Intrum picks Qualco software to streamline debt collection
The deal follows a 15-month analysis phase.
Lending
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
Starling Bank partners with CreditLadder
The integration aims to help renters get on the property ladder.
White paper: How to scale a fintech
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An after after-dark round-up
FinTech Futures unravels the hot topics covered at 11:FS’ live podcast.
Australian FIs team up for Lygon blockchain pilot
The platform will seek to modernise the management of bank guarantees.
Instarem seeks banking licence in Singapore
The fintech is looking for a partner bank to do so.
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
Blend raises $130m for digital loans
The lendtech has also welcomed new execs.
Finicity and LendingQB partner to accelerate mortgage process
The solution helps lenders spot underwriting factors that can make the process faster.
Roostify teams up with HSBC Bank USA
The new tech will revamp the digital mortgage experience.
Next decade is set to be transformative for small business finance
The tools on offer and the demographic of small business owners will change dramatically in ten years’ time.
Phoebus Software achieves buyout backed by NorthEdge Capital
After 30+ years of private ownership, UK-based Phoebus has concluded a management buyout.
Growth Street receives £10m funding round
Funds will be used to transform the business overdraft.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
In-store credit firm Sunbit attracts $26m funding
The company wants to target health and safety-related markets.
SoftBank confirms $200m investment in Creditas
The Brazilian lendtech provides credit with houses or vehicles as collateral.
Transforming the loan experience
Simple and flexible digital platforms could be the key to improved customer repayment rates.
FCA tackles overdraft rules on new consultation paper
It proposes more transparency for better customer experience.
FCA introduces new rules for P2P platforms
P2P platforms must implement changes by 9 December 2019, but the application of MCOB is immediate.
Biz2Credit closes $52m Series B round
Bix2X platform aims to improve access to working capital for SMEs.
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SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Half of SMEs are getting paid after 72 days
More than one-third of start-ups and SMEs are suffering with cash flow issues, with a total of £26bn owed to them.
Capgemini powers Skandiabanken’s new mortgage platform
The new tech uses the Pega Platform, the digital process automation (DPA) platform from Pegasystems
Instalment payment option added to lastminute.com via Divido
This provides instant access to credit by connecting shoppers to multiple lenders at the moment of purchase.
Allegacy FCU takes Fiserv core and other applications
The institution is understood to be replacing FIS’ old Miser system.
Wagestream raises £40m for “get-paid-as-you-earn” service
It is the UK’s largest pool of social impact investment.
Why Iron Man is the ultimate mortgage broker
“Iron Man” – super-powered, not totally automated.
Swedish refinancing start-up Anyfin eyes European expansion with €8m investment
The extended Series A round brings total investment to €13.3 million.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
Credit and payments app Twisto raises €14m
As it tries to expand throughout Central and Eastern Europe.
Royal Banks of Missouri adopts POPi/o video banking
Community bank is an early adopter of collaborative video banking.
BlueVine and GovQuote team up to fund SMEs
SLED agencies can take advantage of GovQuote’s technology to get quotes and a complete digital record for compliance.
CBANC acquires Lendwell
Terms of the transaction were not disclosed.
Klarna brings its alt payment options to retail shops
Bringing pay later to consumers in stores.
Top fintech stories this week – 3 May 2019
May issue is out!
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
