European Alternative Lending Expands Abroad as Demand Grows
- 19 hours 28 min ago
- Lending
The industry is steadily moving beyond its traditional Baltic and Eastern European base, with major players expanding their geographic footprint into Southern Europe, Asia, Latin America and Africa.
PECU Selects CheckAlt to Streamline Loan Payment Processing
- 1 day 15 hours ago
- Lending
CheckAlt, a leader in integrated receivables and payment processing solutions, today announced that PECU, a Texas-based credit union serving more than 20,000 members, has selected CheckAlt’s LoanPay solution to modernize loan payment workflows, reduce manual work, and improve the payment experience for borrowers.
SBS Presents SBS Lending Suite: A Modular, Cloud-Based, API/Data-Driven Platform to Modernize Credit Management
- 1 week 14 hours ago
- Lending
SBS, a leading technology partner for banks and financial institutions, is proud to introduce SBS Lending Suite, a modular, cloud-based software platform designed to help financial institutions modernize their lending operations at speed and scale.
Froda Partnering With First Traditional Bank to Solve SME Lending
- 1 week 1 day ago
- Lending
Embedded finance company Froda today announced a partnership with SpareBank 1 Østlandet, one of Norway’s largest banks with over 433,000 customers. The bank will offer Froda’s automated loan application as part of its efforts to streamline the financing of small‑amount loans. The partnership is Froda's first with a traditional bank, and one of Europe's first deployments of embedded SME lending through a bank–fintech partnership.
Equifax Introduces the Work Number® Record Indicator for Auto or Personal Loans
- 1 week 1 day ago
- Lending
Equifax® today announced the launch of The Work Number® Record Indicator for auto or personal loans, a new solution that delivers income and employment insights from The Work Number alongside the Equifax consumer credit report at the start of the auto or personal loan application process. This integration can help lenders accelerate the approval process and reduce friction for both the borrower and lender.
Creditspring Surpasses 400,000 UK Members as Loan Volumes More Than Double in Two Years
- 2 weeks 1 day ago
- Lending
Creditspring, the subscription-based credit provider on a mission to improve financial stability across the UK, today announced it has surpassed 400,000 loan members up from 300,000 less than a year ago. This continued growth highlights the demand for fair, transparent credit options in today’s challenging financial climate.
Klarna Payments Now Available at B-Parts, Europe’s Largest Automotive Parts Website
- 3 weeks 2 days ago
- Lending
Klarna, the global digital bank and flexible payments provider, is joining forces with B-Parts, a leading online retailer of used and original car parts, to offer consumers greater flexibility, convenience, choice and control at the point of payments, with no interest or hidden fees.
SoFi Expands Loan Platform Business With Multiple New Agreements Totaling Over $3.6 Billion
- 3 weeks 6 days ago
- Lending
SoFi Technologies, Inc. today announced the expansion of its Loan Platform Business (LPB), committing over $3.6 billion in personal loan delivery across three new partnerships. SoFi closed a LPB transaction with a leading global bank for an expected loan delivery of over $1 billion and a separate LPB transaction with a financial services and insurance group for $600 million over 12 months.
Festive Borrowing Hit New Peaks in 2025 as Consumers Embrace Credit but Repayment Resilience Continues
- 4 weeks 21 hours ago
- Lending
The UK credit market saw a surge in activity in the final quarter of 2025, with credit card limit increases and unsecured loan originations hitting new highs, according to the latest Equifax UK Affordability Barometer, which tracks consumer credit trends across major lending categories.
Splitit Launches Splitit Go™, Extending Card-Linked Installments to Field Sales
- 1 month 19 hours ago
- Lending
Splitit, a pioneer in card-linked installment payments, today announced the launch of Splitit Go™, a mobile solution that brings credit-card-linked installments into face-to-face sales environments, including field services, in-store purchases, consultations, and other in-person transactions.
Klarna Smashes 1 Million Merchants Milestone
- 1 month 6 days ago
- Lending
Klarna, the global digital bank and flexible payments provider, has surpassed 1 million merchants globally. Klarna has grown the number of merchants offering its payment methods by 47% in the past year, adding 285,000 merchants in 2025, and more than 115,000 in the final quarter alone. The growth is being driven by Klarna's expanding agreements with the world's leading payment service providers, giving merchants around the world easier access to... more
iwoca Launches Credit Compass to Help Millions of SMEs Understand and Improve Their Business Credit Score
- 1 month 1 week ago
- Lending
New research from iwoca, one of Europe’s leading SME lenders, reveals that a significant proportion of UK SMEs lack a clear understanding of their own financial health - a gap that could put their success at risk.
One in Five Adults Would Turn to High-Interest Credit Without Buy Now, Pay Later
- 1 month 1 week ago
- Lending
More than a fifth (22%) of adults would have turned to credit cards to make a purchase if they hadn’t had access to innovative payment methods like Buy Now, Pay Later (BNPL). The findings come as average credit card APRs hit a 20-year record high in February, at 35.8%.
Experian and OpenAI Launch the UK’s First Credit Score App in ChatGPT
- 1 month 1 week ago
- Lending
Experian, the data and technology company, today announced the launch of the UK’s first ever credit score app within ChatGPT apps – introducing a new postcode based credit score comparison tool that brings Experian’s trusted data directly into one of the world’s most widely used AI platforms.
Play Now, Pay Later: G2A.COM Adds Klarna to Unlock Instant Access to Games and Digital Entertainment
- 1 month 1 week ago
- Lending
As the global Buy Now, Pay Later (BNPL) market accelerates toward nearly USD 912 billion by 2030, G2A.COM is bringing payments spread in time directly into the gaming economy. In a market where digital content consumption is rising but price sensitivity remains high, payment flexibility is emerging as a strategic growth lever. The world’s largest marketplace for digital entertainment has introduced Klarna at checkout, unlocking instalment and... more
