Czech bank Moneta to acquire Home Credit for €767m
Will get its hands on consumer finance provider and retail challenger bank.
LendTech
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.
Banking Technology October 2018 issue out now
The tree of fintech life: growth, gains and generations.
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.”
Fintech Bread lands $60m funding
Bread’s revenue has increased fivefold so far this year.
Credit scoring firm Cortera lands $10m funding
B2B credit scoring company Cortera has landed $10 million in funding,
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.
Amex to pilot Neener Analytics tech in Middle East
Amex’s Accelerate Middle East to pilot Neener Analytics’ social media analytics tools.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
KPMG takes stake in credit scorer AdviceRobo
KPMG says it will add AI-based predictive behavioural models to its services for lenders.
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.
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.
CAN Capital receives $287m financing facility
Money courtesy of alternative asset manager Varadero Capital.
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.
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.
Banking Technology September 2018 issue out now
Elements of fintech, pure in substance.
Top fintech stories this week – 31 August 2018
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Wonga goes bust
It’s now official. UK payday lender enters administration.
Lendstar’s fintech light shines no more
After five years, German firm has filed for bankruptcy.
