Cash App Begins Rollout Of Afterpay’s Pay Over Time Offering At Hundreds Of Thousands Of Merchants
- 9 months 6 days ago
- Lending
Starting this week, eligible Cash App customers will begin to have access to Afterpay’s leading pay over time products when shopping online at partner merchant sites. In recognition of this change, Cash App and Afterpay, part of Block, Inc., have debuted an evolved brand, Cash App Afterpay, with a new logo for their checkout to expand access to a seamless Pay Over Time experience from one of the most preferred and trusted brands in the market... more
SoFi Expands Loan Platform Business With $5 Billion Agreement With Blue Owl Capital Funds
- 9 months 1 week ago
- Lending
SoFi Technologies, Inc. (NASDAQ: SOFI) finalized an up to $5 billion Loan Platform Business agreement for personal loans with funds managed by Blue Owl Capital, a leading asset manager with over $250 billion in assets under management. This move marks SoFi’s largest Loan Platform Business agreement to date.
Mastercard Partners With CredibleX To Empower SMEs With Enhanced Access To Financing
- 9 months 1 week ago
- Lending
In a new collaboration, Mastercard’s Small Business Credit Analytics (“SBCA”) will now be integrated into CredibleX’s embedded financing journey. This innovative partnership, the first utilization of this product in the region, provides CredibleX with enhanced data-driven insights based on anonymized and aggregated transaction data. It will empower small and medium enterprises (SMEs) by enhancing and simplifying their access to financing.
Československá Obchodní Banka (CSOB) Selects the nCino Platform to Modernize Commercial & SME Lending
- 9 months 1 week ago
- Lending
nCino, Inc., the leading provider of intelligent, best-in-class banking solutions, today announced that Československá obchodní banka (ČSOB), a subsidiary of KBC Bank NV, and one of the top 30 banks in Europe, has chosen the nCino Platform to digitize and streamline its Commercial and SME Lending operations.
Rapid Finance Helps Community Financial Institutions Scale SMB Lending and Boost Non-Interest Income With Its Integrated LOS and Funding Network
- 9 months 1 week ago
- Lending
At ICBA LIVE, Rapid Finance has announced a significant enhancement to its Decisioneer loan origination software – seamless, one-button integration with the trusted Rapid Finance Funding Network. This powerful enhancement now unlocks new non-interest income streams for community banks when effortlessly referring loan applications that fall outside their lending criteria.
Milo Surpasses $65 Million in Crypto Mortgage Volume, Reinforcing Real-World Utility for Digital Assets
- 9 months 1 week ago
- Lending
Milo, a financial technology company and the pioneer in crypto mortgage lending, has achieved a significant milestone by surpassing $65 million in total loan volume for its crypto mortgage offering. This accomplishment highlights the increasing demand for alternative financing solutions and validates the use of Bitcoin (BTC) and Ethereum (ETH) as viable assets for securing homeownership.
Smartpay Announces Japan's First "Embedded Insurance Service" in BNPL in Partnership With Chubb
- 9 months 2 weeks ago
- Lending
Smartpay Corporation, provider of the "Smartpay" Buy Now Pay Later service, announces the launch of embedded insurance products in the Japanese market, following one year of partnership with Chubb Insurance Japan (Headquarters: Shinagawa-ku, Tokyo; President: Edward Kopp; hereinafter "Chubb Japan"), the Japanese subsidiary of Chubb Group, a world leader in insurance. Current Challenges in the Insurance Industry
Women Borrow 22% More for Debt Consolidation, LoanTube Consumer Borrowing Trends Report Reveals Ahead of International Women’s Day
- 9 months 2 weeks ago
- Lending
LoanTube, a leading digital credit marketplace, today released a report analysing consumer borrowing trends amongst female consumers ahead of International Women’s Day.
OakNorth Pre-Tax Profits Surge to £215M ($272M) as It Surpasses £12.5Bn ($15.7Bn) in Lending and Continues US Expansion
- 9 months 2 weeks ago
- Lending
OakNorth - the leading digital bank for entrepreneurs, by entrepreneurs - today publishes its latest Annual Report, revealing pre-tax profits of £214.8m ($271.6m) in 2024 (FY23 £187.3m / $236.8m). OakNorth provided over £2.1bn ($2.6bn) of gross new lending in 2024, continuing its track-record of supporting ambitious and innovative businesses across the UK and the US.
Zip Announces Partnership With GameStop
- 9 months 2 weeks ago
- Lending
GameStop Corp. and Zip Co., the digital financial services company offering innovative, people-centered products, today announced a partnership in which Zip will be GameStop’s primary pay-in-installments service for online and in-store customers in the U.S.
Fast-Growing Fintech Firenze and Monument Bank Forge £160M Strategic Partnership to Expand Lombard Lending Access
- 9 months 3 weeks ago
- Lending
Firenze, the fast-growing fintech offering Lombard lending to wealth managers, has formed a strategic partnership with Monument Bank, the UK’s first challenger bank dedicated to the mass-affluent segment. Monument has committed a £160m funding line to Firenze, empowering the fintech to scale its Lombard loan offering for wealth management firms while reinforcing Monument’s position as a leading provider of tailored financial solutions to its... more
Affirm and Shopify Expand Multi-Year Partnership to Global Markets
- 10 months 1 day ago
- Lending
Affirm, the payment network that empowers consumers and helps merchants drive growth, and Shopify, a provider of essential internet infrastructure for commerce, today announced an expanded global agreement. The renewed multi-year partnership cements Affirm’s position as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. It also extends this exclusivity into Shopify’s home market of Canada and enables the partnership to... more
Offa Now Accepting First-Time Buyers for Buy-to-Let Finance
- 10 months 3 days ago
- Lending
First time buyers are now being offered Sharia-compliant buy-to-let (BTL) finance by Offa, the UK’s leading Islamic property finance fintech, and the minimum age required has now dropped to 18-years-old – in a series of customer criteria changes aimed at widening access to Sharia-compliant finance for the general public.
FIS Partners With Affirm to Bring Integrated Pay-Over-Time Capabilities Directly to Debit Issuing Banking Clients and Their Cardholders
- 10 months 1 week ago
- Lending
FIS® , a global leader in financial technology, today announced a new strategic partnership with Affirm, (NASDAQ: AFRM), the payment network that can empower consumers and help merchants drive growth, making Affirm its integrated pay-over-time provider for debit issuers.
ATTUNE Partners With Finastra to Accelerate Digital Lending
- 10 months 1 week ago
- Lending
ATTUNE today announced a partnership with Finastra, built on their successful collaboration in transforming digital lending for financial institutions. The companies have seamlessly integrated Finastra’s LaserPro loan document management and MortgagebotLOS loan origination solutions with ATTUNE’s full-stack engagement banking platform.
