Articles with tag: loans

Found 200 results in 171 milliseconds.

BankMobile merges with Megalith Financial Acquisition

07 Aug 2020 | Online & Mobile Banking

US-based BankMobile, a subsidiary of Customers Bank, and Megalith Financial Acquisition (MFAC) have entered into a definitive merger agreement.

BankMobile, technology, Customer Bank, banks, Megalith Financial Acquisition, digital banking, digital, banking, BM Technologies, US, MFAC, transaction, NYSE, loans, financial, Banking-as-a-Service, BaaS, BankMobile Disbursements, Google, White-Label, T-Monile, T-Mobile MONEY

Sezzle eyes expansion plans in India

07 Aug 2020 | Payments General

Sezzle, a US-based company that offers buy now, pay later service, has announced plans to foray into India by the end of this year, reports Electronic Payments International.

Sezzle, expansion, India, buy now, pay later, payments, digital payments, loans

Sberbank considers introducing stablecoin after new crypto law

06 Aug 2020 | Cryptocurrencies

Russia-based Sberbank has announced plans regarding stablecoin, which are digital currencies backed by real-world assets, major fiat currencies, or commodities such as gold.

Sberbank, stablecoin, crypto law, crypto, Russia, digital currencies, fiat currencies, commodities, gold, cryptocurrency, On Digital Financial Assets, DFA, crypto-to-crypto trading platform, loans, digital securities

Viva Wallet acquires banking licence of Praxia Bank

05 Aug 2020 | Online & Mobile Banking

Viva Wallet has acquired the banking license of Praxia Bank after the completion of the share purchase agreement with AMC Oak.

Europe, fintech, Viva Wallet, banking, banking licence, Praxia Bank, AMC Oak, loans, ecommerce, partnership, WooCommerce, Pan-European, payments, merchants, IBAN, BIN, debit cards, cards

Metro Bank acquires RateSetter

04 Aug 2020 | Payments General

Metro Bank has announced its intention to purchase peer-to-peer lender RateSetter for up to USD 15.6 million.

Metro Bank, banks, P2P, lender, RateSetter, UK, regulators, loans, Australia

iwoca secures USD 130 mln in funding round

03 Aug 2020 | Payments General

Alternative lender iwoca has raised USD 130 million from an undisclosed investor. 

iwoca, CBILS, loans, SMEs, lender, banks, partnership

Venio launches nano-credit mobile app in Philippines

29 Jul 2020 | Online & Mobile Banking

Venio, a mobile app providing nano-credit facilities to consumers in emerging markets, has begun offering credit facilities to unbanked consumers in Philippines. 

Venio, lending, mobile app, nano-credit, unbanked, Philippines, World Bank Group, loans, retail, network

Bankera launches business loans for digital SMEs

28 Jul 2020 | Online & Mobile Banking

Lithuania-based fintech Bankera has started to offer business loans for small and medium-sized enterprises (SMEs). 

Bankera, business loans, SMEs, digital sector, covid19, Bankerea Business Loans, European Commission, hackathon, lending solution, Lithuania, Europe, business invoice financing, refinancing, short-term lending services

P2P fintech backed by Ping An Insurance aims for IPO in the US in 2020

27 Jul 2020 | Payments General

Lufax Holding, which runs an online wealth management and peer-to-peer lending platform, has announced plans for an initial public offering in the US in 2020.

Ping An Insurance, loans, P2P, lending, IPO, Lufax Holding, China

TBC Bank goes live with Capital Banking Solutions in Uzbekistan

27 Jul 2020 | Payments General

TBC Bank, an Uzbekistan-based digital bank and the subsidiary of TBC banking group in Georgia, has selected Capital Banking Solutions, a global provider of integrated banking software.

deposits banking services, loans, partnership, TBC Bank, Georgia, Capital Banking Solutions, digital bank

Estonia-based EstateGuru launches new payment system for Europe

24 Jul 2020 | Payments General

P2P lending platform EstateGuru has implemented fellow European fintech Lemonway’s payment facilities as it tackles full European launch. 

EstateGuru, lending, P2P lending, Estonia, Europe, Lemonway, fintech, payment, loans, Latvia, Poland, Germany, Spain, Finland, European Union, Lemonway IBAN, investor, BNP Paribas, alternative lending, Onfido, ID verification

Digital bank 86 400 teams up with Australian Finance Group

24 Jul 2020 | Online & Mobile Banking

Australia-based digital bank 86 400 has partnered with Australian Finance Group (AFG), to expand its home loan broker distribution network. 

86 400, loans, AFG, partnership, Australia, digital bank, digital, banks, Australia Finance Group, network, mortgage, Own Home Loan

Flowe partners with SIA to develop digital banking services

23 Jul 2020 | Payments General

Flowe has partnered with SIA, the European hi-tech company in the payment services and infrastructures sector, to support the offer of digital services in the areas of e-money, payments, current accounts, loans, and savings management. 

Flowe, SIA, digital banking, payments, loans, savings

Selina Finance announces USD 53 mln funding round to expand its business

23 Jul 2020 | Payments General

Selina Finance, a company that provides loans to SMEs in the form of flexible credit facilities, has raised USD 53 million.

loans, SMEs, funding, Selina, UK, mortgages, banking, fintech, lending, property

Zopa partners with Paylink Solutions

23 Jul 2020 | Online & Mobile Banking

Zopa has teamed up with Paylink Solutions, a software provider, to support its customers amid the COVID-19 pandemic.

Zopa, Paylink Solutions, data, partnership, software, COVID-19, coronavirus, pandemic, P2P, digital bank, digital, banks, cloud-based, Embark, payments, open banking, banking, Credit Reference Agency, lenders, loans, PayPlan, UK, API

Investor exists Credit Suisse Funds

22 Jul 2020 | E-invoicing, SCF & E-procurement

SoftBank has pulled a more than USD 500 million investment from Credit Suisse’s supply chain finance funds. 

SoftBank, Credit Suisse, supply chain finance, SCF, loans, Greensill, Vision Fund, payments, invoice

Sberbank may be able to write off USD 2 billion state loan - Reuters

22 Jul 2020 | Payments General

Sberbank may be allowed to write off USD 2 billion in a subordinated loan from Russia’s Central Bank as part of the state’s support for its largest bank during the COVID-19 crisis, according to Reuters.

loans, Covid-19, financial services, Russia, lockdown, Sberbank, Russia Central Bank, finance ministry

Morgan Stanley to share its climate impact

21 Jul 2020 | Online & Mobile Banking

US-based bank Morgan Stanley has announced plans to publicly disclose how much its loans and investments contribute to climate change.

Morgan Stanley, US, United States, bank, loans, investments, climate change, climate impact, financial regulators, fossil fuels, government policies, greenhouse gas emissions, Partnership for Carbon Accounting Financials, financial company, financial institutions

Natixis plans to focus on environmentally friendly lending

20 Jul 2020 | Payments General

France-based bank Natixis has announced commodities and infrastructure operations merger to focus on clean energy.

Natixis, environmentally friendly, lending, France, loans, oil traders, oil price collapse, bankruptcies, greener fuel, European bank, financial penalties, Green Weighting Factor

UK Chancellor's announcement highlights SME's viability being shaken

16 Jul 2020 | E-invoicing, SCF & E-procurement

UK’s Chancellor has announced that is expected to allow repayment flexibility to the SMEs that have taken advantage of the Coronavirus Loan Schemes.

SME, UK, Coronavirus Loan Scheme, coronavirus, COVID-19, CBILS, Funding Xchange, loans, banks, RBS Pool E Remedies Fund, BCR, data, open banking, banking