Zopa closes £60m funding for bank dream
Largest funding round to date.
LendTech
BBVA delivers first syndicated loan on blockchain
BNP Paribas and MUFG also participated in the deal.
Crypto bank Nebeus raises £1m funding
Plans for expansion into Europe, Asia and South America are underway.
Factris receives €1.5m funding and acquires Crown Finance
The firm offers factoring to small and medium-sized enterprises in Europe.
Experian launches Experian Credit 3D for insightful credit scoring
Offering a long-term view of a customer’s finances.
White Clarke acquires equipment finance software provider Insyston
Expansion plans in the Australian, European and North American equipment finance sectors.
Lloyds customers leverages Open Banking for iwoca loans
Integrations with Barclays, HSBC, RBS, Santander and others are imminent, iwoca says.
Core banking tech developer Riby secures funding from Microtraction
Riby has developed a cloud-based core banking system for African co-ops and credit unions.
Biz2Credit tech to provide online business loans to Popular Bank
Over half of business loans are processed online.
Erste and Asfinag team for blockchain-based capital markets tech project
The first end-to-end digital issuance of a debt financing instrument in Europe via a blockchain platform.
PNC Bank teams with OnDeck to streamline SME financing
Offering digital business lines of credit up to $100,000 within one to three business days.
Banking tech and lendtech vendor Sword Apak sold to Sopra Steria
Sword Apak will be merged into the Sopra Banking Software business.
Experian, FICO and Finicity launch UltraFICO Score
Three fintechs joined forces to create a new credit scoring technology designed for thin-file customers.
Lending Club, Wealthfront and Intuit team for consumer data
What do you get when you combine Intuit, Lending Club and Wealthfront?
NatWest launches “revolutionary” syndicated lending platform
The platform based on Finastra’s Fusion LenderComm.
USAA and StreetShares join forces for SME lending
A six-month pilot to bring small business financing to US military veterans.
OnDeck launches Platform-as-a-Service subsidiary, ODX
Helping banks digitise their SME lending efforts with software, analytic insights and professional services.
Total Expert bags $20m funding for personalised marketing
Series B funding round brings Total Expert’s total funding to $34 million.
Roostify and Ellie Mae team up for lendtech efficiency
A bi-directional integration between Roostify and Ellie Mae is a boon for US lenders.
UK GAME stores launch in-store digital credit assessment with Mobile for Credit
Keep your finances between you and your digital device.
Amex brings SME financing to UK with ezbob
SMEs can apply for a loan in ten minutes – and, if successful – receive funds on the same day.
Fujitsu bags Lowell contract worth €60m
Credit management tech with AI and robotics added.
US lendtechs CUneXus and Kasasa team up
Kasasa has integrated with CUneXus’ cplXpress offering.
Philippine lending platform First Circle raises $26m
Aims to expand to other countries in the region next year.
IHS Markit hits the mark with syndicated loan market data platform
First of its kind, it combines data drawn directly from approximately 150 agent banks.
Czech bank Moneta to acquire Home Credit for €767m
Will get its hands on consumer finance provider and retail challenger bank.
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.
