Challenger Oyster Financial launches credit offering for Mexico’s SMEs
Instant credit will range from $500 to $1,500.
LendTech
Indian fintech lender KreditBee boosts record Series C with extra $70m
KreditBee’s fresh funding also saw the exit of Finnov’s Chinese investors.
Banking Technology March 2021 issue out now
Creating communities: celebrating women in fintech this Women’s History Month
OBR doubts impact of UK’s new infrastructure bank
The UKIB is a third of the financing provided by the European Investment Bank (EIB).
Fintech funding deals globally 1-7 March 2021
Featuring Klarna, Papaya Global, TaxBit, Beam Technologies, and Xendit.
Greensill in crisis as regulators step in to freeze payments
BaFin ordered Greensill’s Bremen-based bank subsidiary to freeze all payments.
Banking Tech Awards 2020 Winner: Bank BRI & Infosys Finacle – Best Use of IT for Lending
Revamping customer lending through partnerships and back-office change.
Why the BNPL sector is growing like crazy
There is plenty of room for experiments in BNPL, and many customer segments are yet to be addressed.
Banking Tech Awards 2020 Winner: AFS – COVID-19 Response by Fintech
An innovative approach to urgently find solution to accommodate the US government’s Payroll Protection Program.
Banking Tech Awards 2020 Winner: BTB – Best Use of IT in Private Banking/Wealth Management
BTB’s business model has brought annual average returns of 7% in the last seven years with low defaults.
FinTech Futures presents Dock – a virtual roundtable experience
Take part in Dock on 18-19 May to discuss the industry’s pertinent problems and find the solutions.
Banking Tech Awards 2020 Winners Supplement out now
Showcasing the most impactful and innovative projects, products, services and people in fintech in 2020.
SoLo Funds snaps up $10m Series A for P2P lending
SoLo brought in $12m, which includes a $2.8m seed round and a series of convertible notes.
Affirm’s IPO is a wake-up call for banks
Affirm is placing pressure squarely on banks and fintechs to challenge its BNPL market share.
Banking Technology February 2021 issue out now
The roaring 20s.
Tandem Bank acquires £100m mortgage book from Bank and Clients
Private bank’s customers won’t notice the transition, claims challenger.
Philippines neobank Tonik signs credit assessment deal with FinScore
The challenger wants to extend loan applications to more underbanked Filipinos.
Fintech funding deals globally 1-7 February 2021
Featuring Stash, Built, LeaseLock, Valon Mortgage, and Metromile.
Supply chain financing start-up CapBay raises $20m in Series A
CapBay offers short-term financing to “businesses of all sizes” through its “proprietary credit-decisioning model”.
New funding for European fintechs Compeon and SESAMm
Germany-based Compeon lands €15 million and France-based SESAMm – €7.5 million.
Milo brings in $6m to provide US credit to international citizens
Lending start-up plans extra growth after round led by QED Investors.
Asia-Pacific fintechs Volopay and Microleap land funding
Singapore-based Volopay and Malaysia-based Microleap have raised $2.1 million and $3.3 million, respectively.
Czech BNPL Twitso nabs €16 million in Series C funding
Investors include Aussie BNPL unicorn Zip.
What the Fintech? | S.2 Episode 1 | Innovation in commercial lending
Innovation in commercial lending with special guest, Dean Snyder, EVP at AFS.
Fintech funding deals globally 11-17 January 2021
Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.
Affirm IPO sees shares surge 98%
Affirm managed to halve its losses by June 2020.
The Cambridge Building Society migrates to Azure cloud with DPR
DPR provides its mortgages and savings platform on the cloud for the society.
Digital lender Blend raises $300m in Series G funding round
Lending firm plans to expand team and grow its products with the substantial raise.
UK MP says BNPL firms are “next Wonga waiting to happen”
Just 22% of the nation didn’t carry personal debt into 2021.
Starling renews search for non-bank European lender
Starling is seeing the benefits of fully utilising its UK banking licence.
Fintech funding deals globally 4-10 January 2021
Featuring Grab, Mynt, Divvy, Mambu, and SimpleNexus.
Fintech funding deals globally 28 Dec 2020-3 Jan 2021
Featuring Mission Lane, Narmi, Finja, CarPay, and ZipLoan.
Santander: Digital lenders have unfair regulatory advantage post-pandemic
“The pandemic will only entrench the digital players,” says Botín.
Tamam to launch Saudi Arabia’s first digital microfinance service
Tanam give green light after 18 months of sandbox testing.
Banking Tech Awards 2020 winners unveiled!
Watch Tom Ward perform his stand-up and unveil the winning projects, companies and people of Banking Tech Awards 2020.
Banking Technology December 2020 / January 2021 issue out now
Ready to take 2021 by the horns.
Wolters Kluwer snaps up cloud-based lender eOrignal for €231m
eOriginal claims “double-digit” revenue growth over the last three years.
Don’t turn a blind eye to spreadsheet vulnerabilities
Introducing PrizmDoc Cells, a secure solution in an intuitive, Excel-like web interface.
Capital One takes swipe against “risky” BNPL firms
“These kinds of transactions can be risky for customers and the banks that serve them.”
Comarch launches new factoring system
Comarch Cloud Factoring enables managing the entire lifecycle of an invoice with no paperwork involved.
