Salmon Simplifies Loan Repayment for Its Clients
- 1 year 2 months ago
- Lending
Consumer fintech Salmon today announces it has made another step in simplifying loan repayment for its clients.
UK and Swedish Fintechs, Zorrz and Sileon, Partner for New Credit Products
- 1 year 3 months ago
- Lending
UK fintech Zorrz™ Finance and Swedish fintech Sileon, specialised in card-based Buy Now, Pay Later (BNPL) functionality, have announced a partnership to enable more consumers to access BNPL solutions.
P2P to Replace Fixed Income Instruments
- 1 year 3 months ago
- Lending
P2P lending together with risky assets has all the potential to become an effective strategy for diversifying investment portfolios in terms of risk and return. Analysts of the Robo.cash platform have studied multiple portfolio combinations using the Sharpe ratio. The maximum value of the ratio indicates the optimal asset allocation. As a result, 4 options with the highest Sharpe coefficient in each pair were chosen: P2P + Stocks, P2P + Bonds,... more
Param Accelerates European Expansion with Twisto Acquisition
- 1 year 3 months ago
- Lending
Param, Turkey's biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto.
The Savings Banks Group to Renew its Lending Platform in Collaboration with Tietoevry
- 1 year 3 months ago
- Lending
Tietoevry is proud to announce its collaboration with The Savings Banks Group Finland to renew its lending platform, where Tietoevry’s Lending Suite, the leading credit solution in the Nordic markets, will serve as the foundation. This strategic partnership is part of a broader initiative by The Savings Banks Group to invest more than 100 million euros in shaping the future of its operations and creating the next generation IT solutions.
Two-thirds More SMEs Experiencing Difficulty in Accessing Finance from Mainstream Lenders
- 1 year 3 months ago
- Lending
Two-thirds (65%) more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022* as mainstream lenders pull away from the SME market, according to new data from Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce.
mPokket Introduces ‘Don’t-Feel-Like-It’ Policy to Promote Employee Productivity and Well-being
- 1 year 3 months ago
- Lending
mPokket – a leading digital lending platform – today announced the introduction of its new work-from-home policy, ‘Don’t-Feel-Like-It’ (DFLI), aimed at enhancing employee morale, motivation, and mental well-being while promoting a healthy work-life balance. This innovative policy reflects mPokket’s commitment to fostering a productive and harmonious work environment that prioritizes the overall well-being of its team members.
Reevo Money Joins Freedom Finance’s Lending Panel
- 1 year 3 months ago
- Lending
Freedom Finance, one of the UK’s leading digital borrowing marketplaces and embedded finance providers, is delighted to add personal loans from Reevo Money to its market-leading lending panel. Personal loans from Reevo will be available through all of Freedom Finance’s partners and via its direct-to-consumer marketplace.
Evolution Money Secured Loans Added to Freedom Finance
- 1 year 3 months ago
- Lending
Freedom Finance, one of the UK’s leading digital borrowing marketplaces and embedded finance providers, is delighted to add secured loans from Evolution Money to its market-leading lending panel. Secured loans from Evolution Money will be available via Freedom Finance’s direct-to-consumer marketplace.
QV Systems and Time Finance Expand Partnership to Provide Finance to High Growth Businesses
- 1 year 3 months ago
- Lending
QV Systems, the SaaS asset finance software provider, has extended its partnership with Time Finance to unify and modernise credit origination to support high-growth businesses. Through the partnership, QV Systems has provided the front and middle-office software to run key operations for Time Finance, helping them to deliver lending and finance solutions to customers.
ClearScore Launches Automated Debt Repayment Technology
- 1 year 4 months ago
- Lending
ClearScore, one of the UK’s leading financial services marketplaces, today announced the launch of ‘Clearer’, a product that automatically repays people’s existing debt when taking out a debt consolidation loan. The first-of-its-kind technology behind Clearer ensures that funds for debt consolidation go directly to paying off debt, thereby ensuring better outcomes for borrowers. Automated debt repayment also reduces risk for the lender,... more
Prodigy Finance Establishes another $350 Million Facility for International Masters Students with Citi, Schroders Capital, and SCIO Capital
- 1 year 4 months ago
- Lending
Prodigy Finance, a social impact-driven FinTech and a leading international student loan lender, is proud to announce a $350 million facility with Citi, Schroders Capital and SCIO Capital. This is the first transaction that Prodigy has closed under their new multi-issuance special purpose vehicle structure.
16 Million Brits Still Don’t Know You Can Get into Debt Using BNPL Services
- 1 year 4 months ago
- Lending
16 million people in the UK are still unaware you can get into debt using ‘Buy Now Pay Later’ (BNPL) services*, according to research from responsible lender, Creditspring. A third of people (31%) still don’t think that BNPL purchases can lead to debt, however, this jumps to over half (51%) for those aged 18-24 who are 29% more likely to use BNPL than then UK average.
Core10 Joins the Jack Henry™ Vendor Integration Program (VIP)
- 1 year 4 months ago
- Lending
Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending, account opening, and BaaS products, as well as software development services, today announced that it is expanding its participation in the Jack Henry™ Vendor Integration Program (VIP).
Decentro Makes its First Acquisition with Neowise to Strengthen Itself in the Lending Infrastructure Space
- 1 year 4 months ago
- Lending
Decentro, a leading fintech infrastructure company, has announced its expansion in the lending infrastructure space through its first-ever acquisition of Neowise. The acquisition, executed in a combination of cash and stock, includes acquiring all assets, mainly its advanced collection suite, and integrating the acquired company as a wholly owned subsidiary of Decentro's India arm. This strategic move strengthens Decentro's position in India's... more
