P2P Sustains Solid Real Returns in 2024 – Can It Keep Up?
- 2 months 3 weeks ago
- Lending
The analysts of the Robocash platform summarized the results of the first half of 2024, calculating the real return on assets for the reporting period. The findings showed that all major global markets are entering a sustainable growth trajectory compared to last year's performance.
Experian and Oakbrook Partner to Give Consumers More Competitive Loans
- 2 months 3 weeks ago
- Lending
Experian has today announced that Oakbrook, a non-bank provider of consumer lending solutions, will now be using Experian Boost data in its decisioning process for personal loan applications. This partnership will increase access to credit for customers who traditionally may not have been eligible - driving financial inclusion and offering more competitive loan options.
Experian and Paylink Solutions Partner to Launch Debt Consolidation Solution
- 3 months 2 days ago
- Lending
Experian has today announced its new partnership with Paylink, a leading provider of affordability software and payments, to address affordability restrictions with debt consolidation loans. This partnership will leverage Paylink's pioneering ReFi™ product and expand access to credit for a wider range of consumers through the Experian Marketplace.
Coreless Banking Pioneer XYB Bolsters Lending Team to Accelerate Growth
- 3 months 2 days ago
- Lending, People Moves
XYB, the leading coreless banking platform, has strategically strengthened its lending proposition by welcoming a highly skilled team from Bankish, renowned for its innovative lending solutions. Hiring this team will significantly enhance XYB’s lending capabilities and accelerate the advancement of its next-generation lending engines.
Leeds Credit Union Revolutionises Loan Decision Making
- 3 months 5 days ago
- Lending
Leeds Credit Union (LCU), in a groundbreaking partnership with software companies LendingMetrics and Singlify, is set to transform the credit union sector with the introduction of a new loan decisioning platform.
Lemon and Wiserfunding Partner to Accelerate Lending Decisions for SMBs
- 3 months 6 days ago
- Lending
British FinTech, Lemon, which specialises in SaaS finance for SMB’s has announced a strategic partnership with WiserFunding, a leader in alternative data for credit risk assessment.
Freetrade Chose Sharegain to Launch Securities Lending to Retail Clients in the UK
- 3 months 1 week ago
- Lending
Freetrade, the commission free investment platform, has launched ‘share lending’ to its clients, a new service powered by Sharegain that enables its clients to generate passive income from lending their stocks and ETFs. With Sharegain, Freetrade was able to launch its securities lending program with no upfront costs and no additional headcount. Sharegain’s technology solution enables clients to launch programs that comply with the relevant... more
Rapid Finance Selected to Demo Business Lending Platform, Lynx, at FinovateFall
- 3 months 1 week ago
- Lending
Rapid Finance, a leading small business financing platform specializing in providing customized solutions, is scheduled to demo its AI-ready data aggregation and assimilation platform, Lynx, at the upcoming FinovateFall conference on Monday, Sept. 9th at 12:06pm ET.
ABN AMRO and nCino Partnership Driving Digital Transformation Across Corporate Lending
- 3 months 2 weeks ago
- Lending
nCino, Inc., a pioneer in cloud banking for the global financial services industry, announced that ABN AMRO, one of the largest banks in the Netherlands, is live on nCino’s Cloud Banking Platform.
Klarna Customers Can ‘Save Now, Pay Later’ With New Balance and Cashback Features
- 3 months 2 weeks ago
- Lending
Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks a significant step forward in Klarna’s mission to disrupt retail banking and become an every day spending partner to the world’s consumers.
Lili Teams Up with Dun & Bradstreet to Empower Small Businesses to Take Steps to Establish Business Credit
- 3 months 3 weeks ago
- Lending
Lili, the financial platform designed for small businesses, today announced a strategic collaboration with Dun & Bradstreet, a global leader in business decisioning data and analytics, to enhance the next generation of business banking.
Leading Credit-Building Platform Firstcard Unveils Rebrand And Expands Services To Immigrant And Underserved Credit Markets
- 3 months 3 weeks ago
- Lending
Firstcard, a leading credit-building platform, announces its expansion into new markets to help broader communities build credit. Initially focused on helping college students establish better credit, Firstcard now extends its services to immigrants, international students, expats, non-U.S. citizens, and individuals with low credit scores in the US.
TransUnion Report: Anticipating Future Fed Interest Rate Cuts, Consumers Continue To Use Existing Credit, Gain Access To New Lines
- 3 months 3 weeks ago
- Lending
Findings from the newly released Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion reveal that as consumers continue to await interest rate relief in the form of rate cuts, credit products continue to serve to bridge the financial gaps that may exist in many household budgets.
Responsible Lender Creditspring Provided 82% Increase in Financial Support to Borrowers During H1 2024 as Household Finances Continue to Suffer
- 3 months 4 weeks ago
- Lending
Responsible lender, Creditspring, provided borrowers with over £95 million in affordable credit during the first six months of 2024, up 82% from £52.4 million in H1 2023. Despite inflation easing, demand for affordable, short-term credit options remains high. During H1 2024, Creditspring received over seven million applications from borrowers who are locked out of mainstream credit options.
Brankas and Boost Capital: Transforming the Lending Landscape in Southeast Asia with API-Powered, Chat-Based Loans
- 3 months 4 weeks ago
- Lending
Brankas and Boost Capital have launched LoanLink, the first chat-based lending solution of its kind in Southeast Asia. LoanLink provides a user-friendly chat interface that facilitates seamless integration and instant loan applications.
