CASHe Crosses Rs. 4000 Crores in Loan Disbursals; Targets Rs. 3600 Crores of New Disbursals in FY 22-23
- 2 years 5 months ago
- Lending
CASHe, India’s leading credit & wealth-led, AI-driven financial wellness platform, announced that it has crossed the significant milestone of having disbursed 1.2 million loans worth Rs. 4,000 crores since its inception. It further stated that on the back of economic revival and a strong rebound in retail loan demand, the company is eyeing fresh disbursals worth Rs 3,600 crores in FY22-23, thereby projecting a cumulative loan disbursement of... more
IGF Announces Year-on-Year Growth, Building on Record-Breaking 2021
- 2 years 5 months ago
- Lending
Leading independent asset-based lender Independent Growth Finance (IGF) has announced its latest growth figures, building on 2021’s record-breaking results.
Biz2Credit Named Among ‘Best Places to Work in Fintech’ by Prestigious American Banker Annual Ranking
- 2 years 5 months ago
- Lending
Best Companies Group today announced that Biz2Credit was named to the list of 2022’s Best Places to Work in Financial Technology.
Clix Group Enters into Strategic Partnership with MSME Lending Platform Tezzract
- 2 years 5 months ago
- Lending
Clix Group (Clix Capital and Clix Finance), a leading non-banking financial services group with a strong pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new-age solutions for lending to MSMEs in India. Under this partnership, Clix aims to lend an additional INR1000 crore to MSMEs by the end of this year.
Ophelos Partners With Consumer Lending Fintech Plend for Ethical Debt Resolution
- 2 years 6 months ago
- Lending
Ophelos, the technology firm building fairer debt resolution for businesses and their customers, today announces it has partnered with Plend, an ethical consumer len
Report Highlights Important Issues for the Later Life Lending Market MorganAsh Responds to Financial Services Consumer Panel Research
- 2 years 6 months ago
- Lending
Andrew Gething, managing director at MorganAsh, in response to the latest research from the Financial Services Consumer Panel on later life lending, says “This research highlights some important issues for the later life lending market, and how they implement strategies for vulnerable customers in order to meet FCA regulations and do best by the customer.
ZestMoney aAnnounces a Month-long travel Fest to Power Indians’ Travel Plans with Convenience
- 2 years 6 months ago
- Lending
ZestMoney, India’s leading and fastest-growing EMI financing and Buy Now, Pay Later (BNPL) network, today kicked off India’s biggest travel fest – #ZestTravelFest, a month-long event to power customers with convenience while planning their vacation. The fest is live on all major travel portals including MakeMyTrip, Yatra, Goibibo, EaseMyTrip, and many others, and customers can maximize their finances using ZestMoney.
DataLend: Securities Lending Revenue Up 20% YoY to $828 Million in April 2022
- 2 years 6 months ago
- Lending
The global securities finance industry generated $828 million in revenue for lenders in April 2022, according to DataLend, the market data service of fintech EquiLend. The figure represents a 20% increase year over year from the $690 million generated in April 2021. Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $229 million in revenue in April, a 16% increase from 2021.
Zopa’s Newest Savings Account has Hit the £100M Deposits Milestone
- 2 years 6 months ago
- Lending
The Smart Saver is a “hybrid” (easy access / notice) savings account aimed at users at the beginning of their savings journeys. It currently offers up to 1.45% AER. With rising inflation, energy prices, and rent increases adding considerable pressure on consumers’ finances, Zopa’s ambition is to make the £225 billion “zombie money” sitting idle in UK current accounts work harder. More context and some figures:
iLending Taps Christian Marcussen as Chief Digital Officer
- 2 years 6 months ago
- Lending
iLending, a national leader in automotive refinancing, is pleased to announce that Christian Marcussen has been named Chief Digital Officer. In this role, Mr. Marcussen will be responsible for technology-related, digital, and innovation services including infrastructure, security, communication services, and software development.
Fintech Lender Sonovate Launches New Platform to Enhance Embedded Finance Offering
- 2 years 7 months ago
- Lending
Sonovate, the fintech lender that provides finance and technology services to businesses that engage contractors and freelancers, has launched brand-new cloud-native, API-first features to support its expanding number of enterprise* customers and enhance its embedded finance offering. This enterprise-grade invoice platform will provide instant funding decisions and credit limits, variable advance and facility management, increased automation... more
SALT Launches Crypto Lending-as-a-service; Announces Cion Digital as First Partner
- 2 years 7 months ago
- Lending, Cryptocurrencies
The partnership will bring point-of-sale crypto lending solutions to 5,000+ auto dealerships SALT and Cion Digital today announced a strategic partnership to bring SALT’s crypto lending solutions to 5,000+ auto dealerships in the US. The announcement marks the launch of SALT’s Embedded Crypto Lending Service, which will enable financial service providers and fintech platforms to rapidly deploy crypto financing solutions.
Global Currencies, Stocks and P2P Investments are Emerging as Top Assets in 2022
- 2 years 7 months ago
- Lending, P2P Lending
In the top assets ranking, alternative investment instruments give way to traditional ones due to the simplicity of the latter. At the same time, P2P lending ranks third in the aggregate of all factors, having proven itself to be a profitable and reliable asset.
FinSS Global Announces Partnership with Uplinq, the Global SME Credit Assessment Platform
- 2 years 7 months ago
- Lending, Credit Cards
Australian technology and digital transformation firm, Fintech Solutions and Services Global (FinSS Global) is delighted to announce a partnership with Uplinq, the first global credit assessment platform for SME lenders. The partnership signifies the technology companies’ joint mission in helping banks and lenders deliver lending innovation and financial inclusion for their small business customers, the backbone of economies, across the globe.
MogoPlus selects TrueLayer for Open Banking Data Access in Australia Using the Consumer Data Right
- 2 years 7 months ago
- Lending, Open Banking, Data
MogoPlus has chosen to work with TrueLayer to access open banking data in Australia using the Consumer Data Right MogoPlus is in the process of becoming an Accredited Data Recipient approved by the Australian Competition and Consumer Commission MogoPlus are experts in the analysis of banking transaction data to empower lenders to make fully informed customer decisions through descriptive and predictive data insights
