Payment Assist Launches Business Lending Division to Power Automotive Growth
- 1 day 2 hours ago
- Lending
Payment Assist, the UK’s leading provider of Buy Now Pay Later (BNPL) and retail finance solutions for the automotive sector, has announced the launch of a business lending division, expanding its offering to include merchant cash advance, business loans, invoice finance and business credit cards.
NeverPay Launches “Buy Now, Pay Never” Crypto Payment System Using Staking Yields
- 3 days 20 hours ago
- Lending
NeverPay announces the launch of its crypto-based payment system designed to let users make purchases without selling their digital assets or entering into debt. The platform introduces a concept called “Buy Now, Pay Never,” allowing users to leverage the yield generated by their staked crypto to fund real-world purchases.
Zilch Signs Multi-Year Deal With Visa to Accelerate Growth and Launch Physical Card
- 1 week 3 days ago
- Lending
Zilch, the London-based ad-enabled FinTech building a revolution in the way people pay, today announced a strategic multi-year partnership with Visa, a global leader in digital payments. This deal will drive Zilch’s growth by paving the way for innovative new products and enable the launch of the company’s first-ever physical payments card, capturing an even greater wallet share of customers’ spend.
Wages Growth Impacts P2P Market Returns the Most
- 2 weeks 3 hours ago
- Lending
Robocash analysts have identified six key factors influencing the profitability of the European P2P market. According to the results, wage and GDP growth has the most importance here. The average yield of the European P2P market in 2024 ranged from 5.41% to 15.73%. Robocash analysts have determined that more than 95% of the variation in rates can be explained by six parameters.
2 in 3 People Whose Loan Repayments Are Declined Say They Have Funds Elsewhere
- 2 weeks 1 day ago
- Lending
Acquired.com, the next generation payments business powering recurring commerce, today publishes research on payment behaviour trends in the UK’s consumer lending landscape to mark the launch of its proprietary Sweeping Variable Recurring Payment (VRP) solution.
Offa Cuts Buy-to-Let Loan Rates and Fees
- 2 weeks 3 days ago
- Lending
Offa, the UK’s leading Islamic property finance fintech, has announced a raft of rate drops for its Sharia-compliant buy-to-let (BTL) products. Offa’s two-year BTL rates have dropped up to 0.21%, and up to 0.24% for five-year products, with additional rate drops on tracker rate products. Homes in multiple occupancy (HMO) and multi-unit freehold block (MUFB) product fees have also dropped from 1.5% to 1%.
LoanTube partners with Gain Credit to boost access to credit for non-prime borrowers
- 3 weeks 3 days ago
- Lending
LoanTube, the UK’s leading digital credit marketplace for underserved consumers and small businesses, has partnered with Gain Credit, the non-prime lending specialist behind Drafty and Lending Stream, to expand its platform offering. The collaboration introduces Gain Credit’s products to LoanTube’s platform, delivering even greater choice and flexibility for non-prime borrowers.
Research Reveals 2 in 5 Brits Have Used BNPL Services as Government Unveils New Rules
- 3 weeks 3 days ago
- Lending
The popularity of buy now, pay later (BNPL) in the UK shows no signs of slowing down and it continues to attract new users, as 1 in 8 Brits (13%) used BNPL services for the first time in 2024 - an estimated 6.8 million people - according to research from personal finance site Finder.
Qardy Breaks New Ground as First Egyptian Fintech to Launch Publicly via CPME SPAC
- 3 weeks 4 days ago
- Lending
Qardy, Egypt’s pioneering digital lending marketplace, is thrilled to announce that it is set to be acquired by Catalyst Partners Middle East (CPME) through a landmark Special Purpose Acquisition Company (SPAC) acquisition, valued at approximately EGP 1.16 billion (USD 23.15 million). This proposed transaction represents Egypt’s first-ever SPAC acquisition, positioning Qardy to become the nation's inaugural fintech startup to go public via this... more
Costco and Affirm Partner to Bring New, Flexible Payment Option to Costco.com
- 4 weeks 1 day ago
- Lending
Affirm , the payment network that empowers consumers and helps merchants drive growth, and
Creditinfo Launches New Platform to Boost African Businesses’ Access to Credit and Global Opportunities
- 4 weeks 1 day ago
- Lending
Creditinfo has today announced the launch of Business Information Platform Africa (BI Africa) to help African businesses and financial services access trade credit more easily and build stronger relationships with global partners. The platform will be rolled out in Kenya in June, with more markets to follow.
Billie Is the First B2B Pay Later Solution to Become Generally Available on Stripe
- 1 month 5 hours ago
- Lending
Billie, the new standard for B2B payments and a leading provider of payment solutions for business customers, is expanding its availability on Stripe. After launching just last summer, Billie is now the first B2B Pay Later provider to reach general availability status on Stripe’s financial infrastructure. With this, any online shop or marketplace in more than ten countries can now offer Billie to their business customers easily.
Froda and Wamo Partner to Strengthen SME Financing in Finland Through Card-Based Lending and Instant Loans
- 1 month 1 day ago
- Lending
Froda, a leader in embedded finance for SMEs, has joined forces with UK fintech wamo to launch card-based lending in Finland. The partnership aims to close the SME financing gap, by offering fast, flexible financing of up to €200,000 to Finnish businesses, with an ambition to support over 25,000 SMEs and drive nationwide economic growth.
Zilch Surpasses 4.5 Million Customers and £600 Million in Consumer Savings
- 1 month 2 days ago
- Lending
Zilch, the ad-enabled payments innovator, has hit a new milestone, surpassing 5 million registered customers in under five years. The UK’s fastest-growing FinTech Unicorn company is currently adding over 100,000 new customers each month.
Freedom Bank Chooses Vine to Accelerate Commercial Lending
- 1 month 5 days ago
- Lending
Vine Financial, a commercial lending accelerator for banks and credit unions, announced that Freedom Bank is using its commercial lending technology to better serve its local businesses and their financial needs.
