Non-bank competitors

632 articles tagged with this keyword

/wholesale

Half of European fintech lenders unlikely to ever hit profitability - WinYield

European fintech lending startups have racked up over €11 billion in debt facilities in 2023 but many are running unviable models and will never become profitable, claims a report from credit fund WinYield.

/Non-bank competitors

UK Open Banking API Performance 2022-2023

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/people

Payroll Integrations raises $20m Series A round

Payroll Integrations, the technology company that’s reimagining how employers support employees’ financial well-being through benefit automation, today announced the close of its $20 million Series A funding round. The funding was led by Arthur Ventures, a Minneapolis-based growth equity firm with deep expertise in B2B software.

/retail

Accelerated Payments partners with Funding Friends to expand working capital solutions

Global Invoice Finance provider Accelerated Payments has announced a strategic partnership with UK funding expert Funding Friends to facilitate the accessibility of bespoke working capital solutions for UK SMEs and mid to large corporate businesses.

/retail

Accelerated Payments hits €1.5bn business financing milestone

Business funding provider Accelerated Payments today announced it has advanced an additional €500 million to businesses globally in the past nine months, bringing the total to €1.5 billion on its sixth anniversary.

/sustainable

Sustainable Finance Live 2023: The bank’s role in financing sustainable cities

Moving swiftly to the interactive workshop, the session Sustainable Finance Live is known for was hailed as being a rapid cocreation opportunity for attendees and where ideas became reality in just an hour.

/startups

Curve secures £133 million in Series C, signals 2024 profitability

Curve has secured an additional £58 million in its series C round, taking the round’s total funding to over £133 million.

/people

Revolut expanding team to target mortgage financing in Europe

Revolut is looking to hire global candidates to enhance mortgage products for their customers in Europe.

/payments

Ant Group adds 10 e-wallets from the Alipay+ programme into China

Ant Group has introduced 10 mobile wallets already used across Asia to the Chinese mainland through the Alipay+ in China (A+China) program. The move comes in preparation for the Hangzhou Asian Games.

/retail

Joust and Lendela partner to bolster personal loans offering

In a strategic move aimed at revolutionising the world of personal loans and enhancing the financial journey of Australians, Joust, the leading online home loan marketplace, is thrilled to announce its partnership with Lendela, a prominent player in the personal loan industry.

/startups

Irish fintechs bemoan lack of state support

Innovation within Ireland's banking sector has been hindered by a lack of government funding, claims a newly published report.

/startups

African startups raise $2.7bn in VC funding

Startups in Africa's fintech market have secured more than $2.7bn in venture capital (VC) funding in the last two years, according to a recently released report.

/payments

Revolut prioritises financial inclusion in expansion into LATAM

Revolut is offering Revolut Lite in Latin American countries to make cross-border transactions and transfers more accessible to the unbanked.

/sustainable

Shift sustainability behaviour through positive reinforcement - ekko

Discussing the rise of sustainable fintechs and demand for greener financial services, founder and CEO of Embedded Sustainability provider ekko, Oli Cook, speaks to how the payments industry has a role to play in sustainable decision making.

/payments

RTGS.global to pilot cross-border service with banks in Georgia and Tajikistan

RTGS.global has signed pilot agreements with MDO Humo in Tajikistan and Credo Bank in Georgia as a move to run pilots of its settlement service in Central Asia.

/security

CFPB warns consumers about non-insured payments apps

The Consumer Financial Protection Bureau (CFPB) has warned users of non-bank payment apps that their accounts are not protected by federal deposit insurance coverage.

/startups

Revolut faces reported rejection for a UK banking license

The Bank of England is planning to reject Revolut’s long-standing application for a banking license in the UK, according to the Telegraph.

/retail

Bravura and Moneyhub demo connected pensions dashboard

Financial technology provider, Bravura, and Moneyhub, the award-winning data and payments platform built on the principles of Open Banking and Open Finance, are joining forces to demonstrate their end-to-end connected pensions dashboards technologies to delegates at the PASA Annual Conference today.

/retail

Techcombank and Personetics partner for AI-driven money management

Vietnam Technological and Commercial Joint Stock Bank (“Techcombank”) has announced a new partnership with Personetics, the global leader in financial data-driven personalization and customer engagement for financial services, to introduce artificial intelligence (AI)-powered money management capabilities.

/cloud

JPMorgan Chase boss Dimon hails 'groundbreaking' AI

JPMorgan Chase has more than 300 AI use cases in production, CEO Jamie Dimon has revealed, calling the technology "extraordinary and groundbreaking".