Canopy Servicing and Moov Partner to Transform Loan Repayments for Lenders
- 5 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
- 5 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
- 5 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.
Mambu Partners With Good Money By GSB, Launching Its New Digital Lending Platform For Underserved Thai Citizens
- 5 months 3 weeks ago
- Lending
Today, Mambu announces the success of its partnership with Money DD, a subsidiary of the Government Savings Bank (GSB) of Thailand. The partnership has supported the launch of the “Good Money” application, offering new opportunities for underserved Thai citizens.
Froda and Lunar Expand Embedded SME Lending Partnership to Sweden
- 5 months 3 weeks ago
- Lending
Froda, a leading Nordic fintech, and Lunar, the digital challenger bank, are thrilled to announce the expansion of their partnership into Sweden. This builds upon their successful launch in Denmark in 2023, where Froda’s embedded SME lending solution was introduced to Lunar’s customers. Now, Swedish customers will gain access and benefit from the same innovative lending solution.
1 in 8 Brits Turned to BNPL for the First Time Last Year Despite Delay in Regulations Until 2026
- 6 months 2 days ago
- Lending
The popularity of buy now, pay later (BNPL) in the UK shows no signs of slowing down, as 1 in 8 Brits (13%) used BNPL services for the first time in 2024 - an estimated 6.8 million people - according to new research from personal finance site Finder.
Algebrik AI And Plaid Join Forces To Simplify Loan Approvals With Smarter, Faster Data Connectivity
- 6 months 2 days ago
- Lending
Algebrik AI Inc., a Delaware-incorporated company headquartered in New York City, pioneering the world's 1st cloud-native, AI-powered, digital-era Loan Origination Platform (LOS), today announced its partnership with Plaid, the data network powering the digital financial ecosystem.
Bain Capital Joins Versana, Accelerating Modernization of the Corporate Loan Market
- 6 months 1 week ago
- Lending
Versana today announced the addition of Bain Capital Credit ("Bain Capital") as a subscriber to its centralized, digital data platform. Bain Capital is one of the world's leading private investment firms specializing in corporate credit and has become the 13th top-tier financial institution to join Versana's innovative platform.
NettyWorth Launches AI-Powered Loan Protocol with $124M Wallet Value, Unlocking Liquidity for NFTs and RWAs
- 6 months 1 week ago
- Lending
NettyWorth, the first AI-powered loan protocol for NFTs and Real-World Assets (RWAs), is reshaping decentralized lending with its official launch, achieving $124M in connected wallet value.
PayCaptain Funded £10M of Free Wage Advances to Employees with Low Financial Resilience in 2024
- 6 months 1 week ago
- Lending
PayCaptain – a cloud-based payroll software solution – has shared updates of its 2024 performance and goals for the year ahead. Founded in March 2020, PayCaptain now services 150 customers with 30,000 employees being paid every month. 2024 saw annual recurring revenues figures hit £2M. Based on PayCaptain’s high retention rate and engaged pipeline the business is set to achieve £3M annual recurring revenue and continued EBITDA growth in 2025.
Gatehouse Bank Introduces Buy-to-Let Product Changes, Including Enhancements for UK Expats and International Residents
- 6 months 1 week ago
- Lending
Gatehouse Bank has announced a series of changes to its range of Buy-to-Let (BTL) Purchase Plans.
TreviPay and TICO Manufacturing Partner to Offer Net Terms Program, TICO Charge, to Dealers and Fleet Services
- 6 months 2 weeks ago
- Lending
TreviPay, the most-trusted B2B payments and invoicing network, today announced a partnership with
Responsible Lender Creditspring Provides Over £200M in Affordable Loans to Borrowers During 2024
- 6 months 2 weeks ago
- Lending
Responsible lender, Creditspring, provided £207 million in affordable loans during 2024 as borrowers increasing seek short-term financial support. This was an increase of 63% compared to the £127 million lent to Creditspring members in 2023.
Plumery Launches Digital Lending Delivering Loan Application to Disbursement in Under Three Minutes
- 6 months 2 weeks ago
- Lending
Plumery, a digital banking experience platform for customer-centric banking, today announced it has launched Digital Lending, a fully end-to-end digital loan origination journey that allows bank customers to go from application to disbursement in 180 seconds.
Eligible Synchrony Mastercard Customers Now Have Access To The Pay Later Feature Of Apple Pay
- 6 months 2 weeks ago
- Lending
Synchrony , a premier consumer financial services company, is enhancing the way consumers securely shop online and in-app when checking out with Apple Pay on iPhone and iPad. Eligible Synchrony Preferred Mastercard, Synchrony Plus World Mastercard, or Synchrony Premier World Mastercard holders can now choose to pay with the standard terms of their credit card, or use a promotional offer that includes fixed monthly payments.1
