AWS goes all the way with Ellie Mae
That would be a story. This is about moving to a cloud infrastructure.
Lending
MyBucks and Bibimoney are SIM-Skin kings of Africa
Joint venture aimed at continent’s microloan market.
No fun for Yes Bank over forced CEO exit
Three board members resign in India.
Finca Impact Finance picks Finastra for IFRS9 needs
Takes no risks in regulatory compliance with Fusion Risk.
CYBG to lend £400m via Salary Finance
New funding JV in UK unleashes plenty of money for personal loans.
SuperMoney launches student loan refinancing marketplace
Financial services comparison site is venturing into new territory.
Prosper plans HELOC product launch in 2019
New digital Home Equity Line of Credit product is on the way.
Personal finance app Fintonic links up with Amazon
“A new way of cooperating between the fintech sector and online distributors.”
Lendtech SoFi flying low as losses linger
US firm has lost money for the second consecutive quarter.
Italian lendtech Credimi feeling dreamy with €10m funding
Gets investment funds from United Ventures and Vertis.
What a meanie! £20m compensation promise broken by UK lender Cash Genie
The failed firm fails again.
Bangladeshi lendtech ShopUp receives $1.62m investment
Automating online credit assessment for MSMEs.
UBS ferociously fights DoJ fraud claims
Swiss bank says the claims aren’t supported by law.
Top fintech stories this week – 9 November 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Zopa closes £60m funding for bank dream
Largest funding round to date.
Jaja Finance receives £3m funding to launch card
Equity crowdfunding led by Blystad Group and Pollen Street Capital.
BBVA delivers first syndicated loan on blockchain
BNP Paribas and MUFG also participated in the deal.
Crypto bank Nebeus raises £1m funding
Plans for expansion into Europe, Asia and South America are underway.
Experian launches Experian Credit 3D for insightful credit scoring
Offering a long-term view of a customer’s finances.
White Clarke acquires equipment finance software provider Insyston
Expansion plans in the Australian, European and North American equipment finance sectors.
Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
Biz2Credit tech to provide online business loans to Popular Bank
Over half of business loans are processed online.
Wahed Invest obtains $8m from existing investors
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
Erste and Asfinag team for blockchain-based capital markets tech project
The first end-to-end digital issuance of a debt financing instrument in Europe via a blockchain platform.
PNC Bank teams with OnDeck to streamline SME financing
Offering digital business lines of credit up to $100,000 within one to three business days.
Banking tech and lendtech vendor Sword Apak sold to Sopra Steria
Sword Apak will be merged into the Sopra Banking Software business.
Experian, FICO and Finicity launch UltraFICO Score
Three fintechs joined forces to create a new credit scoring technology designed for thin-file customers.
Lending Club, Wealthfront and Intuit team for consumer data
What do you get when you combine Intuit, Lending Club and Wealthfront?
Banking Technology Awards 2018: shortlist announced!
Winners will be unveiled on 13 December in London!
NatWest launches “revolutionary” syndicated lending platform
The platform based on Finastra’s Fusion LenderComm.
USAA and StreetShares join forces for SME lending
A six-month pilot to bring small business financing to US military veterans.
OnDeck launches Platform-as-a-Service subsidiary, ODX
Helping banks digitise their SME lending efforts with software, analytic insights and professional services.
Roostify and Ellie Mae team up for lendtech efficiency
A bi-directional integration between Roostify and Ellie Mae is a boon for US lenders.
UK GAME stores launch in-store digital credit assessment with Mobile for Credit
Keep your finances between you and your digital device.
Amex brings SME financing to UK with ezbob
SMEs can apply for a loan in ten minutes – and, if successful – receive funds on the same day.
Fujitsu bags Lowell contract worth €60m
Credit management tech with AI and robotics added.
Top fintech stories this week – 12 October 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
US lendtechs CUneXus and Kasasa team up
Kasasa has integrated with CUneXus’ cplXpress offering.
Philippine lending platform First Circle raises $26m
Aims to expand to other countries in the region next year.
IHS Markit hits the mark with syndicated loan market data platform
First of its kind, it combines data drawn directly from approximately 150 agent banks.
