Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Lending
Lendstar’s fintech light shines no more
After five years, German firm has filed for bankruptcy.
Google gangs up with Indian lenders to find new users
Working with Federal Bank, HDFC, ICICI and Kotak Mahindra.
Salary Finance raises $20m funding to launch in US
UK personal finance firm wants to make waves across the Atlantic.
Diebold Nixdorf receives $650m capital commitment
The loan is coming from two unidentified, institutional lenders.
Wonga no longer?
UK payday lender on edge of collapse.
ZestMoney goes zestier with $13.4m funding
Indian firm aiming to up its tech and product line.
Xinja still tapping Iress for home loans
Australian challenger seeking that fully digital loan process.
Irish P2P platform Flender raises €10m
Part of the €50 million investment sought.
PromonTech checks out FormFree’s AccountChek
Mortgagetech integrates its POS solution into asset verification service.
Case study: Robocash – fintech crossing the borders
How to adapt a standard financial product to local specifics, by the examples of Kazakhstan and Spain.
Indian start-up PaySpoon dishes up mobile credit
Lendtech and paytech firm wants to be a quick fix.
Goldman Sachs’ lending platform Marcus coming to UK
Revealed in an internal memo… that is now everywhere.
TotallyMoney and Trussle team for digital mortgages
Credit and eligibility firm enjoys the Trussle shuffle.
US lender receives Series C $62m funding Upgrade
Financing led by CreditEase Fintech Investment Fund.
Indonesian lendtech KoinWorks collects $16.5m funding
Series A funding round led by Mandiri Capital.
Finastra totally powers Unity Bank lending in US
Total Lending solution to be used for commercial and consumer ops.
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First Data teams with Ellie Mae for lending payments
Customers can accept payment for costs related to loan origination and processing.
SocietyOne approaches $500m in total lending
Australian peer-to-peer lending firm also gets new CEO.
Core banking platform Leveris pulls in investment
Link Asset Services invests and looks for outsourcing opportunities in the banking sector.
Credit Karma acquires US lendtech Approved
Making mobile mortgages happen in San Francisco and San Diego.
Starling Bank unveils first personal loan products
UK challenger offers unsecured loans through its app.
Canadian lendtech Progressa feeling progressive with $84m funding
Funding round co-led by Canaccord Genuity and Gravitas Securities.
UK start-up Betr Lend preps for launch
New online lending and credit card company looking for CTO.
Roostify crows about new Adapt mortgage tool
Adapt helps lenders who have complex workflows.
UK start-up accelerator Buildily powers up for good causes
Will also donate 10% of its fees to micro-lender Lendwithcare.
Seasons FCU warms to Bankjoy’s digital banking
Connecticut credit union falls for mobile and digital banking tech.
Australian lendtech Tic:Toc rocks up $11.5m funding
Start-up making progress with digital home loan platform.
Nigerian digital credit platform Mines secures $13m funding
Looking for growth in Africa and new staff.
SS&C speeds up Velocity’s lendtech makeover
US lender signs multi-year agreement with SS&C’s Evolv platform.
BHCI in core banking overhaul with ERI’s Olympic
Banque de l’Habitat de Côte d’Ivoire says adieu to CapitalBanker.
Postbank Kenya unveils mobile banking service M-chama
Targeting small savings groups.
Q2 to acquire Cloud Lending Solutions
Digital banking solutions provider loves the lending look.
Digital champion Compeon unleashes SME loans in Germany
Digitaler Mittelstandskredit ist hier!
Australian SME lender Skippr closes $16m funding round
Financing start-up sends message of reassurance.
Mortgagetech Blend launches insurance agency
Wants to offer the right blend of mortgages and insurtech.
TransUnion teams with EXL for CECL compliance
Credit reporting agency and analytics company are an item.
Teacher’s pet RightCapital unveils student loan functionality
Back to school season is getting started a little early.
Wonga raises $13m in new funding
Accel Partners and Balderton Capital pitched in to help UK-based payday lender.
