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Playter secures USD 55 mln to expand its B2B BNPL platform

News | Payments General | 22 Jun 2022

UK-based BNPL provider Playter has raised a USD 55 million funding round from the backers of Klarna, SoFi, and Pipe.

BNPL, subscription payments, lending, funding, expansion

Payveris launches Loan Payments service

News | Payments General | 21 Jun 2022

US-based money movement company Payveris has introduced ‘Loan Payments’, a debt repayment service with a broad range of real-time payment methods.

product launch, lending, payment methods, omnichannel, ACH, real-time payments

Settle secures USD 280 mln credit to support ecommerce brands

News | Ecommerce | 17 Jun 2022

US-based payments startup Settle has raised USD 280 million in debt to expand support for emerging ecommerce businesses.

ecommerce, funding, lending, cash management, growth markets

Lemonero receives EUR 12 mln in funding

News | Payments General | 17 Jun 2022

Czech Republic-based embedded financing platform for ecommerce Lemonero has raised a EUR 12 million investment to expand in Europe and develop new products.

lending, funding, expansion, ecommerce, marketplace

Brazil's Zippi secures USD 16 mln Series A

News | Mobile Payments | 09 Jun 2022

Brazil-based fintech Zippi has raised USD 16 million for a credit solution via PIX for micro-entrepreneurs.

PIX, lending, funding, instant payments, fintech

Airtel Payments Bank partners Muthoot Finance to offer premium loans

News | Cryptocurrencies | 03 Jun 2022

India-based Airtel Payments Bank has announced its customers can now apply for a gold loan from Muthoot Finance through the Airtel Thanks app.

partnership, lending, mobile banking, financial services

StrideOne raises USD 33 mln

News | Payments General | 01 Jun 2022

India-based fintech platform StrideOne has secured USD 33 million in funding to reach more customers and increase its headcount.

startup, funding, fintech, acquisition, lending

UK credit card borrowing at record high, Bank of England data shows

News | Cards | 01 Jun 2022

The Bank of England (BoE) has released a survey revealing UK credit card borrowing soaring by most since 2005 as cost-of-living margins tighten.

credit card, credit scoring, lending, financing

ZoodPay expands to Pakistan with the acquisition of Tez Financial Services

News | Online & Mobile Banking | 26 May 2022

Digital lending platform for ecommerce ZoodPay has entered Pakistan by fully acquiring Karachi-headquartered Tez Financial Services (Tez).

acquisition, lending, fintech, digital banking, credit scoring

Creditspring raises GBP 48 mln to improve financial stability in the UK

News | Payments General | 25 May 2022

UK-based fintech lender Creditspring has announced it raised GBP 48 million to enhance financial stability by offering borrowers an inclusive, affordable credit option.

product upgrade, expansion, funding, crowdfunding, lending, financial inclusion

China's central bank and regulators encourage banks to increase lending

News | Online & Mobile Banking | 24 May 2022

People's Bank of China and regulators have urged the nation’s lenders to step up support for the real economy and meet credit demand.

central bank, lending, regulation, banks, COVID-19

Alternative lender ThinCats partners with Mambu

News | Online & Mobile Banking | 20 May 2022

Alternative finance provider for small and medium-sized SMEs ThinCats has selected Mambu’s cloud banking technology platform to scale at pace and expand its SME lending offering, according to Explode Africa.

partnership, Mambu, lending

Airbank partners with Uncapped for corporate financing in Germany 

News | Online & Mobile Banking | 19 May 2022

Germany-based cash flow management platform Airbank has announced partnering with digital business financing partner Uncapped to offer tailor-made revenue-based financing for medium-sized and start-up companies in Germany.

partnership, SMEs, SME lending, financial services, lending

MarketFinance raises GBP 100 mln from Deutsche Bank

News | Payments General | 19 May 2022

UK-based fintech credit and payment company MarketFinance has received GBP 100 million from Deutsche Bank to support new lending to UK SMEs.

lending, funding, SMEs, fintech, SBI Payments

InDebted to help with stressful traditional debt collecting in the UK

News | Online & Mobile Banking | 18 May 2022

InDebted, a global fintech aiming to transform the consumer experience of debt, has revealed new research highlighting the impact of the UK’s existing broken debt collection model on consumers.

lending, credit scoring, online banking

Commonwealth Bank launches Unloan

News | Online & Mobile Banking | 18 May 2022

Australia’s Commonwealth Bank (CBA) has launched Unloan, Australia’s first digital home loan with a discount that increases every year for up to 30 years, according to the official press release.

lending, product launch, Open Banking

Ophelos, Plend partner for ethical debt resolution

News | Online & Mobile Banking | 18 May 2022

Technology company Ophelos has partnered with Open Banking ethical consumer lender Plend.

partnership, Open Banking, lending

VoPay and TurnKey Lender deliver AI lending automation platform

News | Payments General | 18 May 2022

Canadian company VoPay and US-based TurnKey Lender have partnered to deliver an AI-powered lending automation platform used by traditional, alternative, and embedded lenders.

partnership, product launch, digitalisation, artificial intelligence, lending

Accelerated Payments advances EUR 750 mln to businesses

News | Payments General | 18 May 2022

UK-based alternative finance company Accelerated Payments has advanced EUR 750 million to businesses, as companies emerge from the COVID19 lockdown.

fintech, SMEs, lending, Brexit, pandemic

Westcon-Comstor delivers own flexible payment offering

News | Online Payments | 17 May 2022

US-based technology provider Westcon-Comstor has launched Flex, a payment service which provides flexible funding for the IT channel.

BNPL, product launch, subscription payments, subscription economy, lending, funding