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Turkey-based consumer finance company Quick Finans has tapped Provenir’s AI-powered data decisioning platform to approve and onboard new customers.
artificial intelligence, digital onboarding, risk management, KYC, lending
Spain-based supply chain finance solution Twinco Capital has raised USD 12 million in equity and debt in its mission to reduce the estimated USD 1.7 trillion trade finance gap.
supply chain finance, funding, equity, SMEs, investment, lending
Israel-based fintech PayEm has received USD 220 in equity and debt to grow its card operations.
personal finance management, funding, investment, lending, expansion
US-based crypto lender Genesis has filed for Chapter 11 bankruptcy protection in New York following major losses in June 2022.
cryptocurrency, lending, digital assets, crypto asset
Australia-based bank Westpac has partnered with AI company Rich Data Co (RDC) to improve the lending experience for business customers and bankers, according to Australian FinTech.
partnership, artificial intelligence, lending, SME lending, banks
Hong Kong-based global credit reference agency, TransUnion, has recently announced the launching of a new suite of Credit Monitoring Service Packages, aiming to promote financial inclusion across the territory.
financial services, financial data, financial inclusion, credit scoring, financial sanctions, lending
Cloud-native issuer processor Enfuce and Nordic-Czech-based fintech holding company Orka Ventures have launched a consumer lending offering.
BNPL, partnership, PSD2, cloud services, Issuer, card scheme, lending
India-based fintech platform KreditBee has closed its second tranche of a USD 200 million Series D funding with an USD 100 million in primary funding from Advent International.
funding, investment, lending, financial inclusion, underwriting, credit scoring, banking
Self-service loan management software fintech Constant has launched its zero-processing loan servicing solutions, which are now accessible via Jack Henry’s digital banking platform, according to IBS Intelligence.
partnership, lending, digital banking
Binance.US has revealed its plans to acquire bankrupt crypto lender Voyager Digital, which is valued at about USD 1 billion.
acquisition, cryptocurrency exchange, lending, digital assets
The European Central Bank has extended its liquidity lines with central banks from non-euro area countries until 15 January 2024, according to an official press release.
central bank, banks, lending
Spain-based fintech Novicap has received a EUR 200 million debt facility from asset manager Fasanara Capital to accelerate its growth.
fintech, e-invoicing, funding, lending, investment
Consumer credit platform Younited has raised EUR 60 million to expand its instant credit offering in Europe and reach unicorn status.
lending, funding, investment, expansion, Unicorn
Global retailer Walmart is gearing up to launch a BNPL system that would be offered through its own fintech venture.
BNPL, product launch, retail, fintech, lending
Australia-based ANZ Bank has revealed plans to offer digital mortgages starting in 2023 in a bid to expand its new digital banking platform.
lending, banks, digital banking, product launch
Cryptocurrency lending platform Nexo says it is ‘phasing out’ the US side of its operations, after unsuccessful talks with regulators.
cryptocurrency exchange, cryptocurrency, regulation, lending
Argentina-based fintech Ualá has decided to launch personal loans in Mexico in partnership with Mexico-based ABC Capital.
partnership, lending, fintech, banks, online banking, digital banking
Sweden-based Svea Bank has acquired the Finland operations of Spain-based AREX Markets to strenghten its position as a corporate financier in Finland.
financing , acquisition, e-invoicing, SMEs, lending
UK-based fintech SME challenger bank Allica Bank has raised GBP 100 million in a series C funding round led by global growth technology investor TCV.
funding, investment, lending, SME lending, SMEs, banking, challenger bank
US-based management consultancy company Zventus has launched FinTech-in-a-Box, a consumer lending solution to help legacy lenders compete with fintech companies.
lending, fintech, banks, expansion