Busey Bank launches commercial credit cards with Corserv
The bank is delivering the cards using Corserv’s account issuer programme.
The bank is delivering the cards using Corserv’s account issuer programme.
Linedata says the purchase will extend its reach to the “critical sectors” of asset management, insurance and credit.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The round was led by UK-based LeapFrog Investments and supported by Aavishkaar Capital.
The Swedish start-up says the financing will “immediately” be made available to fintech lenders through its platform.
The OHB offers government-subsidised housing loans to low and middle income groups.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
Ally Financial has been on the hunt for a new CEO since the departure of Jeffrey Brown in January.
The acquisition will boost the growth of Abrigo’s existing suite of technical accounting solutions.
Vilja is entering the UK market via a partnership with local mortgage origination platform, Mast.
Due to impact 12% of its total workforce, the proposed job cuts will take effect from 7 May.
Biz2Credit will pay $33 million and Womply will pay $26 million to settle the two separate cases.
The round consists of $50 million in debt financing and $36 million in equity.
Winners of this year’s awards will be announced at a gala dinner ceremony in New York on 30 May.
The round has raised the Nigerian fintech’s valuation to $750 million.
The London-based lender provides longer term fixed-rate mortgages and soft launched last month.
Sal Rehmetullah and Suneera Madhani will act as co-CEOs of the start-up, which is set to launch this month.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The tool will be integrated into Home Wise by Lloyds Bank and HelloHome by Halifax.
The acquisition will enable Levenue to boost the footprint of its revenue-based financing marketplace.
The bank has tapped Google for solutions in cybersecurity, data, marketing and AI, among other areas.
Our pick of the top fintech news stories this week includes Fiserv, Monzo, Virgin Money and more.
The new limit is poised to save US consumers more than $14 billion a year.
The deal has yet to be finalised and Nationwide has until 4 April to put a final offer forward.
In Q4 2023, the LA-based neobank generated a GAAP net income of $200,000 and EBITDA of $10 million.
The partnership will see Clearwater leverage Cotribute’s consumer and business digital account opening modules.
The acquisition sees Ziff take control of the start-up’s flagship lending platform, Adelanta.
PayPal Complete Payments launches this week to online sellers in 22 markets worldwide.
The fintech intends to leverage the debt financing to extend its lines of credit to the underserved.
Barclays says it will use the proceeds of the sale to fund an extension of its US lending activities.
Industry innovators and thought leaders gathered in London on Tuesday for the opening day of FinovateEurope.
The duo are hoping to create a “one-stop solution” for non-dilutive growth capital.
Writing on LinkedIn, Harding says he will announce his “next professional adventure shortly”.
The New York-based credit union has signed for Corridor Platforms’ digital decisioning platform.
Commerce claims Temenos will enable a “five minutes or less” end-to-end loan origination process.
The bank has signed an eight-year agreement with the vendor for SimCorp Dimension.
MQube claims its Origo solution can assess around 20,000 data points in real time.
Cheng first joined Citi back in 1993, and has since risen through the ranks of its corporate banking division.
The bank is to instate Pagaya’s AI tech within its Simple Loan function.
The integration marks the start-up’s attempt to improve the market agility of its digital loan services.