21/10 – Weekly Fintech Recap
- 3 years 12 months ago
- Digital banking, Insurtech, Lending, Open Banking, Payments, M&A Deals, People Moves
Partnerships Computop Adds Open Banking Payments for Merchants with Token
Time Finance Hits £145M Lending Milestone
- 3 years 12 months ago
- Lending
Time Finance is pleased to announce that it has reached a record high in its lending book, as it hits a £145m milestone of funding support delivered to UK businesses.
Cion Digital Launches Wealth Advisor Lending Platform
- 4 years 7 hours ago
- Lending
Cion Digital, developers of the first enterprise SaaS blockchain orchestration and payments platform, today announced the company is expanding their operations to offer its suite of services to a broader portion of the financial services and retail sectors.
Funding Circle to Expand Access to Capital for Nevada Small Business Owners Following Authorization from State
- 4 years 1 day ago
- Lending
Funding Circle, the leading online platform for small business loans, announced today that it is now operational in Nevada, allowing it to provide the s
Oklahoma-Based Community Bank Partners with Fintech to Modernize Lending
- 4 years 1 week ago
- Lending
Farmers State Bank and Teslar Software today announced their partnership to automate the bank’s commercial lending processes. Teslar’s technology will help the bank efficiently manage their loan portfolio as they continue to grow.
Finance Industry Experts Explore Next-Gen Lending and Credit Inclusion at TransUnion Summit
- 4 years 1 week ago
- Lending
Global information and insights company TransUnion recently hosted its UK Summit, bringing together leading names from banking, fintech and more, to discuss tackling the cost of living crisis, financial inclusion and next-generation lending.
LHV UK Plans to Acquire Bank North’s SME Lending Business
- 4 years 1 week ago
- Lending
LHV UK (the ‘Company’) announces that it has agreed on commercial terms to acquire Bank North’s Small Medium Enterprise (‘SME’) lending business. This transaction enables the Company to accelerate its strategy to expand to servicing SMEs. Powered by 14 years of consecutive growth, lending to SMEs has been one of the core business areas for LHV Group (the ‘Group’), LHV UK’s parent company and an investor in Bank North.
Validis Partners with Aryza to Power Open Finance for UK Business Lenders
- 4 years 1 week ago
- Lending
Aryza, expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has today announced a partnership with Validis, a market-leading open accounting platform, to develop an open finance solution that will help business lenders obtain better quality financial data from their customers.
Provenir Named Finalist in the ‘Best Technology Partner’ Category for the Credit Strategy Lending Awards 2022
- 4 years 2 weeks ago
- Lending
Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, is a finalist in the “Best Technology Partner” category of the Credit Strategy Lending Awards 2022.
Rapid Finance Acquires Digital Lending Technology Provider, Thrive
- 4 years 2 weeks ago
- Lending
Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced today its acquisition of digital lending platform provider, Thrive, at American Banker’s Small Business Banking conference.
Legion Capital Named on Silicon Review’s Best 50 Companies To Watch 2022
- 4 years 2 weeks ago
- Lending
Legion Capital Corporation, a FinTech-enabled, specialized business lender, was named on Silicon Review’s Best 50 Companies to Watch 2022. Legion Capital provides financing for the acquisition, early-stage development and growth capital needs for small and medium-sized business owners, real estate developers and entrepreneurs, addressing a market segment that has gone largely unserved by banks and conventional lenders.
Traditional Lending Models are Broken in Current Economic Climate, Says Tink
- 4 years 2 weeks ago
- Lending
Europe’s leading open banking platform Tink is urging lenders to prioritise upgrading creditworthiness assessment models to ensure more accurate lending decisions.
Finova Capital Enhances Digital Lending Experience with Northteq
- 4 years 2 weeks ago
- Lending
Northteq, Inc. a leading provider of Salesforce origination solutions announced today that Finova Capital, LLC, an industry leader in equipment financing and small business lending, has integrated Northteq’s Aurora Loan Origination System (LOS) and Aurora Partner Portal with its Merchant CashTap platform to create an enhanced small business lending experience.
Pennsylvania Community Bank Partners with Fintech to Digitize All Aspects of Commercial Lending
- 4 years 3 weeks ago
- Lending
Quaint Oak Bank and Teslar Software today announced their partnership to enhance the bank’s commercial lending strategy. The $750 million-asset community bank will leverage Teslar’s full suite of automated workflow and portfolio management tools to improve the lending process for both lenders and borrowers.
British Business Bank Supporting More than 96,000 Businesses with £12.2B of Finance Through its Core Programmes, with an Above Target Adjusted Return of 18.2%
- 4 years 3 weeks ago
- Lending
Catherine Lewis La Torre, CEO, British Business Bank, said: “The British Business Bank has successfully delivered against the strategic priorities we set at the beginning of the year. “We have increased our impact and market reach to smaller businesses across the UK’s regions and Nations and designed innovative programmes while at the same time generating an attractive return on capital employed.
