ZestMoney aAnnounces a Month-long travel Fest to Power Indians’ Travel Plans with Convenience
- 3 years 2 weeks ago
- Lending
ZestMoney, India’s leading and fastest-growing EMI financing and Buy Now, Pay Later (BNPL) network, today kicked off India’s biggest travel fest – #ZestTravelFest, a month-long event to power customers with convenience while planning their vacation. The fest is live on all major travel portals including MakeMyTrip, Yatra, Goibibo, EaseMyTrip, and many others, and customers can maximize their finances using ZestMoney.
DataLend: Securities Lending Revenue Up 20% YoY to $828 Million in April 2022
- 3 years 2 weeks ago
- Lending
The global securities finance industry generated $828 million in revenue for lenders in April 2022, according to DataLend, the market data service of fintech EquiLend. The figure represents a 20% increase year over year from the $690 million generated in April 2021. Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $229 million in revenue in April, a 16% increase from 2021.
Zopa’s Newest Savings Account has Hit the £100M Deposits Milestone
- 3 years 2 weeks ago
- Lending
The Smart Saver is a “hybrid” (easy access / notice) savings account aimed at users at the beginning of their savings journeys. It currently offers up to 1.45% AER. With rising inflation, energy prices, and rent increases adding considerable pressure on consumers’ finances, Zopa’s ambition is to make the £225 billion “zombie money” sitting idle in UK current accounts work harder. More context and some figures:
iLending Taps Christian Marcussen as Chief Digital Officer
- 3 years 3 weeks ago
- Lending
iLending, a national leader in automotive refinancing, is pleased to announce that Christian Marcussen has been named Chief Digital Officer. In this role, Mr. Marcussen will be responsible for technology-related, digital, and innovation services including infrastructure, security, communication services, and software development.
Fintech Lender Sonovate Launches New Platform to Enhance Embedded Finance Offering
- 3 years 3 weeks ago
- Lending
Sonovate, the fintech lender that provides finance and technology services to businesses that engage contractors and freelancers, has launched brand-new cloud-native, API-first features to support its expanding number of enterprise* customers and enhance its embedded finance offering. This enterprise-grade invoice platform will provide instant funding decisions and credit limits, variable advance and facility management, increased automation... more
SALT Launches Crypto Lending-as-a-service; Announces Cion Digital as First Partner
- 3 years 4 weeks ago
- Lending, Cryptocurrencies
The partnership will bring point-of-sale crypto lending solutions to 5,000+ auto dealerships SALT and Cion Digital today announced a strategic partnership to bring SALT’s crypto lending solutions to 5,000+ auto dealerships in the US. The announcement marks the launch of SALT’s Embedded Crypto Lending Service, which will enable financial service providers and fintech platforms to rapidly deploy crypto financing solutions.
Global Currencies, Stocks and P2P Investments are Emerging as Top Assets in 2022
- 3 years 4 weeks ago
- Lending, P2P Lending
In the top assets ranking, alternative investment instruments give way to traditional ones due to the simplicity of the latter. At the same time, P2P lending ranks third in the aggregate of all factors, having proven itself to be a profitable and reliable asset.
FinSS Global Announces Partnership with Uplinq, the Global SME Credit Assessment Platform
- 3 years 4 weeks ago
- Lending, Credit Cards
Australian technology and digital transformation firm, Fintech Solutions and Services Global (FinSS Global) is delighted to announce a partnership with Uplinq, the first global credit assessment platform for SME lenders. The partnership signifies the technology companies’ joint mission in helping banks and lenders deliver lending innovation and financial inclusion for their small business customers, the backbone of economies, across the globe.
MogoPlus selects TrueLayer for Open Banking Data Access in Australia Using the Consumer Data Right
- 3 years 1 month ago
- Lending, Open Banking, Data
MogoPlus has chosen to work with TrueLayer to access open banking data in Australia using the Consumer Data Right MogoPlus is in the process of becoming an Accredited Data Recipient approved by the Australian Competition and Consumer Commission MogoPlus are experts in the analysis of banking transaction data to empower lenders to make fully informed customer decisions through descriptive and predictive data insights
PRIMIS Integrates Twenty7Tec’s APPLY Module
- 3 years 1 month ago
- Lending
PRIMIS Mortgage Network has integrated Twenty7Tec’s APPLY module into its exclusive back-office system, Toolbox. This will enable Toolbox users to submit applications to multiple lenders without the need to re-key data. PRIMIS members will now have access to the APPLY system, on top of Twenty7Tec’s SOURCE platform, the sophisticated search engine for mortgage, equity release, secured and bridging loan products.
Entrepreneur Lending Service CARD Advance Collaborates with Nordigen for Streamlined Client Checks
Belgian lending service CARD Advance has linked up with the world’s only free open banking platform,
GO Partners With Scienaptic AI To Revolutionize Automotive Screening For Millions
- 3 years 1 month ago
- Artificial Intelligence, Lending
Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that GO, a first-of-its-kind car subscription, has partnered with the company to provide enhanced and faster decisions to its customers. In partnering, GO looks to increase the availability of its offering using transformative technology in its screening and decisioning process.
Blend Network Secures £120M Committed Capital From a Consortium of Large Family Offices to Deploy in The UK Housing Market
- 3 years 1 month ago
- Fundraising News, Lending
Market-leading and award-winning specialist development finance lender Blend Network (“Blend”) has SECURED £120 million committed capital from a consortium of large family offices to significantly boost its lending capability and further support mid-size property developers in the UK.
Wolters Kluwer and Lightico Announce Collaboration as Demand for Digital Completion Cloud Skyrockets
- 3 years 1 month ago
- Lending, Banking, SaaS, Compliance, Insurance
Out-of-the-box integration provides Lightico customers with Wolters Kluwer eOriginal market-leading eVaulting technology, ensuring seamless and compliant auditing, securitization and transfer of Digital Originals®
Credit Score Checking on the Rise as Consumers Tackle Cost of Living Crisis
- 3 years 1 month ago
- Lending, Credit Cards
A new report by global information and insights provider TransUnion has revealed that the number of people regularly checking their credit score has increased by nearly a third (30%) since the pandemic begani.
