News by FinTech Collective

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Experian announces credit score product combining traditional credit data with alternative data

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...…

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Reorg acquires Dai1 Media to expand Asia coverage

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...…

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Mexican lender Konfio raises $100m from SoftBank

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...…

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British lender NatWest has launched a digital bank to compete in the U.K.’s thriving fintech space.

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...…

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London payroll platform Hastee raised £8m

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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