Collaboration Between Finastra and S&P Global Market Intelligence Aims to Deliver Significant Efficiencies in Corporate and Syndicated Lending
- 2 years 10 months ago
- Lending
Finastra today announced a collaboration with S&P Global Market Intelligence focused on the corporate and syndicated lending market. The companies have agreed to collaborate and integrate their solutions for corporate and syndicated lending, with the aim of delivering significant benefits to common clients.
Pure Retirement Joins finova’s Lending Panel
- 2 years 10 months ago
- Lending
Lifetime Mortgage Specialists Pure Retirement have joined finova Payment and Mortgage Services panel of over 80 lenders.
Swedish Fintech Firm Froda Sets its Sights on the UK Market
- 2 years 10 months ago
- Lending
Froda, the rapidly growing Swedish fintech company, has announced its expansion into the UK, marking another milestone in its growth trajectory.Froda has lent out more than 6.5 billion SEK since its inception and with the UK expansion, the company that reached a 1.2 billion SEK valuation this autumn, is now operating in five markets: the UK, Norway, Denmark, Finland, and Sweden.
Blackfinch Property Completes its Largest Loan to Date with £20M Refinancing Deal in East London
- 2 years 10 months ago
- Lending
Blackfinch Property, a rapidly growing agile lender to the UK property market, has completed its largest loan to date, a £20m refinancing for a mixed portfolio of 54 residential and commercial properties across East London.
Freedom Finance Announces Platform Upgrades to Fuel Product-led Growth
- 2 years 10 months ago
- Lending
Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, has launched a number of significant upgrades and changes to its platform, completed with zero downtime.
Natwest to Provide £1Billion in Additional Lending to UK Manufacturing to Support Net Zero Transition
- 2 years 10 months ago
- Lending
NatWest has announced that, from today, it aims to provide an additional £1billion in lending to the UK Manufacturing sector by the end of 2030, aiming to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy generation and use, with lending deployed through loans, asset finance, and overdrafts.
Tarabut Gateway Partners with Qarar to Revolutionise Credit Scoring and Lending in the Middle East
- 2 years 10 months ago
- Lending
Tarabut Gateway, MENA’s leading open banking platform, announces a strategic partnership with Qarar, the region's leading credit analytics technology provider and technology arm of SIMAH, the first and largest credit bureau in the Kingdom of Saudi Arabia.
Rapid Finance Announces Commercial Availability of Lynx Platform to Support Small Business Lending
- 2 years 10 months ago
- Lending
Rapid Enterprise, a division of Rapid Finance delivering Lending-as-a-Service (LaaS) solutions to support enterprise clients, announced today the commercial availability of its award-winning, AI-powered fraud detection platform, Lynx, allowing financial institutions to leverage their data better and gain insights to generate 360-degree views of their customers.
Unlocking Corporate Credit with AI-Powered Underwriting: NUMARQE Teams Up with Weavr for Card Services
- 2 years 11 months ago
- Lending
NUMARQE, the London-based corporate-credit provider, has partnered with Plug-and-Play Finance provider, Weavr, to streamline the power of AI and embedded finance for a digitised corporate-card experience.
LHV Bank Extends its Maximum Loan Size to UK SMEs to £5 Million
- 2 years 11 months ago
- Lending
LHV Bank, a leading provider of banking services to fintechs and SME lending solutions for UK businesses, announces the extension of its maximum loan size to £5 million, enabling further support for UK SMEs aiming to grow.
Temenos Launches AI-powered Digital Mortgages for Fast Responsible Lending
- 2 years 11 months ago
- Lending
Temenos today launched a fully-Integrated front-to-back, mortgages solution with a smart decision engine powered by Explainable AI, helping lenders to deliver a personalized digital mortgage experience while reducing their costs and time to close.
Bank Lending to Rise by £29B as Britain Dodges Recession
- 2 years 11 months ago
- Lending
Banks are expected to increase their lending this year as the UK economy swerves the predicted and the housing markets shows small signs of some revival, according to a panel of leading economists.
USDToch Unveils On-Chain Lending Ecosystem for DeFi 2.0
- 2 years 11 months ago
- Lending
USDToch provides a lending solution for DeFi 2.0. Building on the existing enhanced capital utilization enabled by over-collateralized lending, it further enhances the investment returns on the staking side. It also plans to introduce traditional assets into the DeFi lending system in the form of RWA soon.
Rapid Finance Partners With Mambu To Provide Lending-as-a-Service To Lenders Nationwide
- 2 years 11 months ago
- Lending
Rapid Enterprise, a division of Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced today from Fintech Nexus USA that its cloud-native digital end-to-end loan origination system (LOS), Decisioneer, is now integrated with
Banks Reining in SME Lending According to Iwoca Report
- 2 years 11 months ago
- Lending
British businesses are increasingly worried about access to funding, with new data showing banks are reducing SME lending. According to figures from fintech firm Iwoca, 77 per cent of brokers said that high street banks are reducing their appetite to fund SMEs. The information was collated from more than 100 SME finance brokers who submitted over 2,500 finance applications for SMEs in March.
