Finastra’s Fusion Essence core system savours Saudi success
Saudi Arabia’s Agricultural Development Fund looking for better lendtech.
Lending
SME lender Iwoca gets £150 million funding
Takes its total funding to £350 million.
Fintech charms US state regulator into modelling
Conference of State Bank Supervisors will implement changes based on feedback.
Big banks bond with CommonBond for $750m lending spree
US firm to use money for in-school student lending businesses.
Interview: Pavel Novak, Zonky – a fintech fable
Zonky’s helpful community in the Czech Republic and which country the P2P lending firm might target next.
Thoma Bravo to acquire US lendtech Ellie Mae for $3.7bn
Private equity investment firm makes an all-cash transaction.
Mojo Mortgages gets its mojo working with £7m funding
UK firm’s Series A funding round led by NVM and Maven.
Unicaja Banco loans are in with Fintonic app
The marketplace incorporates the Spanish bank’s lending offer.
Reliance Realty makes Indian fintech centre a reality
Real estate company plans new hub in Navi Mumbai.
UBank releases AI loan advisor Mia
Can you put up with her “cheeky personality”?
Canadian challenger Motusbank moves in
Ontario credit union Meridian unveils its new digital bank.
Possible Finance definitely raises $4m funding
Stunning Seattle-based lendtech looking for fintech nirvana.
SoftBank leads $440m funding round in UK challenger bank OakNorth
Plans expansion in North America.
New York’s a wonderful town for Fiserv DNA
Fiserv signs its largest core processing deal with New York Community Bancorp.
Digicro pulls in $300k funding for mobile microfinance in Cambodia
Round led by Japanese firm Showcase Capital.
India’s Federal Bank launches open banking platform
APIs include fund transfers, smart collections and UPI payments.
Nordea turns to Divido platform for lending push
Bank will license platform to deliver point-of-purchase finance to retail merchants.
Phoebus Software wins new client in lending space
UK-based Business Lending Group signs a five‐year contract.
Funding Options launches in Netherlands with ING
A partnership six months in the making.
Student loan firm Climb-s to $50m funding
US company gets investment from Goldman Sachs.
Goldman Sachs and Amex join Better Mortgage’s $70m funding round
US-based digital lender plans partnerships and recruitment.
Licence lust lets Lithuania’s fintech sector soar
Sector expanded by 45% in 2018 as Google and Revolut were awarded licences.
Video: Banking Technology Awards 2018 highlights
Check out the highlights of our glamorous event which took place on 13 December 2018 in London.
Swiss lendtech Loanboox secures €20m funding
Money and capital market platform now valued at €110 million.
US lendtech CuneXus signs 100th customer
Happiness is a hundred for California-based lending platform.
CreditVidya receives $3m funding to develop credit score tech
It aims to expand throughout various industries in India.
Indian banks unveil blockchain-linked funding for SMEs
The 11 lenders include ICICI, Axis, Yes Bank and Standard Chartered.
Tencent-backed WeBank eyes Australian expansion
Chinese digital bank is applying for trademarks Down Under.
Lendtech Pepper Money looks for UK banking licence
Its ambitions are nothing to be sneezed at.
SME lender Iwoca gets $7.5m investment from Augmentum
As part of a larger investment round.
Nasdaq leads $20m funding in blockchain firm Symbiont
Will use funds for action in data management and lending space.
Shares plummet as Metro Bank misses profit target
That said, the profit before tax of £50 million is much better than 2017.
Growth Street gets £7.5m funding to grow lendtech business
Round led by Merian Chrysalis Investment.
BNP Paribas Personal Finance in automotive drive with DealTrak
Presses accelerator on its UK sector ambitions.
Barclays and Santander join £56m funding in MarketInvoice
UK-based SME lender plans fintech-bank partnerships.
Allianz Bank goes with Software Group for Bulgarian revamp
A two-year project expected to see results a year in.
Goldman Sachs fuels SME finance provider Capify with £75m funding
UK company gets boost for its expansion ambitions.
Glacier Bancorp coolly deploys Roostify’s digital mortgage solution
US regional bank holding company reports “significant increase in online applications” since launch.
ID Finance sells Russian POS finance business to Paylate
Spanish firm lets it go as wants to focus on Latin America.
Swift releases pay later API standards
To prompt worldwide adoption.
