SNB Capital Begins Saudi Securities Lending Journey with Broadridge
- 1 year 9 months ago
- Lending
To address recent regulatory changes, SNB Capital has chosen global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), to help build its local securities lending and borrowing business. As the largest broker and asset manager by market share in 2022 and a leading custodian in Saudi Arabia, SNB Capital will leverage Broadridge’s Securities Finance and Collateral Management (SFCM) solution to grow the coverage of its Securities... more
Tarabut Gateway Partners With KSA Micro-Lending Pioneer Tamam
- 1 year 9 months ago
- Lending
Tarabut Gateway, MENA’s leading regulated open banking platform, announces a new partnership with Tamam at LEAP Riyadh 2023. Tamam is a Shariah-compliant micro-lending service provider based in Saudi Arabia and a subsidiary of Zain, a leading telecommunications company in the MENA region.
ING and vc trade Join Forces to Digitise Lending Business
- 1 year 9 months ago
- Lending
ING announced today that it has spun out Loan Optics to vc trade GmbH, the leading digital platform in the market for private placement and promissory note loans. Loan Optics technology enables all stakeholders in the syndicated loan market (banks, borrowers, lawyers, advisers and agents) to cooperate on one central platform to originate, structure, document and negotiate digitally native loans – creating digital loan data in the process.
Freedom Finance Adds 22 Products to its Digital Lending Marketplace
- 1 year 9 months ago
- Lending
Freedom Finance, one of the UK’s leading digital lending marketplaces, is delighted to announce the continued development of its platform with more products and providers joining the panel. Well-known brands like Santander, ASDA Money and Admiral (please see a full list below this press release) have joined or extended their offering on the marketplace and added more personal loans, mortgages, credit cards, auto finance and other lending... more
Loans Available at Conotoxia for a Larger Amount and for 12 Months
- 1 year 9 months ago
- Lending
Conotoxia, a global fintech from Poland, introduces a novelty in terms of its multi-currency lending services. Customers can now apply for up to 5,000 PLN or the equivalent amount in euros, dollars, pounds or francs and repay the liability in 12 instalments.
Freedom Finance Deepens Partnership with Lender Koyo
- 1 year 9 months ago
- Lending
Freedom Finance, one of the UK’s leading digital marketplaces, is delighted to announce that it has extended its relationship with Koyo – a key partner already providing loans through Freedom Finance’s panel. From today, customers declined for loans from Koyo will automatically be able to connect to Freedom Finance’s proprietary matching marketplace.
OrangeGrid’s Mortgage Servicing Solution Now Live at Flagstar Bank
- 1 year 9 months ago
- Lending
OrangeGrid, a provider of mortgage servicing software, announces Flagstar Bank, a national leader in mortgage lending and servicing, has implemented mortgage servicing software provided by OrangeGrid to manage its loss mitigation processes and enhance internal efficiencies.
Reward’s London and South East Office Hits £15M Loan Book Milestone
- 1 year 9 months ago
- Lending
Reward Finance Group has reached a key business milestone by growing its regional loan book to £15m in London and the South East, with the SME lender also opening its London operational centre late last year and quadrupling the size of its team. Reward has supported over 40 firms across the region by providing the working capital to drive increased revenue, innovate, create new jobs or navigate through a difficult trading period.
Salford Financial Services Business Rewards High-flying Apprentice With Key Role
- 1 year 9 months ago
- Lending
Salford-based Cerberus Receivables Management (CRM) has promoted Theresa Divers to the role of Receivables Executive after a hugely successful two-year apprenticeship with the firm.
Commercial Lending Startup Foro Emerges From Stealth Mode to Democratize Access to Capital For Mid-Size Businesses
- 1 year 10 months ago
- Lending
Foro, a Charlotte-based fintech startup, today emerged from stealth mode with the national launch of its digital commercial lending platform.
Forward-Thinking Group of Community Bankers Led By Summit Technology Group Launches Lenders Cooperative to Drive Innovation in Small Business, SBA and Commercial Lending
- 1 year 10 months ago
- Lending
Recognizing the need for better innovation and solutions to support community bankers’ small business and commercial lending initiatives, Summit Technology Group (STG), a boutique consulting, services and software practice for community banks, along with a large number of its bank clients, announced the official launch of Lenders Cooperative as a standalone, client-owned platform.
Allica Bank Extends Funding Range to Include Soft Assets as it Hits £200M of Asset Finance Lending
- 1 year 10 months ago
- Lending
Allica Bank, the fintech challenger bank dedicated to supporting UK small and medium businesses, has extended its asset finance proposition to include soft assets to meet the demand from its brokers and customers. The bank is offering financial support to help businesses finance soft assets, which may include the acquisition of IT, telecoms or security equipment, and further increasing the ways that businesses can increase their cashflow.
Responsible Lender Creditspring Sees Spike in Demand as Over Quarter of a Million Borrowers Seek Credit as Cost of Living Struggles Accelerate
- 1 year 10 months ago
- Lending
Responsible lender, Creditspring, has seen a spike in demand over the last 12 months with 260,000 members seeking credit as the cost of living crisis extends into 2023. The lender’s membership base has spiked over the last 12 months – increasing from 100,000 at the start of 2022 to over a quarter of a million today.
LendInvest Partners with British Business Bank in Landmark Deal to Support the Building of More Homes, Financed by HSBC
- 1 year 10 months ago
- Lending
LendInvest, the UK’s leading asset manager for property finance, announces a partnership with the British Business Bank to help finance smaller property developers provide more homes across the UK.
finova Launches Partnership with Loans Warehouse
- 1 year 10 months ago
- Lending
finova Payment and Mortgage Services today announces its partnership with Loans Warehouse, one of the highest-ranked second-charge mortgage brokers in the finance industry.