Froda and Visa Expand Their Partnership to Enhance Lending to Small Businesses
- 8 months 3 weeks ago
- Lending
More than half of European small businesses struggle with accessing financing. In response, the Swedish fintech company Froda expands its partnership with Visa, a world leader in digital payments, to scale embedded SMB lending across Europe. This enables other fintechs, banks, and neobanks to access Froda’s card-based embedded lending product to offer business loans to their customers.
Yapily's Open Banking Solutions Fuel Uncapped's Mission to Provide Swift Financial Support to Businesses
- 8 months 3 weeks ago
- Lending
Yapily, a leading provider of open banking solutions, is delighted to announce its partnership with Uncapped, a pioneering fintech providing working capital funding to scaling brands retailers and merchants across UK, EU and US. This collaboration significantly bolsters progress in the financial lending sector and democratises access to capital for online companies.
American Express® Cardmembers Can Now Pay in Instalments, with Plan It ™
- 8 months 4 weeks ago
- Lending
American Express has today launched ‘Plan It’ – a new offering for the UK market that allows credit Cardmembers to pay off purchases on their statement, or a portion of their monthly bill, in instalments.
iwoca Partners with Business Account Provider Countingup to Offer Flexible Loans
- 8 months 4 weeks ago
- Lending
iwoca, one of Europe’s largest SME lenders, today announces a partnership with business account provider Countingup to make business finance available to almost 10,000 of Countingup's users at the touch of a button.
Repay Partners With Maxyfi to Modernize the Collection of Payments
- 9 months 2 days ago
- Lending
Repay Holdings Corporation, a leading provider of vertically integrated payment solutions, today announced a new partnership and technology integration with Maxyfi, a provider of collections and accounts receivable
Buy Now, Pay Early: 97.4% of Klarna Black Friday Purchases Paid off on Time or Early
- 9 months 3 days ago
- Lending
Klarna, the AI-powered global payments provider and shopping assistant, has revealed UK consumers paid off 97.4% of Black Friday orders on time or early, an increase of 2% compared with last year. The data comes as Bank of England boss Andrew Bailey declared yesterday that the UK’s recession may already be over. Klarna’s Buy Now Pay Later products are always interest-free and, if paid on time, incur no fee.
Zilch Launches Pay Over 3 Months Interest-free Regulated Product
- 9 months 3 days ago
- Lending
Zilch, the ad-subsidized payments network (ASPN), today announces the launch of a new credit payment product, allowing its customers to spread interest-free repayments for larger purchases over three months. The new ‘Pay over 3 months’ product will provide more flexibility to customers and drive up Zilch’s market-leading wallet share.
Finastra’s Filogix Unveils Automated Lender Note Capabilities, Powered by Gen AI
- 9 months 3 days ago
- Artificial Intelligence, Lending
Finastra’s Filogix team has unveiled new generative AI (Gen AI) capabilities in its Expert Pro Canadian Mortgage Point of Sale (POS) solution. The function automates the creation of borrower narratives (notes) that aids in lender underwriting – streamlining processes, saving time and minimizing errors for brokers.
BankiFi and Praetura Unveil Next Stage of Strategic Partnership to Revolutionise Lending for SMEs
BankiFi and Praetura, the Manchester-based fintech and alternative lending companies, have launched a new lending-as-a-service solution that will boost SMEs’ access to growth funding.
Adyen and Billie Partner Up to Bring Buy Now, Pay Later to Businesses Across Europe
Adyen, the financial technology platform of choice for leading companies, and Billie, the B2B payments innovator, join forces to let Adyen’s customers enable B2B Buy Now, Pay Later (BNPL) payment services.
Top US Bank, Commerce Goes Live with Loan Origination on Temenos Banking Platform
- 9 months 5 days ago
- Lending
Temenos, today announced that Commerce Bank, a top US bank, has gone live with Temenos’ (Infinity) loan origination solution, increasing operational efficiency and delivering a frictionless, hyper-personalized customer experience.
Wolters Kluwer Analysis Shows U.S. Lenders Who Embrace Digital to be Better Positioned
- 9 months 6 days ago
- Artificial Intelligence, Lending
As the market watches for an anticipated drop in U.S.
Mollie Capital Launches to Provide UK Merchants with Fast and Flexible Financing
Mollie, one of the fastest-growing financial services providers in Europe, today announced the UK launch of Mollie Capital - a fast and flexible way for SME merchants to access funding. Mollie Capital gives UK retailers the opportunity to bypass traditional lenders and access up to £250,000 to help drive growth.
U.S. Bank Expands Client Access to Personal Loans
- 9 months 1 week ago
- Lending
Personal loans can be an effective way for some people to consolidate debt, pay for home improvements or cover other large, unexpected bills. But for some borrowers, meeting traditional lending requirements for a personal loan can be a challenge.
Responsible Lender Creditspring Supported Borrowers with £127M in Short-term Credit During 2023 as Financial Pressures on Households Continue
- 9 months 1 week ago
- Lending
Responsible lender, Creditspring, provided borrowers with £127m in short-term, affordable credit during 2023.