Finora Bank Increased Its Loan Portfolio by 111% in the First Half of 2025
- 2 days 15 hours ago
- Lending
In the first half of 2025, Finora Bank’s business loan portfolio grew by 111%, reaching €59 million. Deposit volumes rose by 135%, totaling €65 million. Revenue also saw a sharp increase of 74% compared to the same period last year, driven by strong demand for financing and a focused strategy tailored to business clients.
Samsung Wallet Launches In‑Store Installment Payments Through Splitit
- 6 days 14 hours ago
- Lending
Splitit is collaborating with Samsung to bring installment payments to Samsung Wallet as a new feature that lets users pay over time using their existing credit at the in-store point of sale.
NatWest Launches £500 Million Loan Offering To Build Social Rent Housing In First‑To‑Market Move
- 1 week 3 days ago
- Lending
NatWest, the largest business bank in Great Britain, is today launching new lending of up to £500 million entirely ringfenced for the building of social rent housing across the UK. This is a first of its kind offering to the market that shows the bank’s commitment to supporting the sector.
Protections To Help Buy Now Pay Later Borrowers Navigate Their Financial Lives
- 1 week 6 days ago
- Lending
The proposals include requiring lenders to check that people can afford to repay BNPL loans and to offer support if they get into financial difficulty. They form part of the FCA's commitment to helping consumers navigate their financial lives. BNPL borrowers will also be able to complain to the Financial Ombudsman Service if something goes wrong. The rules would take effect when BNPL comes under the FCA's remit in 2026. Sarah Pritchard, deputy... more
One Third Of UK Credit Customers Don’t Understand Credit Agreements
- 2 weeks 2 days ago
- Lending
A new report by the UK’s leading credit-building business, Loqbox, has uncovered a startling gap in financial literacy with one-third of UK consumers saying that they don’t fully understand the terms of their credit agreements and that younger generations, especially people aged 18-24 are experiencing the most financial stress in managing credit.
SBI Credit Guarantee Goes Live On nCino Following Rapid Implementation
- 4 weeks 8 hours ago
- Lending
nCino, Inc., the leading provider of intelligent, best-in-class banking solutions, today announced that SBI Credit Guarantee Co., Ltd. has gone live with nCino as the platform for its newly launched mortgage guarantee business.
Alibaba.com Launches Embedded B2B Pay Later Offering To Support US Businesses Amid Tariff Pressure
- 1 month 5 days ago
- Lending
Balance, the AI-powered financial infrastructure platform for B2B commerce, announced today the launch of “Pay Later for Business” on Alibaba.com, an embedded financing solution designed to give U.S. small and medium-sized enterprises (SMEs) greater purchasing power and more control over how and when they pay. With this solution, Alibaba.com’s U.S. business users have the option to access instant credit at checkout, enabling eligible ones to... more
Over One in Seven Brits Now Use Buy Now, Pay Later for ‘Bitesize’ Purchases
- 1 month 5 days ago
- Lending
As the UK Government announces regulations on Buy Now, Pay Later (BNPL) services to help protect consumers, new research from TransUnion UK reveals over eight million Brits are using BNPL for items under £50, and 4% put purchases under £25 on this short-term credit.
Visa Instalments Land On The Ecommpay Platform
- 1 month 6 days ago
- Lending
Ecommpay, the inclusive global payments platform, has been quick to embrace Visa Instalments, partnering with Visa to offer the service to its merchant customers. Newly integrated onto the Ecommpay platform, Visa Instalments enables merchants to offer consumers the facility to split their purchase amounts into convenient, fixed payments over time using their existing eligible Visa credit cards which have already been subject to affordability... more
EBANX Enables Aplazo’s BNPL Payments For Global E‑Commerce In Mexico
- 1 month 1 week ago
- Lending
EBANX, a global technology company specializing in payment services for emerging markets, and APLAZO, a Mexican fintech specializing in Buy Now, Pay Later (BNPL) solutions, announce a strategic alliance to strengthen the offering of flexible payments in Mexico. This collaboration enables international online merchants to offer their customers in Mexico accessible financing options tailored to their needs.
Simply Asset Finance Reports Record Financial Year as Total Loan Origination to Date Surpasses £1.75bn
- 1 month 1 week ago
- Lending
Simply Asset Finance, the specialist business lending provider, has achieved a major company milestone, surpassing £1.75 billion loan origination to date – a significant marker of the company’s continued growth and impact in the SME lending market since its inception.
Rapid Finance Releases Breakthrough AI Tool to Slash Loan Application Processing Times
- 1 month 2 weeks ago
- Lending
Rapid Finance, a leader in small business financing and enterprise lending solutions, today announced the launch of SPADE (Smart Processing and Data Extraction), a powerful AI-driven module integrated into its flagship data automation platform,
Loqbox Named UK’s Best Credit Building Service by Finder in 2025
- 1 month 2 weeks ago
- Lending
Loqbox, the UK’s leading credit-building business, has been named Best Credit Building Service in the 2025 Finder Awards, a respected annual programme from one of the UK’s largest independent comparison platforms.
ClearScore and Oakbrook Partner on Debt Consolidation Loans
- 1 month 2 weeks ago
- Lending
ClearScore, the financial services marketplace, today announces an expanded partnership with Oakbrook, a personal loan provider, to significantly scale the availability of ‘direct settlement’ debt consolidation loans.
Payment Assist Launches Business Lending Division to Power Automotive Growth
- 1 month 2 weeks 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.
