Kapitus announces partnership with Ocrolus to process 90% of applications within 30 minutes
Kapitus is a digital lender that has provided over $2bn in funding to 40,000 businesses across the US. Ocrolus replaced the Kapitus...
Kapitus is a digital lender that has provided over $2bn in funding to 40,000 businesses across the US. Ocrolus replaced the Kapitus...
The Wall Street institution fears that if Marcus gets too big its UK operation will face a new compliance burden under rules introduced...
Laundering money through bitcoin is a bad idea—not only because it’s illegal, but also because it leaves a permanent trail. Chainalysis...
HSBC is to bring in a single overdraft rate of 39.9% for UK customers from March 2020, as much as quadrupling the rate it charges some...
Sigma announced core new features and functionality this week as part of its flagship Terminal platform. This comes at a time of global...
Funding to start-ups providing “on-demand” services across the world plunged 22% to $16.3bn in the last 12 months as contract workers and...
In Plaid's new blog post, prospective users of the platform can now easily "meet" some of their customers and discover how Plaid's...
Experian Lift, which will be available to lenders in 2020, enhances predictive performance by 23% when compared to other scores.
"Knowing how a consumer is managing credit at a single point in time only tells part of the story. By looking at historical payment...…
The massive data breach disclosed by Equifax in 2017, where a cyber attack exposed the personal data of roughly 148 million people, has...
Tala’s vision is to build an equitable financial system that works for everyone. So far, the company has lent over $1 billion dollars to...
Alternative data, like ash-flow evaluations, win support as path to assess creditworthiness as a change from relying on Equifax and...
San Francisco based business credit cards for emerging markets raised a $5.5m seed round led by BECO Capital and Global Ventures.
Around 200 million SMEs in emerging economies lack access to formal savings and credit, which often restrict or slow startup growth....…
FinTech Collective alum acquires Asian media outlet covering regional deal-making for companies and assets based in China.
"As part of our global growth strategy, Reorg has invested heavily in Asia over the last 12 months. We are delighted to bring the Dai1...…
London based fintech-as-a-service startup has raised an additional $20m at a $1.2bn valuation, just one month after closing a $100m...
Brex has moved its CFO to NYC, Plaid has hired 100 people in the City post the Quovo acquisition, Affirm has opened a NYC office and...
Nasdaq and the NYSE are proposing to let companies raise capital through direct listings on their exchanges, in what could be a cheaper...
San Francisco based cloud lending platform in Africa and Latin America has raised $20m in the first closing of a Series B round led by...
Brazil based SME lender raised $10m led by Kaszek Ventures with participation from Ribbit Capital. The founders previously worked...
FinTech Collective welcomes Brazil based digital lender to the portfolio. The company raised $10m in this round from Monashees and...
Mexico City based lender raised $100m from Softbank, three months after raising $100m in debt financing from Goldman Sachs.
Konfio uses a data-first approach to enable fast credit assessment for SMBs looking to grow their businesses. The service can disburse...…
NatWest is a subsidiary of RBS and launched the digital bank Bo on a separate cloud based infrastructure.
“As we’re part of NatWest, people can rely on Bo to keep their money safe,” Bo CEO Mark Bailie said in a press release Wednesday. “But as...…
The "SBC Wallet Card" can be used for both fiat and digital assets. The card will be initially available in Japan and has on boarded...
The U.S. dollar has extended its dominance in Venezuela and now accounts for more than half of all retail transactions and three times...
San Francisco based home and student loan financing startup raised another $103m. This comes on the heels of a $120m round in February...
Mexico City based digital lender raised $125m in debt from Goldman Sachs. This is the bank’s third loan to a Latin American FinTech...
London based payday loans startup raised £8m led by Umbra Capital and also secured £200m in debt financing.
"This investment will help us support a greater number of organisations in reducing financial stress, increasing wellbeing and improving...…
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