Affirm and Shopify Expand Multi-Year Partnership to Global Markets
- 1 day 13 hours ago
- Lending
Affirm, the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced an expanded global agreement. The renewed multi-year partnership cements Affirm’s position as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. It also extends this exclusivity into Shopify’s home market of Canada and enables the partnership to... more
Offa Now Accepting First-Time Buyers for Buy-to-Let Finance
- 3 days 14 hours ago
- Lending
First time buyers are now being offered Sharia-compliant buy-to-let (BTL) finance by Offa, the UK’s leading Islamic property finance fintech, and the minimum age required has now dropped to 18-years-old – in a series of customer criteria changes aimed at widening access to Sharia-compliant finance for the general public.
FIS Partners With Affirm to Bring Integrated Pay-Over-Time Capabilities Directly to Debit Issuing Banking Clients and Their Cardholders
- 1 week 1 day ago
- Lending
FIS® , a global leader in financial technology, today announced a new strategic partnership with Affirm, (NASDAQ: AFRM), the payment network that can empower consumers and help merchants drive growth, making Affirm its integrated pay-over-time provider for debit issuers.
ATTUNE Partners With Finastra to Accelerate Digital Lending
- 1 week 2 days ago
- Lending
ATTUNE today announced a partnership with Finastra, built on their successful collaboration in transforming digital lending for financial institutions. The companies have seamlessly integrated Finastra’s LaserPro loan document management and MortgagebotLOS loan origination solutions with ATTUNE’s full-stack engagement banking platform.
Way.com's Recapture Program Is Revolutionizing Auto Loan Savings for Credit Union Members
- 1 week 2 days ago
- Lending
In addition to Way.com's traditional refinance program, the Recapture Program is revolutionizing how credit union members save on their auto loans by making the process completely effortless. Unlike other refinance programs that require customers to gather their own loan details, Way does all the work by interfacing with real time credit data that details existing loan terms. With this information, Way collaborates directly with American First... more
Canopy Servicing and Moov Partner to Transform Loan Repayments for Lenders
- 1 week 2 days ago
- Lending
Canopy Servicing, the leading commercial loan servicing platform, and Moov Financial, a leading provider of modern payment processing infrastructure, have joined forces to launch Canopy Repay, an integrated solution streamlining loan repayment operations for banks, non-bank lenders, and credit unions. Combining Moov’s real-time payment capabilities with Canopy’s automated servicing technology, the partnership aims to deliver greater efficiency,... more
The Nordic Fintech Bringing Buy Now, Pay Later to B2B Payments
- 1 week 2 days ago
- Lending
Since launching in 2021, Oslo-headquartered Two has grown 243% quarterly based on the simple premise that, in the 21st century, there is no reason for B2B payments to be as complex and analogue as they are currently. Two offers SMEs an innovative payment solution, reducing the significant time lag in the order-to-cash process, ensuring fraud is drastically reduced through an AI-powered risk processor: seeking to make it as simple for businesses... more
Third of Contractors Already Reliant on Credit as 1.1 Million Miss Self Assessment Tax Return Deadline
- 1 week 3 days ago
- Lending
A third (34%) of contract workers, such as gig workers on online platforms and independent contractors, are reliant on credit to pay household bills, almost three times the UK average (13%), finds new research from responsible lender, Creditspring.
Mambu Partners With Good Money By GSB, Launching Its New Digital Lending Platform For Underserved Thai Citizens
- 1 week 4 days ago
- Lending
Today, Mambu announces the success of its partnership with Money DD, a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering new opportunities for underserved Thai citizens.
Froda and Lunar Expand Embedded SME Lending Partnership to Sweden
- 1 week 4 days ago
- Lending
Froda, a leading Nordic fintech, and Lunar, the digital challenger bank, are thrilled to announce the expansion of their partnership into Sweden. This builds upon their successful launch in Denmark in 2023, where Froda’s embedded SME lending solution was introduced to Lunar’s customers. Now, Swedish customers will gain access and benefit from the same innovative lending solution.
1 in 8 Brits Turned to BNPL for the First Time Last Year Despite Delay in Regulations Until 2026
- 2 weeks 4 days ago
- Lending
The popularity of buy now, pay later (BNPL) in the UK shows no signs of slowing down, as 1 in 8 Brits (13%) used BNPL services for the first time in 2024 - an estimated 6.8 million people - according to new research from personal finance site Finder.
Algebrik AI And Plaid Join Forces To Simplify Loan Approvals With Smarter, Faster Data Connectivity
- 2 weeks 5 days ago
- Lending
Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world's 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced its partnership with Plaid, the data network powering the digital financial ecosystem.
Bain Capital Joins Versana, Accelerating Modernization of the Corporate Loan Market
- 3 weeks 4 days ago
- Lending
Versana today announced the addition of Bain Capital Credit ("Bain Capital") as a subscriber to its centralized, digital data platform. Bain Capital is one of the world's leading private investment firms specializing in corporate credit and has become the 13th top-tier financial institution to join Versana's innovative platform.
NettyWorth Launches AI-Powered Loan Protocol with $124M Wallet Value, Unlocking Liquidity for NFTs and RWAs
- 4 weeks 1 day ago
- Lending
NettyWorth, the first AI-powered loan protocol for NFTs and Real-World Assets (RWAs), is reshaping decentralized lending with its official launch, achieving $124M in connected wallet value.
PayCaptain Funded £10M of Free Wage Advances to Employees with Low Financial Resilience in 2024
- 4 weeks 1 day ago
- Lending
PayCaptain – a cloud-based payroll software solution – has shared updates of its 2024 performance and goals for the year ahead. Founded in March 2020, PayCaptain now services 150 customers with 30,000 employees being paid every month. 2024 saw annual recurring revenues figures hit £2M. Based on PayCaptain’s high retention rate and engaged pipeline the business is set to achieve £3M annual recurring revenue and continued EBITDA growth in 2025.