Leading European Fintech Capital on Tap Launches SMB Credit Card in the US
- 4 years 5 months ago
- Lending
Capital on Tap, a leading European Digital B2B lender listed by Forbes as one of the fastest-growing companies in the UK is launching in the United States, providing access to much-needed financial support for American small and medium-sized businesses (SMBs) through its innovative business credit card proposition. Capital on Tap is partnering with WebBank, which is the issuer and lender in the Capital on Tap credit card program.
Nucleus Commercial Finance Launches the First Post-Cbils Product to Support SMEs
- 4 years 5 months ago
- Lending
Nucleus Commercial Finance, one of the UK’s leading fintech lenders, has today announced the launch of Business Growth Loans. This is the first product of its kind designed to support SMEs as a top-up to the government’s Coronavirus Business Interruption Loan Scheme (CBILS), as well as helping businesses nationwide with additional funding once the scheme ends.
Atom Hits Business Lending Target Early
- 4 years 5 months ago
- Lending
Atom bank, the UK’s first app-only bank, has seen overwhelming interest for its CBILS-backed secured loans, helping the bank reach its 2020-2021 lending targets one month ahead of plan. To date, Durham-based Atom have issued 1,251 quotes for their secured CBILS loans using their Quick Quote tool, resulting in over 700 applications with a value of well over £500mn, which includes £150mn received in the past week.
PayPal Is The Largest Non-bank Lender With Over $54B In Total Assets
Non-bank lenders have become a popular alternative to traditional banks when it comes to acquiring loans. According to data presented by TradingPlatforms.com, PayPal is the largest non-bank lender in the world with $54.27B in total assets.
Atom Bank and Credit Kudos Partner to Help Small Businesses Bounce Back
Atom bank is partnering with fintech Credit Kudos to further enhance its open data capabilities for business loan affordability assessments and deliver £1bn in lending over the next two years.
Citadele Prepares for Growth by Investing in Flexible Infrastructure Provided by the Cloud-Based nCino Bank Operating System®
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Citadele Bank, the second largest bank in Latvia by assets, will adopt the nCino Bank Operating System to help modernise its Corporate lending business i
FreshBooks Chooses Salt Edge to Bring Digital Makeover to Accounting Via Open Banking
FreshBooks, a leading accounting software available in over 160 countries, joined forces with Salt Edge, a pioneer in developing open banking solutions, to help their growing EU client base in managing business finance processes easier.
Blue Motor Finance and Credit Kudos Partner to Increase Acceptances with Open Banking Insights
- 4 years 5 months ago
- Lending
Fintech lender, Blue, has announced a new partnership with challenger credit reference agency and Open Banking provider, Credit Kudos, to extend its services to even more customers.
Cirrus Announces Capital Investment from Manifesto Agency
- 4 years 5 months ago
- Fundraising News, Lending, Cloud
Cirrus, a provider of cloud-based document management software, announced a capital investment from Portland and Milwaukee-based branding agency Manifesto, that will also coincide with a corporate branding campaign that Manifesto is leading.
HPD Lendscape Continues to Expand Team in Response to Growing Global Demand for Its Software
- 4 years 5 months ago
- Lending
HPD Lendscape, a leading international secured lending platform vendor, today announces ambitious expansion plans for its global workforce, building on 12% growth in personnel in 2020.
iwoca Named as Top SME Lender in Sunday Times HSBC International Track 200
- 4 years 5 months ago
- Lending
iwoca has been named as the top small business lender, and highest ranked fintech firm, in The Sunday Times HSBC International Track 200. Released yesterday, iwoca ranks in 20th place ahead of a number of high-growth companies including Gymshark, Chilly’s B
Atom Bank Joins Forces With Plaid to Help Small Businesses
- 4 years 6 months ago
- Lending, Open Banking
Atom, the UK’s first app-based bank, is collaborating with Plaid, an Open Finance platform and data network that powers the digital financial ecosystem, to roll out open banking services to its customers, beginning with offering small business owners a streamlined loan application journey and speedier decisions. Plaid enables customers to securely share their banking data with Atom, enabling a quicker response to lending applications.
iwocaPay Becomes Xero’s First Invoice Checkout Integration With Pay Later Option for Small Businesses
- 4 years 6 months ago
- Lending
iwoca, one of Europe’s largest small business lenders, is today announcing a UK-first integration with leading small business platform Xero.
‘Banking4U’ App by Kenya-Based SG NewTech Wins Award at Finastra’s Global Hackathon
- 4 years 6 months ago
- Lending, Banking, FinTech StartUps
SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project, Banking4U, designed to provide quick and easy access to bank loans.
Twenty7tec Rolls Out Aldermore APPLY Integration to All Users
Leading mortgage technology provider, Twenty7Tec, today announces that all users of the company’s CloudTwenty7 platform will now have access to the APPLY integration with Aldermore, for the submission of mortgage applications. This move follows a successful pilot of the integration, so advisers at both Mortgage Advice Bureau and Connells were able to submit applications to Aldermore from within APPLY.
