Finfra & Xendit Partner On New Risk-Reducing Lending Feature
- 1 year 8 months ago
- Lending
Finfra, the lending infrastructure provider that operates in Indonesia together with its licensed peer-to-peer lending affiliate Danabijak, has announced a new partnership with Xendit that will bring automated collections of revenue-based financing to businesses across Indonesia.
Amazon Business Adds Affirm as First Buy Now, Pay Later Provider at Checkout
- 1 year 8 months ago
- Lending
Today, Amazon and Affirm announced an expanded partnership that makes Affirm the first pay-over-time option available at checkout on Amazon Business, a business-to-business (B2B) store that helps businesses of all sizes digitize and automate procurement with powerful management controls and analytic tools—all within the familiar experience of Amazon.
finova Welcomes Digital Lender Molo to its Lender Panel
- 1 year 8 months ago
- Lending
finova Payment and Mortgage Services today announces its partnership with digital mortgage lender Molo, further expanding the portfolio of lending products available to finova’s directly authorised (DA) broker club.
Four in ten SMEs Prefer Fintech Lenders Over Mainstream Banks When Seeking Business Finance
- 1 year 8 months ago
- Lending
Four in ten (40%) UK small and medium-sized businesses (SMEs) claim it is easier for them to access finance from fintech lenders rather than mainstream banks, according to new research from Sonovate, an alternative finance and payment solutions provider. Alternative finance options increasingly offer a lifeline for UK SMEs, with seven in ten (70%) admitting they wouldn’t have survived the current cost of living crisis if it wasn’t for these... more
UK Lenders Prioritise Affordability Checks as Struggling Brits Turn to Borrowing to Make Ends Meet
- 1 year 8 months ago
- Lending
Higher loan rejections and limited traditional affordability checks are impacting Brits’ ability to access credit to help make ends meet, according to new research from Tink, the market leader in open banking. Findings from a survey of 1,000 UK borrowers - those who hold either a mortgage or loan - suggest that a significant number of Brits today need to find a way to bridge the gap between income and expenditure each month.
Origence Announces Lisa Bodell as A Keynote Speaker for Lending Tech Live ’24 Conference
- 1 year 8 months ago
- Lending
Origence, the leading lending technology solutions provider for credit unions, announces Lisa Bodell as a keynote speaker for its Lending Tech Live ’24 conference, scheduled June 25-27, 2024, at the Marriot Marquis in San Diego, California.
Lowell Leverages Medallia to better Understand and Support Customers in Challenging Economic Climate
- 1 year 8 months ago
- Lending
Medallia, the global leader in customer and employee experience, today announced an expansion of its relationship with Lowell, one of the largest debt collection agencies in the UK, as the company continues its focus on building a customer-centric culture.
Driving Economic Viability: Ingenico and Jifiti Simplify Embedded Lending Integration for Merchants
- 1 year 8 months ago
- Lending
Ingenico, the global leader in payment acceptance solutions, joins forces with Jifiti, the global-leading fintech in white-labeled embedded lending, in a landmark worldwide alliance.
Mondu Secures FCA Registration and Launches with 16 British Businesses
- 1 year 9 months ago
- Lending
Mondu, the fast-growing B2B payments company, has today announced it has successfully registered with the Financial Conduct Authority (FCA) and will begin working with 16 British clients immediately.
1 in 3 British Adults Embrace BNPL, with Nearly Four in Five BNPL Customers Finding it Helpful in Reducing Financial Stress
- 1 year 9 months ago
- Lending
Clearpay, a leader in Buy Now, Pay Later (BNPL), has today published research revealing that BNPL use is rising across all age groups, with 30% of British adults using the service to make at least one payment over the 12 months ending August 2023. BNPL was most popular among Millennials and Gen X, at 41% and 36% respectively.
UK SMEs in Jeopardy as Bank Lending Dries Up
- 1 year 9 months ago
- Lending
New research from independent SME funder, Bibby Financial Services (BFS), highlights a significant threat to the UK economy as banks appear to be retreating from lending to small businesses.
Sonovate Increases Securitisation to £240M, Bolstering its Lending Capabilities and International Reach
- 1 year 9 months ago
- Lending
Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240 million from the £165 million announced last year. This latest development comes with the strategic addition of Lloyds Bank to its group of finance providers.
Trade Ledger Offers Banks Exclusive Access to World First AI Solution for Embedded Business Finance
- 1 year 9 months ago
- Lending
Following the launch of its new generative AI-enabled Working Capital Copilot solution at Sibos 2023, Trade Ledger is now accepting applications from banks to join its beta program which is being deployed by Accenture. Copilot, which is built on top of Trade Ledger’s data platform, “is the last component of the tech stack required to effectively crack open the $120tn embedded lending opportunity for working capital finance”, said Trade Ledger... more
Alba Bank Partners with Mambu to Enhance Their SME Lending
- 1 year 9 months ago
- Lending
Scottish Neobank Alba Bank today announced that it will migrate to
Tarabut Powers Flooss to Enable Faster Loan Approvals
- 1 year 9 months ago
- Lending
Tarabut, MENA’s leading open banking platform, has announced a new partnership with FLOOSS, Bahrain-based digital lending platform. FLOOSS is the first and fastest digital loan app in Bahrain offering consumer loans of up to BHD 750 with a repayment period of up to 12 months.
