Robocash Group Plans to Raise 5M USD with a Bond Issuance
- 4 years 2 months ago
- Lending, Platform Technology, Investment
An international fintech holding Robocash Group prepares for a 5M USD bond placement in the coming days together with Kilde. The group intends to use the proceeds to support its further growth. After this initial step, the company may consider another issuance in a larger amount.
Yabx among the top Global Startups nominated for GSMA GLOMO 4YFN Impact Awards
- 4 years 2 months ago
- Lending
Yabx, a fintech venture in digital lending, today announced that it is the only Indian startup that has been shortlisted by GSMA for the GLOMO 4YFN (4 Years From Now) Impact Awards 2021.
Molo Selects Optimus to Add Specialist Buy-to-let and Limited Company Conveyancing Services to its Digital Mortgage Lending Proposition
- 4 years 2 months ago
- Lending, Management
Optimus – the conveyancing panel management specialist for mortgage brokers, lenders and estate agents – has today announced that Molo Finance – the UK’s first digital mortgage lender – has partnered with Optimus to provide instant access to conveyancing quotes so customers can seamlessly instruct a top-rated and performance managed solicitor for efficient property transactions, supporting both individuals
Tech Rankings by City Belong Back in the 20th Century
- 4 years 2 months ago
- Lending
Manuel Silva Martinez, General Partner, Mouro Capital: “In the business and technology media, you often see references to a city being a leader in a particular sector or technology. Equally commonly, you hear politicians and business leaders talking about ways that their own cities can retain or get to the ‘top spot’ in their chosen sectors. Often, this is calculated by way of VC investment in particular cities and industries.
Uncapped Raises $80m to Move Beyond Lending and Offer Wider Banking Services Tailored to Digital Entrepreneurs
Uncapped, a London-based startup changing the way online companies fund their growth and inventory costs, has today raised $80 million of debt and equity in a new funding round that will enable the company to move beyond lending by launching a suite of new banking services tailored to the needs of digital entrepreneurs.
MPowered Mortgages Joins the PRIMIS Lender Panel
- 4 years 2 months ago
- Lending
MPowered Mortgages, brought to you by MQube, offers to lend for buy-to-let individual, limited company and portfolio landlords, is now available to PRIMIS members as part of the network’s lender panel. MPowered Mortgages’ product offering comes alongside the innovative in-house platform, MPowered, driving automation and innovation across the mortgage application process. PRIMIS advisers will benefit from a simple and intuitive system that... more
Broker One to Provide Digital Mortgage Capabilities Through Filogix Expert Pro
- 4 years 3 months ago
- Lending
Filogix, a Finastra company, announced that Real Mortgage Associates (RMA) & Broker One, Eastern Canada’s leading network for independent mortgage brokerages, has selected Filogix Expert Pro to provide its members with digital mortgage capabilities.
London-based Data Analytics Specialist Uses £1.75m Loan to Support International Expansion
Cube19, a data analytics specialist that works with businesses in the recruitment sector, has secured a £1.75m loan from the alternative lender BOOST&Co to support its international expansion following a strong period of growth.
Comment on RBI's Statement from Digital Lenders Perspective - LenDenClub
- 4 years 3 months ago
- Lending
Bhavin Patel - Founder and CEO, LenDenClub Bhavin is the Founder and CEO of LenDenClub – India’s largest peer-to-peer lending platform. With a decade long experience in the financial services sector, he has worked across diverse verticals - lending business; operations, ERP solutions, fundraising, credit automation among others.
LenDenClub Turns Profitable, Aims at Crossing 1,200 Crores Mark in Loan Disbursement in FY22
- 4 years 3 months ago
- Lending
LenDenClub, India's fastest-growing peer-to-peer lending platform, today announced that it has crossed the 500 crores mark in loan disbursements in Financial Year 2020-21. The company also added that it has turned profitable in this financial year.
7 Reasons Why You Should Consider a Personal Loan
- 4 years 3 months ago
- Lending
Personal loans, also known as signature loans, unsecured loans, and signature-based financing, allow a borrower to borrow funds from a lending institution with the loan amount not backed by any collateral. Unsecured personal loans typically have lower interest rates, lower fees, and longer repayment terms than credit cards or payday loans. Additionally, unsecured personal loans are usually easier to obtain than other types of loans.
How To Determine Legitimate Loan Companies
- 4 years 3 months ago
- Lending
Having a business loan may seem necessary if you're trying to expand your company. For whatever reasons you're getting a loan, you should be careful where you apply for one. Even if loans and borrowing money from licensed moneylenders have been a thing since decades ago, people still get scammed and cheated on. In Singapore, you can search up the list of legitimate money lending agencies to know which licensed money lender are you going to apply... more
CFPB Issues Reports Detailing Mortgage Borrowers’ Continuing COVID-19 Challenges
- 4 years 3 months ago
- Lending
The Consumer Financial Protection Bureau (CFPB) released two reports today showing that more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn. The first report documents that Black and Hispanic mortgage borrowers are much more likely to be delinquent or in a forbearance program than white borrowers. In a second report, the CFPB reports that overall mortgage complaints to the CFPB have risen... more
B-North Adds to ‘Bridge Round’ with Overfunded Raise
B-North, the Manchester-based firm building an SME lending bank for the UK, has so far raised more than £560,000, exceeding the £500,000 target set in an extension of its latest funding round. B-North will use the investment to further extend their cash runway as the business continues to make strong progress with the Prudential Regulatory Authority (PRA) and Financial Conduct Authority (FCA) licensing process and closes in on completing a £20m... more
X-Margin and Fireblocks Unlock Portfolio Lending for Institutional Trading of Digital Assets
- 4 years 3 months ago
- Lending, Trading Systems, Financial
X-Margin, a pioneer in applying privacy technology to credit and financial market risk, and Fireblocks, a leading digital asset infrastructure provider, today announce a partnership enabling financial institutions to source credit for cross exchange trading without revealing positions and other sensitive information to lenders.
