Czech bank Moneta to acquire Home Credit for €767m
Will get its hands on consumer finance provider and retail challenger bank.
Lending
Student Loan Genius cleverly relaunches as Vault
“We’ve changed our name to reflect that we’ve honed our focus.”
Trustly teams with Mintos P2P marketplace
Sweden-based paytech partners with Europe’s largest P2P marketplace.
Critics circle as shares flop for Funding Circle
Suddenly everyone’s an expert.
Case study: Home Credit – to its credit
Life is good at the heart of Europe.
Lemon Way taps Barclays for UK corporates
“The UK is the most mature market in Europe for crowdfunding and P2P lending.”
Avoka invokes app digitisation for First Tech FCU
Digitises account opening for more than 40 offerings at US credit union.
Fintech Bread lands $60m funding
Bread’s revenue has increased fivefold so far this year.
Latvian lending start-up Nordigen secures $800k funding
Gets investment from Seedcamp and Inventure.
Indian lending start-up Qbera gets $3m funding
Essel Group and its E-City Ventures are the backers.
Scratch that lendtech itch with new loan servicing platform
US start-up automates back-office “complexities” of loan management.
Lendtech MONI picks up $1.5m investment
Argentinian firm’s total investment reaches $10m.
RBI says no to Yes Bank CEO staying on
The forced exit is a result of lack of compliance.
Finicity cosies up to Capsilon for mortgage magic
Verification of Assets solution meets borrower and loan officer workspaces.
KGI Bank pioneers Taiwan’s first regulatory sandbox
In collaboration with Chunghwa Telecom.
ING invests £5m in UK lendtech Funding Options
Dutch bank also takes minority stake in the SME lending marketplace.
Church of England considers Wonga buyout
People who say they have morals could be coming to fintech.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
What customers can expect from Wonga going into administration
It is unlikely that the firm will disappear like Woolworths and Blockbuster.
Refurbishment finance most popular use for bridging finance in Q2
Refurbishment finance reached a peak of 34% of all bridging loan activity in Q2.
SimpleFinance raises $15m supported by SBI Group
It’s SBI’s largest minority investment to date in a Russian company.
Indian digital lender Kissht brings in $30m funding
The round was led by Vertex Ventures and Sistema Asia Fund.
Quelle surprise! Europe’s banks continue branch cull
Latest figures from European Banking Federation reveal cuts and more.
Unisys on hand for Sutherland’s UK mortgage tech platform
It’s a five-year, seven-figure deal.
Innovating and transforming the core credit and lending process globally
Spotlight on Austria, UK and US based Automated Financial Systems (AFS) and its lendtech.
Valley National Bank goes digitally deep with SAP and Axxiome
Oklahoma-based bank just can’t say no to a major revamp.
Fiserv fires up new digital loan origination system
Maryland-based Hamilton Bank is first bank to beta test it.
ABN Amro and allies invest €14m in CrossLend
Digital lending platform also gets money from Earlybird and solarisBank.
UK lender Acorn OakNorth raises $100m in funding
Aiming to reach $5 billion on its lending platform.
SynapseFI raises $17m in new funding
It’s making public what insiders have known for months.
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
Philippine Veterans Bank picks Fiserv front office for digital revamp
The bank is a long-standing user of Finastra’s tech in the back office.
Norway’s Kraft Bank craftily powers up
Sandnes-based bank plans to offer consumer loans and credit.
Contis gets UK consumer credit licence with Paze acquisition
Also gets a consumer lending system with AI analytics.
EasyMoney hooks up with HooYu for identity verification
Since the integration of P2P lending, EasyMoney needs to up its KYC and AML game.
Deutsche Börse sets up DLT and crypto unit
Also makes an initial investment in HQLAx.
Funding Circle plans to raise £300m in IPO
Lending platform’s plan was first revealed in January. Now it’s official.
Jaja Finance launches first product following £7m funding
Making credit cards simple to get.
Case study: Afghanistan International Bank – the road to hope
Afghanistan International Bank faces challenges far more extreme than for most of its counterparts around the globe.
Wirecard Brazil widens payments scope
Everyone wants to become more attractive in Brazil.
