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Walmart-backed ecommerce firm Flipkart has received approval from India’s central bank to operate as a non-banking financial company (NBFC).
ecommerce, expansion, lending, payments
JP Morgan has started accepting shares of BlackRock’s iShares Bitcoin Trust (IBIT) as collateral for loans.
cryptocurrency, banks, financial services, lending, digital assets
Experian and Plaid have formed a partnership aimed at integrating real-time cashflow insights into credit decisioning processes.
partnership, lending, financial data, cash flow
Akkuro, a banking platform, has teamed up with Kamuno, a Swiss fintech, to augment finance access for Swiss SMEs through a digital lending platform.
SMEs, SME lending, funding, lending, digital banking
A branch of Japan-based telecom company Nippon Telegraph & Telephone (NTT) has announced its plans to acquire SBI Sumishin Net Bank in a deal valued at USD 5.1 billion.
online banking, digital banking, financial services, acquisition, lending
Pagaya Technologies has issued USD 300 million in asset-backed securities to support the expansion of its consumer lending operations into the BNPL sector.
BNPL, lending, artificial intelligence, financial services
Bitstamp has expanded its crypto lending service by introducing seven new digital assets into its Earn Lending programme.
product upgrade, cryptocurrency exchange, digital assets, lending
Fintech platform myPOS has partnered with YouLend, a global financing platform, to launch a service that expands SME financing in France.
partnership, SMEs, lending, SME lending, funding
BitPay, a global provider of cryptocurrency payment processing, has introduced HODL Pay, a new payment feature that integrates DeFi borrowing with real-world spending.
DeFi, retail, crypto, payments , lending
Froda has announced its partnership with wamo in order to strengthen SME financing in the region of Finland through card-based lending and instant loans.
partnership, lending, banking, financial services
Oracle has launched new services aimed at supporting financial institutions to modernise lending and collections.
product launch, lending, SaaS, cloud, retail banking
TBC Uzbekistan, a digital banking ecosystem in Central Asia, has launched a lending product for SMEs and individual enterprises.
SMEs, lending, digital banking, product launch, financial services
US-based Affirm has announced the expansion of the credit reporting of its pay-over-time products to TransUnion.
partnership, lending, credit access, credit scoring, financial services
The New York Attorney General has filed a lawsuit against earned wage access providers DailyPay and MoneyLion Technologies, reporting that they made illegal, high-interest loans.
regulation, lending, EWA, financial services
Affirm has joined MoreThanFair, a community dedicated to improving access to affordable and inclusive credit for US customers and small businesses.
partnership, financial services, financial inclusion, lending
Israel-based social trading-focused online broker eToro, in collaboration with BNY, has announced its plans to roll out a stock lending programme to allow users to earn passive income.
lending, blockchain, cryptocurrency, crypto asset, crypto services
GXS Bank has announced that it obtained regulatory approval to move forward with the acquisition of Validus Capital, the Singapore subsidiary of Validus Group.
acquisition, fintech, digital banking, SMEs, lending, SME lending
Australian non-bank lender Bizcap has announced its launch in Singapore, aiming to introduce same-day funding for eligible SMEs in the region.
expansion, product launch, lending, Open Banking
Netbank has partnered with JuanHand, a Philippines-based lending app, to expand into the underserved and unbanked communities nationwide.
lending, financial inclusion, banks, partnership, financial services
Fintech company Block has announced its plans to provide its Cash App solution as a banking option for US consumers.
banking, digital banking, fintech, lending, financial services