Rapid Finance Helps Community Financial Institutions Scale SMB Lending and Boost Non-Interest Income With Its Integrated LOS and Funding Network
- 2 months 3 weeks 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
- 2 months 3 weeks 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
- 2 months 4 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
- 3 months 1 day 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
- 3 months 2 days 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
- 3 months 4 days 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
- 3 months 1 week 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
- 3 months 2 weeks 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
- 3 months 2 weeks 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
- 3 months 3 weeks 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
- 3 months 3 weeks 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.
Way.com's Recapture Program Is Revolutionizing Auto Loan Savings for Credit Union Members
- 3 months 3 weeks ago
- Lending
In addition to Way.com's traditional refinance program, the Recapture Program is revolutionizing how credit union members save on their auto loans by making the process completely effortless. Unlike other refinance programs that require customers to gather their own loan details, Way does all the work by interfacing with real time credit data that details existing loan terms. With this information, Way collaborates directly with American First... more
Canopy Servicing and Moov Partner to Transform Loan Repayments for Lenders
- 3 months 3 weeks ago
- Lending
Canopy Servicing, the leading commercial loan servicing platform, and Moov Financial, a leading provider of modern payment processing infrastructure, have joined forces to launch Canopy Repay, an integrated solution streamlining loan repayment operations for banks, non-bank lenders, and credit unions. Combining Moov’s real-time payment capabilities with Canopy’s automated servicing technology, the partnership aims to deliver greater efficiency,... more
The Nordic Fintech Bringing Buy Now, Pay Later to B2B Payments
- 3 months 3 weeks ago
- Lending
Since launching in 2021, Oslo-headquartered Two has grown 243% quarterly based on the simple premise that, in the 21st century, there is no reason for B2B payments to be as complex and analogue as they are currently. Two offers SMEs an innovative payment solution, reducing the significant time lag in the order-to-cash process, ensuring fraud is drastically reduced through an AI-powered risk processor: seeking to make it as simple for businesses... more
Third of Contractors Already Reliant on Credit as 1.1 Million Miss Self Assessment Tax Return Deadline
- 3 months 3 weeks ago
- Lending
A third (34%) of contract workers, such as gig workers on online platforms and independent contractors, are reliant on credit to pay household bills, almost three times the UK average (13%), finds new research from responsible lender, Creditspring.
