306 articles tagged with this keyword
News/startups
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.
08 April 2021
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.
07 April 2021
News/inclusion
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.
10 March 2021
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.
08 March 2021
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.
News/regulation
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.
03 March 2021
Mexican fintech Stori has raised $32.5 million in a Series B funding round to bring credit cards to the country's middles class.
01 March 2021
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.
24 February 2021
SeedFi, a startup promising to help Americans build their credit and savings, has raised $15 million in equity and $50 million in debt.
17 February 2021
News/wholesale
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.
News/payments
Atom Bank has signed a deal with Plaid to introduce Open Banking and payment initiation services to small business customers.
16 February 2021
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.
10 February 2021
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.
News/retail
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.
09 February 2021
News/sustainable
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.
29 January 2021
X1, the startup behind a "smart" credit card, has raised $12 million in a funding round led by Spark Capital.
19 January 2021
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.
08 January 2021
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.
15 December 2020
Updraft, a London-based startup promising to help users ditch their credit cards, has raised £16 million in equity and debt.
04 December 2020
NatWest is piloting a new app for renters to share bills with flatmates and help boost their credit scores.
24 November 2020
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