New Fintech Report: Non-bank Lenders are Demonstrating Resilience in the Face of a Tumultuous Economy.
- 2 years 2 months ago
- Lending
A new report from business data API provider
Froda and Visa Join Forces with Checkout.com to Enable Visa Direct for Embedded Business Loans Payouts
- 2 years 2 months ago
- Lending
Froda, one of Sweden’s fastest-growing fintechs, has announced a groundbreaking partnership with Visa and Checkout.com that revolutionizes the use of Visa Direct. The solution introduces innovative push-payment functionality for business lending, enabling seamless payouts and repayments for businesses across Europe.
B2B BNPL Provider Hokodo Partners with Fuse to Improve Credit Decisioning and Unlock Finance Options for Small Businesses
- 2 years 2 months ago
- Lending
Europe’s leading provider of digital trade credit solutions, Hokodo, has partnered with AI-powered transaction analytics firm, Fuse, to enhance its credit offering to businesses in the UK. The partnership empowers businesses to access more personalised credit options by combining Fuse’s credit risk and Income Verification tools with Hokodo’s B2B lending capabilities.
Rapid Enterprise Announces New SMB Lending Capabilities and System Enhancements for Digital LOS, Decisioneer, at FinovateFall 2023
- 2 years 2 months ago
- Lending
Rapid Enterprise, a division of Rapid Finance and an industry leader in delivering automated and scalable Lending-as-a-Service (LaaS) solutions to support the growth and success of small businesses, announced today from FinovateFall 2023 a host
Lenders Can Help Brits Improve Financial Resilience with Data Amidst COL Crisis
- 2 years 2 months ago
- Lending
As the cost-of-living crisis pushes record numbers of people to the financial edge, with many relying on loans, overdrafts or credit, Moneyhub Decisioning warns that many Brits may be at risk of falling into a spiral of missed payments and loan defaults. Of those who have experienced difficulties, a tenth (10%) said they believe the product they were on was not the most suitable for their circumstances.
LHV Bank Introduces an Upgraded SME Lending System
- 2 years 2 months ago
- Lending
LHV Bank, the UK’s newest licenced bank, has rolled out a new loan system for its SME Lending division, transitioning to the cloud-based banking system of its SaaS partner, Tuum. This move consolidates the bank’s architecture, enhances resource allocation, and establishes a robust futureproof framework, free of legacy system challenges.
Salmon Simplifies Loan Repayment for Its Clients
- 2 years 3 months ago
- Lending
Consumer fintech Salmon today announces it has made another step in simplifying loan repayment for its clients.
UK and Swedish Fintechs, Zorrz and Sileon, Partner for New Credit Products
- 2 years 3 months ago
- Lending
UK fintech Zorrz™ Finance and Swedish fintech Sileon, specialised in card-based Buy Now, Pay Later (BNPL) functionality, have announced a partnership to enable more consumers to access BNPL solutions.
P2P to Replace Fixed Income Instruments
- 2 years 3 months ago
- Lending
P2P lending together with risky assets has all the potential to become an effective strategy for diversifying investment portfolios in terms of risk and return. Analysts of the Robo.cash platform have studied multiple portfolio combinations using the Sharpe ratio. The maximum value of the ratio indicates the optimal asset allocation. As a result, 4 options with the highest Sharpe coefficient in each pair were chosen: P2P + Stocks, P2P + Bonds,... more
Param Accelerates European Expansion with Twisto Acquisition
- 2 years 3 months ago
- Lending
Param, Turkey's biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto.
The Savings Banks Group to Renew its Lending Platform in Collaboration with Tietoevry
- 2 years 3 months ago
- Lending
Tietoevry is proud to announce its collaboration with The Savings Banks Group Finland to renew its lending platform, where Tietoevry’s Lending Suite, the leading credit solution in the Nordic markets, will serve as the foundation. This strategic partnership is part of a broader initiative by The Savings Banks Group to invest more than 100 million euros in shaping the future of its operations and creating the next generation IT solutions.
Two-thirds More SMEs Experiencing Difficulty in Accessing Finance from Mainstream Lenders
- 2 years 3 months ago
- Lending
Two-thirds (65%) more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022* as mainstream lenders pull away from the SME market, according to new data from Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce.
mPokket Introduces ‘Don’t-Feel-Like-It’ Policy to Promote Employee Productivity and Well-being
- 2 years 3 months ago
- Lending
mPokket – a leading digital lending platform – today announced the introduction of its new work-from-home policy, ‘Don’t-Feel-Like-It’ (DFLI), aimed at enhancing employee morale, motivation, and mental well-being while promoting a healthy work-life balance. This innovative policy reflects mPokket’s commitment to fostering a productive and harmonious work environment that prioritizes the overall well-being of its team members.
Reevo Money Joins Freedom Finance’s Lending Panel
- 2 years 3 months ago
- Lending
Freedom Finance, one of the UK’s leading digital borrowing marketplaces and embedded finance providers, is delighted to add personal loans from Reevo Money to its market-leading lending panel. Personal loans from Reevo will be available through all of Freedom Finance’s partners and via its direct-to-consumer marketplace.
Evolution Money Secured Loans Added to Freedom Finance
- 2 years 4 months ago
- Lending
Freedom Finance, one of the UK’s leading digital borrowing marketplaces and embedded finance providers, is delighted to add secured loans from Evolution Money to its market-leading lending panel. Secured loans from Evolution Money will be available via Freedom Finance’s direct-to-consumer marketplace.
