Tradeplus24 Launches into UK with Close of £30M Debt Facility from PFG
- 3 years 2 months ago
- Lending
Global SME lending fintech Tradeplus24 is launching into the UK with the close of a £30 million debt facility provided by San Francisco-headquartered global credit fund, Partners for Growth (PFG), with advice offered by debt advisory, Neu Capital.
Robocash Group Earns 327.9 M Usd in Revenue in 2021, More Than Double Since 2020
- 3 years 2 months ago
- Lending
The international fintech holding Robocash Group has shared its financial and operational results for the FY2021. Surpassing the initial plans for the previous year on multiple accounts, including loan disbursements and revenue, the Group plans new product launches and unit economics optimisation in 2022.
Nordigen Is Kintai’s Choice of Provider for Open Banking Transaction Data
- 3 years 2 months ago
- Lending, Open Banking
Instant SME lending platform,
Blend Network Secures Backing From Top Business and Finance Figures In Latest £10m Funding Round
- 3 years 2 months ago
- Lending, Investment
Investors recognize the exciting potential for Blend’s product to digitize the property lending market Provides “Origination-as-a-Service” to family offices seeking to invest in development finance loans Brings much-needed modernization and increased efficiency to the property lending process Funding will facilitate further growth, with Blend’s lending doubling every year since 2019
Bectran Inc Awarded TRUSTe Privacy Certification Seal, Demonstrating Commitment to International Data Protection
Credit, Collections & Accounts Receivable Software leader Bectran, Inc today announced that it has been awarded the TRUSTe Privacy Certification Seal for the 6th year running.
Octopus Real Estate added to SOURCE
- 3 years 2 months ago
- Lending
Leading mortgage technology provider Twenty7Tec today announces that Octopus Real Estate has added its mortgage product range to the Twenty7Tec SOURCE module. By adding its products to SOURCE, the Octopus Real Estate product range and criteria is now available to users of CloudTwenty7, the Twenty7Tec platform.
Cynergy Bank Reaches £3Bn Lending Milestone
£3bn lent to scale-ups and property entrepreneurs across the UK Cynergy Bank, has reached a lending milestone having grown to £3bn by continuing to support SME’s, property entrepreneurs and homeowners. Cynergy Bank, the human digital bank, reached the milestone figure at the beginning of 2022 against a backdrop of two years of economic uncertainty caused by the pandemic.
Tinkoff Launches Russia's First Fully Digital Mortgage Offering
Tinkoff is introducing a new line of business – digital mortgage loans. Tinkoff’s mortgage loan offering is the first of its kind in Russia: the process will take place entirely online, from paperwork to credit issuance. Since Tinkoff has always been branchless, customers will not need to visit a brick-and-mortar location at any stage of the transaction, including when applying for electronic signatures.
CoreCard Corporation Reports Fourth Quarter 2021 Results
- 3 years 2 months ago
- Lending
CoreCard Corporation, the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended December 31, 2021.
Online Lending: A Global Industry
- 3 years 2 months ago
- Lending
Source Over the past decade, the online lending industry has grown into an important source of financing for everyday consumers and small and medium-sized businesses (SMBs). In the United States, online lending companies offer both quick cash products, such as peer-to-peer and payday lending, as well as longer-term, secured loans for mortgages and business financing.
Natwest Launches New Subsidised Loan to Help Smes Go Green
- 3 years 2 months ago
- Lending
● New Green Loans proposition will offer borrowing with no arrangement fee* to qualifying Small and Medium Enterprises (SMEs)** investing in eligible clean buildings, energy, transport and agriculture
GHD Partners with Silta to Help Develop new DeFi Lending Solution for Infrastructure
- 3 years 2 months ago
- Lending, Infrastructure
GHD, the leading professional services company, has partnered with Silta Finance to help develop Silta’s collateral bridge between infrastructure developers and decentralised finance (DeFi) by experimenting with the technology solution and providing feedback and improvement suggestions.
TransUnion Is First UK Credit Reference Agency To Accept Buy Now, Pay Later Data
- 3 years 2 months ago
- Lending, Payments, Credit Cards
Global information and insights provider TransUnion has announced it is ready to accept buy now, pay later finance into UK consumer credit files, being the first credit reference agency in the UK to do so. Following extensive research and product innovation, buy now, pay later finance – also known as deferred payment credit – will soon be included within TransUnion credit information to help protect consumers and enable finance providers to... more
Fintern Secures £40 Million to Scale Its Credit Technology and Power Fair Finance Across the UK and Beyond
- 3 years 2 months ago
- Fundraising News, Lending
After proving its model in 2021, Fintern has now raised a Series A round led by Hambro Perks to expand access to affordable consumer credit
Biz2Credit Small Business Lending Index™ for January 2022 Finds That Loan Approval Rates Increased for Every Category of Lender
- 3 years 2 months ago
- Lending
Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in January 2020