Tag: credit

Banking Tech, LendTech

Yabx and PayCliq Accelerate Merchant Credit Capabilities in Nigeria

April 8, 2024

Via: The Fintech Times

The partnership will see Yabx leverage the business data from PayCliq and use AI/ML algorithms on its cloud-powered digital lending platform. In doing so, it will build credit scores and personalised credit limits for each business which will not only […]

Banking Tech, LendTech

Viva Tackles ‘Critical’ Cashflow Issues for European Businesses With New Instant Credit Solution

March 6, 2024

Via: The Fintech Times

Viva’s Merchant Advance looks to offer transparent capital to businesses, based on merchant acquiring data. Loan disbursement is instant, to help businesses of any size or type immediately access capital for growth. Merchant Advance by is currently available in […]

Banking Tech, Digital Lending and Credit

SME lender FundPark doubles credit facility with Goldman Sachs to $500m

January 23, 2024

Via: FinTech Futures

The expansion builds on an earlier $250 million ABS facility secured by the fintech in April 2022 through a deal that was led by Goldman Sachs as senior facility provider, and which also saw Integrated Alternative Credit Fund and Cypress […]

Banking Tech, Mobile Banking

Bankable acquires embedded finance platform Arex Markets

June 20, 2023

Via: FinTech Futures

With the acquisition, Bankable will gain the ability to embed credit and working capital into the payment flows of established neobanks, multinational brands and fintech platforms. Founded in 2014 and based in Barcelona and Dublin, Arex Markets operates a marketplace […]

Paytech, Wholesale

BNP Paribas and NatWest Go Live with CobaltFX’s ‘Dynamic Credit’ for FX Credit Management

June 5, 2023

Via: The Fintech Times

The implementation of CobaltFX’s ‘Dynamic Credit’ solution marks a step forward in enhancing market access and control while optimising credit disbursement. CobaltFX, part of United Fintech, has been a longstanding partner of BNP Paribas and NatWest. This latest collaboration aims […]

Invest tech, WealthTech

Highbeam secures $10M loan to provide credit, spend monitoring and more to e-commerce retailers

February 13, 2023

Via: TechCrunch

Highbeam, a startup that provides banking features, credit and cash flow insights to e-commerce customers, today announced that it raised $10 million in debt from TriplePoint as it looks to expand the reach of its digital product portfolio. Co-founders Samir […]

Banking Tech, Digital Lending and Credit

More Than Half of UK SMEs Believe Access to Finance Will Become Harder

October 27, 2022

Via: The Fintech Times

The credit environment will be challenging for the foreseeable. Over the next three years, almost half (46 per cent) of SMEs believe accessing credit/finance/borrowing will get more difficult. This level of perceived difficulty rises to 64 per cent for those […]

Mobile payments, Paytech

Half of the world’s population will use digital wallet apps by 2025.

September 10, 2022

Via: Fintech News

Despite being relatively young, mobile payments are quickly becoming the preferred payment system all over the world, even overtaking credit cards. Recent research shows that this growth has only just begun, so it’s worth considering your own digital wallet design […]