Banks Won’t Lend to Us, Say More than a Quarter of UK’s Businesses
- 3 years 3 months ago
- Lending
New research exposes the difficulties businesses face accessing finance from mainstream lenders and how alternative solutions can plug the gap. More than a quarter (26%) of business leaders surveyed have had difficulties accessing finance from main banks, over a third (38%) say that banks don’t understand their business needs and two in five (41%) think banks’ lending policies haven’t kept pace with modern business needs.
Digital Lending Platform mPokket launches #MyTeacherMyHero Campaign as an Ode to Unsung Gurus
- 3 years 4 months ago
- Lending
mPokket – India’s youngest and fastest-growing lending platform – launched its Teacher’s Day campaign, #MyTeacherMyHero, celebrating the contribution of teachers in shaping the future of students. The campaign captures the heroism of every teacher by being a guiding star for every student.
Lentra Ramps Up C-Suite with CFO and CHRO Appointments
- 3 years 4 months ago
- Lending
Lentra, the fastest growing enterprise SaaS company, empowering lenders with a digital lending ecosystem, today announced the appointment of Haribandhu Patra as the Chief Financial Officer (CFO) and Bhuvaneswar Naik as the Chief Human Resource Officer (CHRO). These appointments will enhance Lentra’s ability to rapidly scale-up operations and launch innovative technology platforms that empower banks and financial institutions to democratize... more
05/09 – Weekly Fintech Recap
- 3 years 4 months ago
- Lending, Open Banking, FinTech StartUps, M&A Deals, People Moves
Partnerships Leading cryptocurrency exchange Bybit delivers rapid fiat deposits across Europe with TrueLayer
Positive Change in the Philippines Pushes Financial Inclusion Forward
- 3 years 4 months ago
- Lending
Digital lending, savings deposits and mobile money are set to be the most promising FinTech sectors in the Philippines going forward, according to analysts from Robocash Group.
Atom Bank Accredited to the New Iteration of the Recovery Loan Scheme
- 3 years 4 months ago
- Lending
Atom bank, the UK’s first app-based bank, has been accredited to the latest iteration of the Recovery Loan Scheme (RLS) by the British Business Bank, and will soon be accepting applications on its award-winning secured lending products.
Highline and Argyle Partner to Increase Consumer Access to Credit, Reduce Risk for Lenders Through Payroll-Linked Lending
- 3 years 4 months ago
- Lending
To meet the needs of U.S. consumers who are normally shut out of affordable credit products, payments fintech Highline Technologies and employment data platform Argyle have partnered to bring payroll-linked lending and bill pay capabilities to lenders nationwide.
Aquila Launches LendTech Parent Company LendSuite Software
- 3 years 4 months ago
- Lending
Aquila announces the formation of LendSuite Software with three leading lend-tech companies under its umbrella, offering clients an unprecedented array of tailored solutions and services.
29/08 – Weekly Fintech Recap
- 3 years 4 months ago
- Artificial Intelligence, Lending, Open Banking, Personal Finance, IT Innovations, M&A Deals, People Moves
Partnerships Wearable Tech Pioneer DIGISEQ Partners with AdornPay to Bring Passive Wearable Payments to the Netherlands
FormFree and Finastra Partnership Streamlines Borrower Verification for Improved Mortgage Loan Processing
- 3 years 4 months ago
- Lending
Finastra and FormFree®, a market-leading fintech company that enables lenders to understand people’s true ability to pay (ATP®), have partnered to further streamline electronic borrower verification for mortgage lenders. FormFree’s AccountChek will integrate directly into Finastra’s Mortgagebot solutions to facilitate an automated asset, income and employment verification process that paves the way for faster loan decisioning.
Revolut Launches Consumer Loans in Romania
- 3 years 4 months ago
- Lending
UK-based fintech Revolut announced it will start giving consumer loans in Romania, its second biggest market worldwide. Revolut has over 2 million users in Romania, representing about 10% of its worldwide clients.
Cloud-banking Fintech Ohpen Partners with ezbob to Offer Complete Suite of Lending Products to UK Market
- 3 years 4 months ago
- Lending
Ohpen, the first fintech platform to bring a bank to the cloud, today announces its partnership with ezbob, a UK-based software provider for banks and financial institutions. The partnership is the next step in Ohpen’s expansion into the UK market, which commenced last year with the launch of a complete mortgage platform, and will leverage ezbob’s local market expertise to provide end-to-end SME lending products, as well as continue to support... more
Channel Capital Announces New CCO as it Advances Digital Lending Proposition for SMEs
- 3 years 4 months ago
- Lending
Ion Fratiloiu has joined
Ranqx Launches in North America to ‘Fix’ SMB Credit and Lending
- 3 years 4 months ago
- Lending
Ranqx, the world’s leading fully digital small-to-medium sized business (SMB) loan origination, decisioning and monitoring platform has officially launched operations in North America. The company now aims to tackle the region’s broken SMB lending system, which is estimated to cost the economy nearly $1 trillion each year.
