Lucky – Egypt’s Leading App for Credit Products, Offers & Cashback Rewards – Announces $25 Million Fund Raise
- 2 years 8 months ago
- APIs, Fundraising News, Lending, Platform Technology
Funding round led by ‘Nclude by Global Ventures’ – the new Fintech fund launched to accelerate Egypt’s Financial Innovation Lucky, Egypt’s leading app for credit products, offers and cashback rewards, announces its completion of a $25 million fund raise.
Versana, Founded by Top Global Banks, Launches to Transform the $5T Syndicated Loan Market
Versana today announced its plans to launch a leading-edge, industry-backed syndicated loan platform, joining together banks, institutional lenders and their service providers to bring transparency, efficiency and velocity to this $5 trillion market.
X-Margin and Atlendis Form Credit Evaluation Partnership to Facilitate Uncollateralized Crypto Loans
- 2 years 8 months ago
- Lending, Alternative Finance
X-Margin’s credit evaluation will reduce the inherent risk of DeFi lending by providing greater visibility to lenders using the Atlendis protocol
Robo.cash Launches lLoans from Sri Lanka
- 2 years 8 months ago
- Lending
The European investment platform Robo.cash introduces new commercial loans, which will be provided by the company of Robocash Group in Sri Lanka. Now platform users will be able to invest in loans for a period of 3 years at 12.5% with monthly interest payments.
TheClaimsGuide.com Sees Faster Payouts For Lending Stream Compensation
- 2 years 8 months ago
- Lending
Payday loan companies have made millions of pounds worth of unaffordable loans over many years. The Claims Management Company TheClaimsGuide.com is seeing faster responses for complaints against payday lender Lending Stream.
Community Choice Credit Union To Deploy Scienaptic’s AI-Powered Credit Decisioning Platform
- 2 years 8 months ago
- Artificial Intelligence, Lending
Deployment aims to significantly improve loan approval rate and automated decisions\ Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Community Choice Credit Union has chosen its AI-based underwriting platform to provide enhanced and faster credit decisions for its members.
EIF Backs Lending Marketplace Estateguru in Launching a New Credit Fund
- 2 years 8 months ago
- Lending
The European Investment Fund (EIF) has committed to making a cornerstone investment in the Estateguru Senior Secured Credit Fund The new fund has a target size of up to €170 million and is aiming to invest in senior secured SME property-backed loans originated primarily in the Baltics, Finland and Germany
Forest Area Federal Credit Union Selects Scienaptic’s Platform For AI-Based Credit Underwriting
- 2 years 8 months ago
- Artificial Intelligence, Lending
Scienaptic's platform to enable deeper automation of lending and more approvals Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Forest Area Federal Credit Union has selected its platform for faster credit decisioning.
UK SMEs set to Benefit as Growth Lending Partners with Currencycloud
- 2 years 8 months ago
- Lending, Alternative Finance
The B2B alternative finance provider Growth Lending has partnered with Currencycloud, the experts simplifying business in a multi-currency world. Clients will enjoy rapid access to funds, greater flexibility and access to leading FX solutions.
Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study
- 2 years 8 months ago
- Lending, Credit Cards
Analysis of 100,000 Firms Finds Pandemic Revenues and Profits Fell Last Year NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- The annual Biz2Credit Women-Owned Business Study found that profits for female business-owners dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, the primary reason profits fell in 2021.
Lending Industry Must Be Alert to Poor Consumer Outcomes as Millions Still Not Shopping Around for Credit
- 2 years 8 months ago
- Lending
Fifteen million UK borrowers have a ‘poor understanding’ of how to compare loan costs • 40% who took out personal loans did not compare the rate available with other providers, and 23% did not know the “rough” APR on the loan they had taken out • Freedom Finance matches people to loans they are eligible for at the best possible rates
The ‘Pink Tax’ Found to Be a Barrier for Women Investing in Long-term Savings
2 in 5 men and women believe it costs more to be a woman because of the ‘pink tax’ The majority of survey respondents believe it costs more to be a woman because women are under more pressure to consume than their male counterparts (46% female and 41% male) 14% of female respondents believe that life being more expensive as a woman is a key barrier women experience when saving for retirement, compared to 9% of male respondents
Yooz Named Top Performer in the Winter 2022 Accounts Payable Software Customer Success Report
Yooz has been named a Top Performer in the Accounts Payable Software category for the Winter 2022 Customer Success Report published by FeaturedCustomers. FeaturedCustomers is the leading customer success content marketing platform for B2B business software & services helping potential B2B buyers make informed purchasing decisions through vendor validated customer success content such as customer testimonials, success stories, case studies,... more
TotallyMoney Launches new Cashplus Credit Card to Close the £6Bn SME Lending Gap for UK’s 3.2 Million Sole-traders
- 2 years 8 months ago
- Lending, Credit Cards
TotallyMoney, the credit app which helps everyone move their finances forward, has partnered with Cashplus, the leading SME-focused digital challenger to launch its new, market-leading cashback credit card.
finova Bolsters Its Servicing Proposition With Migration to Microsoft Azure
Leading fintech provider finova fully migrates its servicing solution to the cloud using cloud computing service, Microsoft Azure The enhanced product has built-in security controls, advanced self-serve features and leverages finova’s API gateway for rapid third-party integration The proposition is integrated to finova’s market-leading Apprivo2 core banking platform
