SimpleFinance Attracts $15M in Second Round with SBI Investments
- 8 years 1 week ago
- Alternative Finance, P2P Lending
SF Holdings Company Plc, parent of MCC SimpleFinance LLC (“SimpleFinance” or the “Company”), a fintech platform providing accessible lending to small and medium-sized Russian businesses, has completed a USD 15 million equity fundraising round with an investment from the SBI Group (“SBI”).
Spotcap Issues Quarter of a Billion in Credit Lines to Businesses
- 8 years 2 weeks ago
- Alternative Finance
Global fintech lender Spotcap has issued more than EUR 250 million in credit lines since its launch in 2014. The company combines robust credit assessment principles with innovative technology to offer a smooth and straightforward loan experience. The fintech undertakes cash flow based, rather than credit-score based underwriting, resulting in a fair assessment of the real-time performance of a business.
Unity Bank streamlines lending processes with Finastra
- 8 years 1 month ago
- Alternative Finance
Unity Bank, whose holding company is based in Augusta Wisconsin, and which has branches in Minnesota, has selected Finastra’s Total Lending solution to streamline its commercial lending and consumer lending processes, including its agricultural lending business.
New FICO and Equifax RegTech Solution Can Help Lenders Meet Affordability Requirements
- 8 years 3 months ago
- Alternative Finance
As the UK’s Financial Conduct Authority pursues measures to stop consumers becoming trapped by persistent debt, two industry leaders in credit risk management have joined forces to help lenders make better lending decisions.
Divido launches first multinational B2B finance solution for point of sale
- 8 years 3 months ago
- Alternative Finance
Divido, the retail finance platform, is today extending its proposition to provide a B2B finance solution at the point of sale across Europe. In partnership with its panel of specialist business lenders, Divido’s platform now allows retailers to offer B2B finance to their business customers at the checkout to increase sales.
Finitive Launches Alternative Lending Investment Platform With $1.3 Billion Of Initial Transaction Volume
- 8 years 5 months ago
- Alternative Finance
Finitive LLC (www.finitive.com), a financial technology platform providing institutional investors with direct access to alternative lending investments, announced today the launch of its zero-fee platform. Finitive, which commenced operations in August 2017, has received commitments for transactions with an aggregate capacity of $1.3 billion. Several asset managers and banks have committed capital for transactions in the consumer, renewable... more
Tic:Toc Selects MuleSoft to Power Instant Online Home Loan Service
- 8 years 11 months ago
- Alternative Finance
MuleSoft (NYSE: MULE), the leading platform for building application networks, today announced that financial services startup Tic:Toc has selected MuleSoft's Anypoint Platform™ to power it’s real-time home loan approval system.
Global Online Lender Issues €120M In Credit Lines to SMEs
- 8 years 11 months ago
- Alternative Finance
In three years, online lender Spotcap has issued more than €120 million in credit lines to small and medium-sized enterprises (SMEs). The fintech also raised an additional €22 million of equity and debt funding from its existing investor network. It has now raised €100 million of investment since its launch in September 2014.
FMS.next Alternative Finance platform Powered with More FinTech Functionality
- 9 years 5 months ago
- Alternative Finance
Profile Software, an international financial solutions provider, today announced the latest upgrade in the FMS.next Alternative Finance platform, to offer enhanced capabilities for “Auto-investing” that further boost the marketplace lending processes.
Fully online mortgage experience with Chase
- 9 years 7 months ago
- Alternative Finance
Chase will launch later this year a self-serve online mortgage platform that offers simpler and faster loan process for consumers. It will allow customers to track a loan application through closing entirely online or from any mobile device. Chase’s new platform will help empower more consumers to manage their loan application while continuing to offer the full service of Chase’s branch and call center network. Customers now have even more... more
4finance Marks EUR 4 Billion Loans Milestone
- 9 years 7 months ago
- Alternative Finance
4finance Group S.A. (the “Group”), Europe’s largest online and mobile consumer lending group, announces that it has issued more than EUR 4 billion in loans since the Group was established in 2008. The milestone, passed in January 2017, follows a year of accelerated growth for 4finance in which it issued more than 3.5 million loans across 17 countries, totalling over EUR 1.1 billion, more than any previous year.
Green Country FCU Selects Portico and Integrated Technology from Fiserv to Support Growth and Boost Business Lending
- 9 years 9 months ago
- Wholesale Banking, Alternative Finance
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Green Country Federal Credit Union, based in Sand Springs, Oklahoma, has selected Fiserv as their technology partner as they work to drive progressive growth.
Three Credit Unions select Fiserv for tech transformation
- 9 years 9 months ago
- Wholesale Banking, Alternative Finance
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that three credit unions will be utilizing Fiserv solutions as the backbone of planned technology transformations. Each of the credit unions has expanded their relationship with Fiserv by selecting DNA®, a real-time, open architecture account processing platform, along with integrated surround solutions from Fiserv.
Nationwide Building Society Signs up to EDM Prism
- 9 years 9 months ago
- Alternative Finance
Nationwide Building Society has become the first lender to sign up to EDM Mortgage Support Services’ PRISM solution, with other lenders expected to follow suit in the New Year. PRISM – which stands for Portal for Risk Information Sharing in Mortgages – is an EDM Group hosted digital hub which brings the current manual process online, enabling lenders to access third-party data and make business decisions around the suitability of property in... more
