Category: LendTech

Banking Tech, LendTech

ANEXT Bank announces embedded financing programme

November 3, 2022

Via: ThePaypers

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, […]

Banking Tech, LendTech

SME financing platform Rapid Finance acquires lendtech firm Thrive

October 4, 2022

Via: FinTech Futures

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 […]

Banking Tech, LendTech

FairMoney taps banking tech vendor Oradian to power next growth phase

September 22, 2022

Via: FinTech Futures

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 […]

Banking Tech, LendTech

Pakistan’s Neem raises $2.5M to serve underbanked communities with its embedded finance platform

September 13, 2022

Via: TechCrunch

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 […]

Banking Tech, LendTech

Europe fintech funding round-up: Ark Kapital, Credix and Nokkel

September 9, 2022

Via: FinTech Futures

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 […]

Banking Tech, LendTech

Non-Bank Lender Bridgit Joins Forces With Australia’s Loan Market

September 8, 2022

Via: The Fintech Times

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 […]