Finastra Launches Embedded Consumer Lending Solution
- 3 years 7 months ago
- Lending
Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS). Financial institutions, distributors and merchants will benefit from a platform that makes it easy for their customers to access lending options.
Lentra Acquires AI Startup TheDataTeam to Accelerate Digital Lending Platform Business
- 3 years 7 months ago
- Lending
Lentra AI Private Limited, one of the fastest-growing digital lending cloud platforms, has announced the acquisition of Chennai and Singapore-based AI company TheDataTeam (TDT). Lentra will deploy TDT’s flagship behaviour intelligence platform Cadenz to help banks and financial institutions make better data-driven decisions on customer creditworthiness based on their unique financial journey. This will help launch new innovative products for a... more
Stake Gives Investors a Piece of the Pie with New Stock Lending Product
- 3 years 8 months ago
- Lending
Leading digital broker Stake is again breaking barriers for retail investors in Australia with the launch of a brand new product, Stock Lending. Investors will be able to earn passive income on the U.S. stocks they hold with Stake by having them lent out through the securities lending market.
Alternative Lending Dominates in Asia but Bank Loans Hold Strong in Malaysia and India
- 3 years 8 months ago
- Lending
Robocash Group revealed that the lending from traditional banks is being replaced by the non-bank options with the fastest-growing rates in the Philippines and Singapore. The total opposites are Malaysia and India, where the banking sector is currently experiencing more rapid growth.
Proportunity Announces it will be Launching the UK’s First Zero Deposit Mortgage Product, as Part of its Fundraise
- 3 years 8 months ago
- Lending
Proportunity, a London-based neolender, today announces it is working on bringing the UK’s first zero deposit mortgage product to market later this year. The announcement was made as part of its crowdfunding campaign with Seedrs to grow the business and help more people in the UK become homeowners sooner.
DivideBuy Announces Several New Pivotal Hires for Commercial Senior Leadership Team
- 3 years 8 months ago
- Lending
DivideBuy, the leading UK point-of-sale (POS) finance pioneer, has today announced multiple appointments to its commercial senior leadership team to drive the company’s commercial strategy and fuel its ambitious growth trajectory.
Scroll Finance partners with Modulr to Disrupt Homeowner Financing
- 3 years 8 months ago
- Lending
Scroll Finance (Scroll), a next-generation fintech providing smart financing solutions to homeowners, has today announced that Modulr, the embedded payments platform, will power its underlying payments infrastructure.
CASHe Crosses Rs. 4000 Crores in Loan Disbursals; Targets Rs. 3600 Crores of New Disbursals in FY 22-23
- 3 years 8 months ago
- Lending
CASHe, India’s leading credit & wealth-led, AI-driven financial wellness platform, announced that it has crossed the significant milestone of having disbursed 1.2 million loans worth Rs. 4,000 crores since its inception. It further stated that on the back of economic revival and a strong rebound in retail loan demand, the company is eyeing fresh disbursals worth Rs 3,600 crores in FY22-23, thereby projecting a cumulative loan disbursement of... more
IGF Announces Year-on-Year Growth, Building on Record-Breaking 2021
- 3 years 8 months ago
- Lending
Leading independent asset-based lender Independent Growth Finance (IGF) has announced its latest growth figures, building on 2021’s record-breaking results.
Biz2Credit Named Among ‘Best Places to Work in Fintech’ by Prestigious American Banker Annual Ranking
- 3 years 8 months ago
- Lending
Best Companies Group today announced that Biz2Credit was named to the list of 2022’s Best Places to Work in Financial Technology.
Clix Group Enters into Strategic Partnership with MSME Lending Platform Tezzract
- 3 years 8 months ago
- Lending
Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new-age solutions for lending to MSMEs in India. Under this partnership, Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year.
Ophelos Partners With Consumer Lending Fintech Plend for Ethical Debt Resolution
- 3 years 9 months ago
- Lending
Ophelos, the technology firm building fairer debt resolution for businesses and their customers, today announces it has partnered with Plend, an ethical consumer len
Report Highlights Important Issues for the Later Life Lending Market MorganAsh Responds to Financial Services Consumer Panel Research
- 3 years 9 months ago
- Lending
Andrew Gething, managing director at MorganAsh, in response to the latest research from the Financial Services Consumer Panel on later life lending, says “This research highlights some important issues for the later life lending market, and how they implement strategies for vulnerable customers in order to meet FCA regulations and do best by the customer.
ZestMoney aAnnounces a Month-long travel Fest to Power Indians’ Travel Plans with Convenience
- 3 years 9 months ago
- Lending
ZestMoney, India’s leading and fastest-growing EMI financing and Buy Now, Pay Later (BNPL) network, today kicked off India’s biggest travel fest – #ZestTravelFest, a month-long event to power customers with convenience while planning their vacation. The fest is live on all major travel portals including MakeMyTrip, Yatra, Goibibo, EaseMyTrip, and many others, and customers can maximize their finances using ZestMoney.
DataLend: Securities Lending Revenue Up 20% YoY to $828 Million in April 2022
- 3 years 9 months ago
- Lending
The global securities finance industry generated $828 million in revenue for lenders in April 2022, according to DataLend, the market data service of fintech EquiLend. The figure represents a 20% increase year over year from the $690 million generated in April 2021. Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $229 million in revenue in April, a 16% increase from 2021.
