X-Margin and Fireblocks Unlock Portfolio Lending for Institutional Trading of Digital Assets
- 4 years 11 months ago
- Lending, Trading Systems, Financial
X-Margin, a pioneer in applying privacy technology to credit and financial market risk, and Fireblocks, a leading digital asset infrastructure provider, today announce a partnership enabling financial institutions to source credit for cross exchange trading without revealing positions and other sensitive information to lenders.
LenDenClub to Triple Hiring in FY 21-22
- 4 years 11 months ago
- Lending
LenDenClub, India’s fastest growing peer-to-peer (P2P) lending platform recently announced that they have scaled up their hiring by threefold vis-à-vis last year, offering employment to approximately 45 new candidates including both lateral and campus hires. The company is eyeing to triple its current team size from a headcount of 60 to approximately 180 by the end of the financial year.
SimplyBiz Mortgages Adds MPowered Mortgages to Panel
- 4 years 11 months ago
- Lending
SimplyBiz Mortgages has added new lender MPowered Mortgages to its lender panel. MPowered Mortgages, brought to you by MQube, offers lending for buy-to-let individual, limited company and portfolio landlords, now available to members of SimplyBiz Mortgages.
Glenhawk to Partner with Twenty7Tec as it Eyes Further Loan Book Growth
- 5 years 1 day ago
- Lending
Glenhawk, the fast-growing UK challenger lender, has partnered with mortgage platform provider Twenty7Tec. Glenhawk’s regulated products will be available on Twenty7Tec’s proprietary SOURCE platform, which has seen a significant increase in users during the pandemic, as a result of the resilient homeowner market and continued retrenchment of the high street banks.
Recovery Loan Scheme Opens to Support Businesses as they Recover from the Pandemic
- 5 years 3 days ago
- Lending
The Recovery Loan Scheme, a new scheme to support access to finance for UK businesses as they recover and grow following the pandemic, opens to applications from today. The scheme, announced at the Budget on 3 March 2021, is scheduled to run until 31 December 2021, subject to review.
NatWest Offers Businesses up to £1million of Cashflow Support to Aid Recovery
NatWest has today announced that it will offer SMEs up to £1million of cashflow funding through its digital overdraft alternative Rapid Cash, as it looks to support UK SMEs as they enter the next phase of economic recovery.
HPD Lendscape Expands Mangement Team With CFO Hire
- 5 years 1 week ago
- Lending, People Moves
HPD Lendscape, a leading international secured lending platform vendor, has appointed Geoff Snowden as its new Chief Financial Officer to oversee strategic expansion projects to drive its ambitious growth strategy. Geoff brings a wealth of experience to the company and has more than 15 years’ experience in the media, tech, data and professional services sectors.
£50m Small Business Fund Launched to Help Businesses Recover Post-Covid
One of the UK’s top alternative SME fintech lenders has announced a new £50 million Small Business Fund, which has been created to support SMEs that require additional finance to kickstart their recovery. Capify, which has provided finance to thousands of small and medium-sized businesses for more than a decade, will now offer business funding of up to £1m specifically to help the UK’s small businesses post-Covid.
LenDenClub is Now the First P2P Lending Platform on Google Pay
- 5 years 2 weeks ago
- Lending
LenDenClub, one of the leading peer-to-peer (P2P) lending platforms in India, today said that it has integrated with Google Pay and is now live on its platform. It is the first P2P lending company to integrate with the tech platform. With this integration, customers of GPay can now lend and borrow through LenDenClub as seamlessly as they can make payments through the platform.
Inclusive Female-led Lender Approves £4M to UK SMEs in 12 Months of CBILS
- 5 years 2 weeks ago
- Lending
A year since it was awarded CBILS lender status, responsible lender, AskIf, can now reveal it has approved close to £4m to deserving SMEs and micro businesses, playing an essential role in the national push to help businesses survive and thrive. AskIf has delivered on its mission to be an inclusive lender with 17% of CBILS loans distributed to BAME-owned businesses, and 22% to female-led businesses.
mPokket Announces Appointment of New Chief Financial Officer
- 5 years 2 weeks ago
- Lending, People Moves
mPokket – an Instant Loan App providing loans to college students and young working professionals – has appointed Mr. Sanjoy Kumar Agarwal as their new Chief Financial Officer (CFO). Mr. Agarwal will manage the financial operations at mPokket. He will be responsible for creating robust, iterative development plans for long-term strategy while resolving key financial issues. His role will be critical in achieving core business objectives, while... more
IndiaLends Кaises US$5.1M From Existing Investors ACP Partners and DSG Consumer Partners
- 5 years 3 weeks ago
- Lending, Platform Technology
Major digital lending platform IndiaLends has raised US$5.1 million in a financing led by existing investors ACP Partners and DSG Consumer Partners. The Delhi NCR based firm will use the funds to expand its technology platform, increase its market footprint and amplify its product offerings to meet the pent-up demand in a post-COVID economic recovery.
Landbay and Allica Bank Launch Five-Year Partnership with Funding to Support Expansion of BTL Portfolio
- 5 years 3 weeks ago
- Lending
Landbay, one of the UK’s leading mortgage lending platforms, has launched a new five-year funding partnership worth £200m of originations per annum. Landbay has partnered with Allica Bank to fund its buy-to-let mortgages over the next five years. Allica Bank, the leading challenger bank for established small and medium-sized enterprises (SMEs), will fund a range of residential buy-to-let mortgages originated by Landbay.
Robocash Group Issued 1Bn USD Worth of Loans
- 5 years 3 weeks ago
- Artificial Intelligence, Lending, Financial
The group notes that the volume of loans has been increasing annually since its inception. There was a particularly strong growth in the last quarter of 2020 and in 2021, which confirms a rising demand for alternative lending.
Nivo to Partner with Sercle, Omnio’s Credit Union Business
- 5 years 1 month ago
- Lending
Sercle, the Credit Union arm of Omnio Group has announced its partnership with Nivo to integrate its services with Omnio’s market leading platform. Through the partnership, every Sercle Credit Union can offer members a market-leading mobile experience with full access to Nivo’s secure messaging and onboarding technology.
