching a refer-a-friend scheme designed to reward its new and existing investors. The scheme, which is exclusively available now to all Assetz Capital existing investors, pays £75 when they recommend a friend or family member who goes on to invest £1,000 or more. As well as this, the new investor will receive a £50 cash bonus after just 12 months on the platform if they continue to... more
Colendi Card Launches to Empower Financial Inclusivity and Seamless Transactions
- 8 years 2 weeks ago
- Alternative Finance
Colendi, the microfinance and credit scoring protocol for the unbanked and underbanked, today announced the release of the Colendi Card, a debit loan card for spending and repayments.
