Milo brings in $6m to provide US credit to international citizens
Lending start-up plans extra growth after round led by QED Investors.
LendTech
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.
E-book: Migration to cloud – your guide to delivering an intuitive customer experience
Learn how to transform the entire organisation with the migration to the cloud.
Mortgage automation: solving today’s business challenges with a proven tool
AVM is becoming commonplace within the mortgage process, benefitting lenders and consumers alike.
UK fintech Updraft raises £16m to refinance borrowers’ credit debt
The fintech focuses on spend-linked borrowings.
Douugh partners with Humm Group to launch US-based BNPL product
Australian neobank plans “Credit Jar” to help users build their credit scores.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
Indian challenger Finwego looks to lend to private schools
The neobank claims to work with 700 partners already.
San Fran alternative lender Oportun applies for banking charter
Oportun currently has licences in 12 states.
Suncorp exec-founded neobank Alex raises AUD 10m
The funding is headed towards marketing and product development.
Blockchain-based lender Figure seeks US bank charter
Figure wants to simplify its regulatory and compliance procedures.
Mortgage platform Better.com lands $200m in Series D funding
Better claims to have funded $25bn in home loans since 2016.
Hampshire Trust Bank picks Centelli for lending RPA solution
The bank aims to reduce manual processes.
OakNorth hires new CMO and VP of customer success
The firm has placed both women in its executive leadership team.
Banking Technology November 2020 issue out now
Without limits: The Barclays accelerator races ahead
Fintech execs race towards workplace diversity
Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.
European Investment Bank invests $80m in Lithuania’s SME Finance
The firm is charged with backing Baltic enterprises through the COVID-19 pandemic.
Australia Post signs business lending tie-up with Valiant Finance
Aussie businesses can now get loans from their local post office.
US fintech lender Upstart Holdings files for IPO
To date, the fintech has raised some $165 million in funding.
You are not everybody
With remote working, productivity may be up. But what about creativity and serendipity?
Allica CPO says incumbents and fintechs still neglect some SMEs
“The decline of branches is synonymous with decline of relationship banking,” says CPO.
Denmark’s EKF picks Calypso for its treasury software
The credit export agency selected Calypso after an “extensive” tender.
