Category: LendTech

March 24, 2023

Founded in 2012, Raisin offers consumers access to savings, investment and pension products. The firm also offers Banking-as-a-Service (BaaS) products for financial service providers and currently works with over 400 companies from more than 30 countries. With the new investment, […]

March 16, 2023

OpenWay describes its Way4 offering as an end-to-end solution comprising an online core, account and events management, dynamic pricing, automated workflows, card issuing and wallet management, merchant management, omni-channel, authorisation and settlement, and APIs. The migration to the new platform […]

March 8, 2023

Lenvi is a new consumer and commercial lending platform, supporting loan and risk management software, mortgage and loan servicing, standby and know-your-customer (KYC) servicing. As part of the London-based financial services company Equiniti, the newly-founded company combines its EQ Credit […]

February 13, 2023

Finbots.ai says its AI credit modelling solution creditX will enable Baiduri Bank to “develop and deploy high quality credit scorecards at a fraction of the time and cost”. “This will result in reduced credit risk, improved efficiency and greater agility […]

January 23, 2023

In a statement, the firm says: “Genesis Global Holdco, LLC (GGH) and two of its lending business subsidiaries, Genesis Global Capital, LLC (GGC) and Genesis Asia Pacific Pte. Ltd. (GAP), filed voluntary petitions under Chapter 11 of the US Bankruptcy […]

January 20, 2023

The banking tech vendor says it signed licence fees of $27.5 million during the quarter with customers in 19 countries. In India – the home of Flexcube – Aavas Financiers, which specialises in housing loans for the underserved segment across […]

December 7, 2022

Through the acquisition, Tonik aims to augment its lending portfolio and integrate payroll-enabled financial services into its operations. Launched in 2019, TendoPay offers services including virtual cards, prepaid health insurance cards, 0% interest purchasing loans, emergency cash loans, a personal […]

December 6, 2022

Severe summer droughts, extreme storms and much more have shown how new weather patterns threaten us. However, the energy crisis caused by the war in Ukraine has made energy security even more of an issue than sustainability, and the poor […]

November 28, 2022

The lending markets were frozen right after its governance members passed a vote that aims to temporarily freeze assets considered to be volatile and have low liquidity. The assets included in the list are Yearn Finance (YFI), Curve Finance (CRV), […]

November 3, 2022

Singapore-based digital wholesale bank ANEXT Bank has unveiled its initiative to drive further industry collaboration to enable inclusive financing for SMEs. The initiative aims to improve and scale embedded finance for SMEs, making it easier for businesses to access financing, […]

October 4, 2022

Designed for banks, non-bank lenders and credit unions, Thrive’s end-to-end digital lending tech boosts operational efficiencies in the origination and underwriting processes for both SMEs and consumers. The acquisition of the platform by Rapid Finance “represents a significant addition” to […]

September 22, 2022

The credit-led digital financial institution will implement Oradian’s tech to power its next stage of product development and scale its existing solutions. FairMoney CEO Laurin Hainy says: “Our ultimate goal remains bridging the financial inclusion gap in emerging economies. “We […]

September 13, 2022

Pakistan’s embedded finance platform Neem has raised $2.5 million in a seed funding round as it works to support underbanked communities in the country. The Karachi-based startup targets communities across sectors including agriculture, MSMEs, e-commerce, logistics, healthcare and others. It […]

September 9, 2022

Swedish fintech start-up Ark Kapital has secured an additional €15 million in funding, just six months after it closed its €165 million seed round. The round was led by investor Annika Falkengren with participation from all previous seed and angel […]

September 8, 2022

Bridgit, which launched in mid-2021, has processed more than $1billion in loan applications and financed over $250million in Australian residential property. Mortgage broker Nick Jacobs and capital markets guru Aaron Bassin founded Bridgit after identifying that customers were missing out […]