Fintech Lender Creditspring Saving Members Over £17M in Borrowing Fees as Cost of Living Crisis Gathers Pace
- 3 years 11 months ago
- Lending
Fintech lender, Creditspring, is currently saving its members £17m in UK borrowing costs by offering a no-interest alternative to high-cost credit options, providing a lifeline to borrowers in the cost of living crisis.
FICO and Network International Build on Partnership to Help Middle East and Africa Lenders Expand Digital Economy
- 3 years 11 months ago
- Lending
Global analytics software provider FICO and Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), announced today that they have expanded their partnership to bring lenders the most powerful fraud protection and credit management solutions. These solutions, available in hosted mode from Network International, will help financial services providers expand the digital economy across the region.
Finastra Launches Embedded Consumer Lending Solution
- 3 years 12 months ago
- Lending
Finastra today unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS). Financial institutions, distributors and merchants will benefit from a platform that makes it easy for their customers to access lending options.
Lentra Acquires AI Startup TheDataTeam to Accelerate Digital Lending Platform Business
- 3 years 12 months ago
- Lending
Lentra AI Private Limited, one of the fastest-growing digital lending cloud platforms, has announced the acquisition of Chennai and Singapore-based AI company TheDataTeam (TDT). Lentra will deploy TDT’s flagship behaviour intelligence platform Cadenz to help banks and financial institutions make better data-driven decisions on customer creditworthiness based on their unique financial journey. This will help launch new innovative products for a... more
Stake Gives Investors a Piece of the Pie with New Stock Lending Product
- 4 years 2 days ago
- Lending
Leading digital broker Stake is again breaking barriers for retail investors in Australia with the launch of a brand new product, Stock Lending. Investors will be able to earn passive income on the U.S. stocks they hold with Stake by having them lent out through the securities lending market.
Alternative Lending Dominates in Asia but Bank Loans Hold Strong in Malaysia and India
- 4 years 3 days ago
- Lending
Robocash Group revealed that the lending from traditional banks is being replaced by the non-bank options with the fastest-growing rates in the Philippines and Singapore. The total opposites are Malaysia and India, where the banking sector is currently experiencing more rapid growth.
Proportunity Announces it will be Launching the UK’s First Zero Deposit Mortgage Product, as Part of its Fundraise
- 4 years 1 week ago
- Lending
Proportunity, a London-based neolender, today announces it is working on bringing the UK’s first zero deposit mortgage product to market later this year. The announcement was made as part of its crowdfunding campaign with Seedrs to grow the business and help more people in the UK become homeowners sooner.
DivideBuy Announces Several New Pivotal Hires for Commercial Senior Leadership Team
- 4 years 1 week ago
- Lending
DivideBuy, the leading UK point-of-sale (POS) finance pioneer, has today announced multiple appointments to its commercial senior leadership team to drive the company’s commercial strategy and fuel its ambitious growth trajectory.
Scroll Finance partners with Modulr to Disrupt Homeowner Financing
- 4 years 2 weeks ago
- Lending
Scroll Finance (Scroll), a next-generation fintech providing smart financing solutions to homeowners, has today announced that Modulr, the embedded payments platform, will power its underlying payments infrastructure.
CASHe Crosses Rs. 4000 Crores in Loan Disbursals; Targets Rs. 3600 Crores of New Disbursals in FY 22-23
- 4 years 2 weeks ago
- Lending
CASHe, India’s leading credit & wealth-led, AI-driven financial wellness platform, announced that it has crossed the significant milestone of having disbursed 1.2 million loans worth Rs. 4,000 crores since its inception. It further stated that on the back of economic revival and a strong rebound in retail loan demand, the company is eyeing fresh disbursals worth Rs 3,600 crores in FY22-23, thereby projecting a cumulative loan disbursement of... more
IGF Announces Year-on-Year Growth, Building on Record-Breaking 2021
- 4 years 2 weeks ago
- Lending
Leading independent asset-based lender Independent Growth Finance (IGF) has announced its latest growth figures, building on 2021’s record-breaking results.
Biz2Credit Named Among ‘Best Places to Work in Fintech’ by Prestigious American Banker Annual Ranking
- 4 years 3 weeks ago
- Lending
Best Companies Group today announced that Biz2Credit was named to the list of 2022’s Best Places to Work in Financial Technology.
Clix Group Enters into Strategic Partnership with MSME Lending Platform Tezzract
- 4 years 3 weeks ago
- Lending
Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new-age solutions for lending to MSMEs in India. Under this partnership, Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year.
Ophelos Partners With Consumer Lending Fintech Plend for Ethical Debt Resolution
- 4 years 1 month ago
- Lending
Ophelos, the technology firm building fairer debt resolution for businesses and their customers, today announces it has partnered with Plend, an ethical consumer len
Report Highlights Important Issues for the Later Life Lending Market MorganAsh Responds to Financial Services Consumer Panel Research
- 4 years 1 month ago
- Lending
Andrew Gething, managing director at MorganAsh, in response to the latest research from the Financial Services Consumer Panel on later life lending, says “This research highlights some important issues for the later life lending market, and how they implement strategies for vulnerable customers in order to meet FCA regulations and do best by the customer.
