Iwoca, a UK-based lender dedicated to small and medium-sized enterprises (SMEs), has secured a substantial £200 million debt funding package from Citi and Waterfall Asset Management. This new investment will empower Iwoca to extend its lending capabilities and support more SMEs across the country.
November 18, 2024Imagine a world where small businesses and startups can access customized credit decisions almost instantaneously, thanks to advanced artificial intelligence and real-time data processing. That world is becoming a reality through the strategic partnership between Grasshopper, a digital bank focused
November 14, 2024In an industry marked by growing complexity and rapid technological advancements, the insurance sector continues to seek avenues that can streamline operations and enhance efficiency. Optalitix and the Insurance Knowledge Hub have recently joined forces to specifically address a pivotal aspect of
November 13, 2024Decentralized finance (DeFi) has emerged as a revolutionary sector within the financial industry, offering a range of services such as lending, borrowing, and trading without the need for traditional intermediaries. Built primarily on blockchain technology, DeFi promises high returns and innovative
November 7, 2024The rise of artificial intelligence has brought numerous benefits across various sectors, but it also poses significant challenges, especially in the world of finance. The rapid advancement of AI technology has enabled fraudsters to develop techniques that closely mimic legitimate consumer
November 1, 2024The integration of advanced financial technologies, commonly known as fintech, is revolutionizing the financial industry at an unprecedented pace. As fintech solutions evolve to offer enhanced convenience, speed, and accessibility to consumers and businesses, they simultaneously become a prime
October 25, 2024