JP Morgan and OnDeck part ways
While OnDeck pursues a banking charter.
Lending
SME lender B-North welcomes funding
Manchester-based B-North has applied for a banking licence.
Swell announces closure
The investment platform did not reach the required scale to survive.
Banking Technology Awards 2019 are open for entries
The Early Bird 10% discount deadline is 31 July 219, the awards close for entries on 31 August 2019
Lendtech nCino acquires Visible Equity
The two companies will continue to market their solutions separately.
Wiserfunding partners with European rating agency modefinance
To launch first credit rating service specific for SMEs.
Waddle and RBS pilot partnership
RBS is one of the first banks to offer an automated working capital solution to its customers.
Video: fintech news weekly round-up – 15 July 2019
More top fintech news, in video format!
White paper: The architect’s guide to digital core banking in the cloud
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Intrum picks Qualco software to streamline debt collection
The deal follows a 15-month analysis phase.
Banking Technology July/August 2019 issue out now
Drawing the curtains on a bright tomorrow.
White paper: How to scale a fintech
Download the GoCardless white paper now
Citi and Vasakronan execute first MTN on Origin
The pair successfully raised AU$30 million using the debt origination platform.
Top fintech stories this week – 28 June 2019
The very best fintech news this week!
Blend raises $130m for digital loans
The lendtech has also welcomed new execs.
Finicity and LendingQB partner to accelerate mortgage process
The solution helps lenders spot underwriting factors that can make the process faster.
Next decade is set to be transformative for small business finance
The tools on offer and the demographic of small business owners will change dramatically in ten years’ time.
Top fintech stories this week – 14 June 2019
This week, we look at the FCA’s new rules, SoftBank’s investment, and the World Bank’s new tech.
Brex raises $100m to reach $2.6bn valuation
In an extension to a Series C round launched in October.
In-store credit firm Sunbit attracts $26m funding
The company wants to target health and safety-related markets.
Transforming the loan experience
Simple and flexible digital platforms could be the key to improved customer repayment rates.
FCA introduces new rules for P2P platforms
P2P platforms must implement changes by 9 December 2019, but the application of MCOB is immediate.
White paper: How to drive business impact with payments
Download this free white paper to learn about how payments can improve your business.
SoFi confirms $500m investment led by Qatar
SoFi’s total capital now stands at $2.3 billion.
Allegacy FCU takes Fiserv core and other applications
The institution is understood to be replacing FIS’ old Miser system.
Why Iron Man is the ultimate mortgage broker
“Iron Man” – super-powered, not totally automated.
Finastra’s Fusion LenderComm on blockchain signs up three new big banks
BNP Paribas, Natixis and Societe Generale join NatWest.
Credit and payments app Twisto raises €14m
As it tries to expand throughout Central and Eastern Europe.
Royal Banks of Missouri adopts POPi/o video banking
Community bank is an early adopter of collaborative video banking.
BlueVine and GovQuote team up to fund SMEs
SLED agencies can take advantage of GovQuote’s technology to get quotes and a complete digital record for compliance.
CBANC acquires Lendwell
Terms of the transaction were not disclosed.
Klarna brings its alt payment options to retail shops
Bringing pay later to consumers in stores.
Top fintech stories this week – 3 May 2019
May issue is out!
Broadridge acquires Rockall for securities lending
Financial details were not disclosed.
Finitive gets $6m funding for alternative lending investments
Investors can now access non-bank lending sectors.
All tests are not created equal: choosing the right psychometric-based credit tool
Helping to navigate through the various vendors and products available in the alternative credit scoring space.
Equifax acquires PayNet to boost SME credit access
PayNet CEO says deal will support “Main Street American business”.
Avant settles FTC unfair loan servicing charges for $3.85m
The online lender faced multiple charges of “deceptive” practices.
SoFi could secure Qatar investment for $500m round
Details of the deal are yet to be finalised.
LendingClub shuts down SME lending arm
And redirects to alternative businesses.
