PayPal Is The Largest Non-bank Lender With Over $54B In Total Assets
Non-bank lenders have become a popular alternative to traditional banks when it comes to acquiring loans. According to data presented by TradingPlatforms.com, PayPal is the largest non-bank lender in the world with $54.27B in total assets.
Atom Bank and Credit Kudos Partner to Help Small Businesses Bounce Back
Atom bank is partnering with fintech Credit Kudos to further enhance its open data capabilities for business loan affordability assessments and deliver £1bn in lending over the next two years.
Citadele Prepares for Growth by Investing in Flexible Infrastructure Provided by the Cloud-Based nCino Bank Operating System®
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Citadele Bank, the second largest bank in Latvia by assets, will adopt the nCino Bank Operating System to help modernise its Corporate lending business i
FreshBooks Chooses Salt Edge to Bring Digital Makeover to Accounting Via Open Banking
FreshBooks, a leading accounting software available in over 160 countries, joined forces with Salt Edge, a pioneer in developing open banking solutions, to help their growing EU client base in managing business finance processes easier.
Blue Motor Finance and Credit Kudos Partner to Increase Acceptances with Open Banking Insights
- 4 years 10 months ago
- Lending
Fintech lender, Blue, has announced a new partnership with challenger credit reference agency and Open Banking provider, Credit Kudos, to extend its services to even more customers.
Cirrus Announces Capital Investment from Manifesto Agency
- 4 years 10 months ago
- Fundraising News, Lending, Cloud
Cirrus, a provider of cloud-based document management software, announced a capital investment from Portland and Milwaukee-based branding agency Manifesto, that will also coincide with a corporate branding campaign that Manifesto is leading.
HPD Lendscape Continues to Expand Team in Response to Growing Global Demand for Its Software
- 4 years 10 months ago
- Lending
HPD Lendscape, a leading international secured lending platform vendor, today announces ambitious expansion plans for its global workforce, building on 12% growth in personnel in 2020.
iwoca Named as Top SME Lender in Sunday Times HSBC International Track 200
- 4 years 10 months ago
- Lending
iwoca has been named as the top small business lender, and highest ranked fintech firm, in The Sunday Times HSBC International Track 200. Released yesterday, iwoca ranks in 20th place ahead of a number of high-growth companies including Gymshark, Chilly’s B
Atom Bank Joins Forces With Plaid to Help Small Businesses
- 4 years 10 months ago
- Lending, Open Banking
Atom, the UK’s first app-based bank, is collaborating with Plaid, an Open Finance platform and data network that powers the digital financial ecosystem, to roll out open banking services to its customers, beginning with offering small business owners a streamlined loan application journey and speedier decisions. Plaid enables customers to securely share their banking data with Atom, enabling a quicker response to lending applications.
iwocaPay Becomes Xero’s First Invoice Checkout Integration With Pay Later Option for Small Businesses
- 4 years 10 months ago
- Lending
iwoca, one of Europe’s largest small business lenders, is today announcing a UK-first integration with leading small business platform Xero.
‘Banking4U’ App by Kenya-Based SG NewTech Wins Award at Finastra’s Global Hackathon
- 4 years 10 months ago
- Lending, Banking, FinTech StartUps
SG NewTech, a Kenya-based tech services company and subsidiary of Software Group, has won an award for ‘Best in MEA’ at Finastra’s Global Hackathon “Hack the Future” for its latest project, Banking4U, designed to provide quick and easy access to bank loans.
Twenty7tec Rolls Out Aldermore APPLY Integration to All Users
Leading mortgage technology provider, Twenty7Tec, today announces that all users of the company’s CloudTwenty7 platform will now have access to the APPLY integration with Aldermore, for the submission of mortgage applications. This move follows a successful pilot of the integration, so advisers at both Mortgage Advice Bureau and Connells were able to submit applications to Aldermore from within APPLY.
FICO UK Credit Market Report December 2020: Debt Pressures Growing
- 4 years 10 months ago
- Lending
Global analytics software provider FICO today released its analysis of UK card trends for December 2020, which presents a mixed picture of UK consumer financial stability. Some of the data suggests that credit card users are managing their finances prudently, but where there is already pressure on finances, the reliance on credit cards is increasing.
New Pay As You Grow Facility Will Enable More Flexible Repayments on Bounce Back Loans for UK Smaller Businesses
- 4 years 10 months ago
- Lending
The British Business Bank, the UK’s economic development bank, today announces further details of Pay As You Grow, which helps UK smaller businesses that have taken out a Covid-19 emergency Bounce Back Loan to manage their cashflow and have a better chance of getting back to growth. Originally announced by the Chancellor of the Exchequer in September 2020, Pay As You Grow (PAYG) will enable businesses who have started repaying their Bounce Back... more
Reliance Bank Added to APPLY
- 4 years 10 months ago
- Lending
Leading mortgage technology provider, Twenty7Tec, today announces that Reliance Bank has been added to its APPLY module, enabling mortgage intermediaries to submit applications to Reliance from the CloudTwenty7 platform.
