- 25.03.2019 07:45 am
Kontomatik starts operating in the Philippines and Indonesia, with further expansion plans in the SEA region, as the first Polish company delivering new data source for alternative credit scoring based on financial transaction data to consumer finance and micro-lending companies in SEA.
iwoca, one of Europe’s fastest growing small business lenders, today announces it has raised an additional £150m in equity and debt capital. The investment brings iwoca’s total funding to £350m. iwoca’s most recent fundraising included a Series D equity round led by Augmentum Fintech, the specialist fintech venture capital investor. NIBC Bank and other existing investors, including Prime Ventures, also participated.
Kasasa, an award-winning financial technology and marketing provider, announced today that it has partnered with CUneXus, a provider of advanced loan acquisition and automation technology for banks and credit unions.
- 11.10.2018 10:02 am
IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions today announced the launch of a portal that consolidates critical data for participants in the $1 trillion syndicated loan market.
MCC SimpleFinance LLC (hereafter, “SimpleFinance” or the “Company”), a high-tech Russian company specialising in providing accessible lending to small and medium-sized Russian businesses, announces that the Company has topped the National Rating Agency’s (“NRA”) ranking of organizations in the microfinance sector.
iwoca, one of Europe’s largest small business lenders, is pledging to lend £100 million to micro and small businesses in the North of England by 2020. The alternative finance provider is making the pledge in response to the withdrawal of credit facilities for small businesses by the UK’s banks, which has been most acute in the North.
Green Dot Corporation launches Green Dot Money, an online marketplace that seeks to match low and moderate income consumers with a curated set of lending partners that specialize in serving low and moderate income Americans. The loans are made by third party lenders who are members of the marketplace. Green Dot does not use its balance sheet to fund the loans nor does it assume any risk of non-repayment.
Small and medium sized enterprises (SMEs) in the UK would have access to a new working capital solution from a mainstream bank which provides approval for funding between £500 and £100,000 within a matter of minutes and access to the funds within a day - a process that currently takes between two and 12 weeks. The solution from Santander, to be made available exclusively online, would leverage the powerful Kabbage Platform to accelerate... more