UK’s Amplifi Capital launches personal loans provider Reevo Money
Reevo Money says its ultimate goal is to help people build their credit rating.
Reevo Money says its ultimate goal is to help people build their credit rating.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
StreamBank intends to be a partner for property professionals looking for bridging or development finance.
Nigeria’s Carbon Finance is now a full-service bank with pan-African aspirations.
The debt funding will be complemented by a seed equity round that Plurall is currently raising.
The RBI says that the new rules will be applicable to both existing and new customers.
Fintech can help connect farmers with finance and boost financial inclusion.
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
A fintech funding round-up featuring three start-ups from Europe.
A handy round-up of the recent funding endeavours of fintech companies across Africa.
The capital facility will enable the bank to lend an additional £250m to British agriculture firms through to 2023.
EarlySalary will use the new funds to expand into new markets and increase its loan book.
Jenius Bank will initially offer personal loans before expanding with savings and checking products.
FinTech Futures speaks with Himalaya Exchange CEO Jesse Brown about the future of crypto.
A borrower’s credit score is now one of their largest barriers to securing a home loan.
The firm will be laying off most of its workforce on 9 September 2022.
Capital on Tap says the funding will help SMEs access credit at a time when the UK is anticipating a recession.
Paynas provides employee management and payment services to MSMEs.
Toperty is based in Colombia and Saturn5 is based in Mexico City.
The latest raise brings the fintech’s total funding to date to $216 million in equity and debt.
MVB Financial is aiming to grow its government guaranteed lending business.
The FCA is “proactively monitoring the market to ensure expectations are met”.
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
The bank will support the creation of more than 100,000 jobs and 20,000 new homes.
Use of non-bureau, “alternative’’ credit data can help better understand the risk of a consumer.
Explore thousands of open roles on the FinTech Futures Job Board today.
Perenna intends to offer long-term fixed rate mortgages in the near future.
Arc will use the funding to accelerate its growth and expand the availability of its treasury and software products.
Over the next three years, Aeon will pour the cash into SME loans arranged by Assetz Capital.
Ocrolus’ document automation technology will help Lendflow better analyse more data.
Andrews founded Zopa in 2004 and is currently a member of the fintech unicorn’s board.
Founder Nathan Latka says the firm has deployed over $50m in capital over the last 12 months.
BNPL has become one of the most divisive credit products of the modern age.
Unit says the collaboration with Thread will “empower more companies to offer unique banking solutions”.
The firm’s investment model combines credit and equity for fintech businesses that have predictable revenue.
Truework says the funds will support its product development and hiring plans.
Goldman Sachs says it is cooperating with the regulatory body.
The financing has been provided by American multinational Citi and French investment bank Natixis.
Retail Capital will form the foundation of an expanded business banking offering within TymeBank.