Credit referencing and support

306 articles tagged with this keyword

/startups

Zilch brings BNPL to UK high street

UK-based buy now, pay later player Zilch is rolling out a 'tap and pay-over-time' feature that lets shoppers make in-store payments with a wave of their digital wallet, with the cost spread over a six week period.

/startups

Indian startup Cred hits $2.2bn valuation

Cred, a fast-growing Indian startup that allows users to pay their credit card bills and gives rewards in return, has hit a $2.2 billion valuation off the back of a $215 million Series D funding round led by Falcon Edge Capital.

/inclusion

Cheese launches digital banking platform for Asian communities

Cheese, a US digital banking platform targeting Asian communities, has launched with a pledge to donate $100,000 to nonprofits and community service programmes in support of Asian neighbourhoods and businesses hit by violence and economic hardship during the pandemic.

/startups

ING invests in credit scoring startup Flowcast

ING Ventures is investing an additional $3 million into Flowcast, a fintech startup that applies AI to the credit and collection process for non-performing loans.

/startups

Fintern taps AI and Open Banking to enter consumer loans market

Fintern, a UK-based fintech startup, is aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores in making lending decisions, focusing instead on affordability.

/regulation

Ant tussles with Beijing on sharing customer data - FT

Ant Group is resisting pressure from China's government to hand over more customer data to the country's central bank, according to the Financial Times.

/inclusion

Stori raises $32.5m to bring credit cards to Mexico's middle class

Mexican fintech Stori has raised $32.5 million in a Series B funding round to bring credit cards to the country's middles class.

/inclusion

Nationwide launches startup challenge to tackle poverty premium

Nationwide Building Society has launched a start-up challenge, calling for ideas to help tackle the so-called poverty premium, which sees poor people pay more for essential services.

/inclusion

Financial health startup SeedFi raises $65m

SeedFi, a startup promising to help Americans build their credit and savings, has raised $15 million in equity and $50 million in debt.

/wholesale

ANZ NZ taps Bud for Open Banking implementation

New Zealand's biggest bank, ANZ NZ will utilise Open Banking technology from the UK's Bud to improve the loan approval process for business customers.

/payments

Atom signs Open Banking deal with Plaid

Atom Bank has signed a deal with Plaid to introduce Open Banking and payment initiation services to small business customers.

/inclusion

Barclays joins $7m seed round for credit-building card TomoCredit

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $7 million in a seed funding round joined by Barclays.

/startups

Trade Ledger secures £13.5m investment

Lending-as-a-Service platform Trade Ledger has raised £13.5 million in a Series A funding round led by Point72 Ventures and joined by Foundation Capital, Court Lorenzini, and Hambro Perks.

/retail

Equifax acquires Open Banking partner AccountScore

Equifax has acquired long-term Open Banking partner AccountScore, in a deal that will see the combination of traditional credit bureau information held by Equifax with bank transaction data.

/sustainable

Elastacloud runs hackathon to devise sustainable finance solutions

The first Sustainable Finance hackathon run by data science specialists Elastacloud in association with Finextra and Responsible Risk, took place on 16 and 17 January bringing together 38 professionals from the finance and technology sectors.

/startups

X1 raises $12m for smart credit card

X1, the startup behind a "smart" credit card, has raised $12 million in a funding round led by Spark Capital.

/payments

Buy now, regret later? Brits face £2.3bn bill for Christmas shopping

A quarter of Brits used buy now, pay later services to fund Christmas shopping, setting up a £2.3 billion bill, according to Credit Karma.

/startups

Credit building startup Self raises $40m

Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $40 million in a Series D funding round led by Meritech Capital.

/startups

Updraft raises £16m to help Brits break up with their credit cards

Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.

/retail

NatWest tests 'Housemate' app for shared living expenses

NatWest is piloting a new app for renters to share bills with flatmates and help boost their credit scores.