Salmon Launches Salmon Credit, A Milestone Product Offering An Enhanced Customer Experience
- 1 year 2 months ago
- microfinance
Consumer fintech Salmon today announces the launch of Salmon Credit – its first credit line product with built-in QR Ph payment options, providing a simple and familiar way for Filipinos to make payments at more than 600,000 QR Ph-enabled merchant locations across the country.
Spandana Sphoorty Announces Shalabh Saxena as the MD and CEO, and also Announces Other Key Business Updates
- 3 years 3 days ago
- Alternative Finance, microfinance
Additionally, Ashish Damani will take over as President and Chief Financial Officer, and Abanti Mitra to take over as Chairperson of the Board, while Deepak Vaidya will continue as an Independent Director Spandana Sphoorty Financial Limited’s Board of Directors met today and discussed several critical matters related to the leadership transition and business operations. Key Leadership Updates:
Kontomatik enters Southeast Asian market
- 5 years 8 months ago
- microfinance
Kontomatik starts operating in the Philippines and Indonesia, with further expansion plans in the SEA region, as the first Polish company delivering new data source for alternative credit scoring based on financial transaction data to consumer finance and micro-lending companies in SEA.
London-based fintech iwoca raises £150m in equity and debt capital
- 5 years 9 months ago
- Banking, microfinance, P2P Lending
iwoca, one of Europe’s fastest growing small business lenders, today announces it has raised an additional £150m in equity and debt capital. The investment brings iwoca’s total funding to £350m. iwoca’s most recent fundraising included a Series D equity round led by Augmentum Fintech, the specialist fintech venture capital investor. NIBC Bank and other existing investors, including Prime Ventures, also participated.
Kasasa Loans tech partners with CUneXus cpIXpress platform for fast and secure loan services
- 6 years 1 month ago
- microfinance, Infrastructure
Kasasa, an award-winning financial technology and marketing provider, announced today that it has partnered with CUneXus, a provider of advanced loan acquisition and automation technology for banks and credit unions.
IHS Markit Creates First One-Stop Data Solution for Syndicated Loan Market
- 6 years 1 month ago
- microfinance
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions today announced the launch of a portal that consolidates critical data for participants in the $1 trillion syndicated loan market.
SimpleFinance named the largest microfinance lender to SMEs in Russia
- 6 years 2 months ago
- microfinance, P2P Lending
MCC SimpleFinance LLC (hereafter, “SimpleFinance” or the “Company”), a high-tech Russian company specialising in providing accessible lending to small and medium-sized Russian businesses, announces that the Company has topped the National Rating Agency’s (“NRA”) ranking of organizations in the microfinance sector.
iwoca pledges £100m for small businesses in the Northern Powerhouse
- 6 years 8 months ago
- Crowdfunding, microfinance
iwoca, one of Europe’s largest small business lenders, is pledging to lend £100 million to micro and small businesses in the North of England by 2020. The alternative finance provider is making the pledge in response to the withdrawal of credit facilities for small businesses by the UK’s banks, which has been most acute in the North.
Green Dot Corporation Releases New Online Marketplace
- 8 years 6 months ago
- Alternative Finance, microfinance
Green Dot Corporation launches Green Dot Money, an online marketplace that seeks to match low and moderate income consumers with a curated set of lending partners that specialize in serving low and moderate income Americans. The loans are made by third party lenders who are members of the marketplace. Green Dot does not use its balance sheet to fund the loans nor does it assume any risk of non-repayment.
Santander Launches Kabbage Platform to Accelerate Automated SME Lending
- 8 years 7 months ago
- Alternative Finance, microfinance
Small and medium sized enterprises (SMEs) in the UK would have access to a new working capital solution from a mainstream bank which provides approval for funding between £500 and £100,000 within a matter of minutes and access to the funds within a day - a process that currently takes between two and 12 weeks. The solution from Santander, to be made available exclusively online, would leverage the powerful Kabbage Platform to accelerate... more
