Ohpen acquires cross-border mortgage vendor Davinci
Dutch technology firm plans international expansion with new suite of products.
Dutch technology firm plans international expansion with new suite of products.
Business lender plans to help applicants squeeze in before September deadline.
Tandem’s Cashback Credit Card will shut down in February 2021.
Former Teradata man to lead development of OakNorth’s credit platform.
SEK picks Commercial Loan Origination and FIS Ambit.
Existing investor Centerbridge now owns the majority of Auxmoney’s equity.
“[We’ve] firmly cemented the digital lending category in the Netherlands,” says Boersma.
The Atlanta lendtech grabs its first injection since launching in March.
Current CFO Ochoa steps down to move closer to family.
The bank has hired 30 staff in the first half of the year.
Firms have two months to consider the cases, making the final approval on 30 November.
Reports earlier this month put the value of the acquisition at up to $850 million.
Defaults have more than tripled, according to KCB’s CEO.
A two-year programme has left only 29 firms in the country.
The fintech has built its own underwriting which it intends to outsource.
The system allows advisors to submit a mortgage application through the back office.
The round attracted new investors Augmentum Fintech, SBI Group and mojo.capital.
“If it wasn’t for COVID-19, we’d be well on our way to turning a profit.”
Some £220 million of the £600 million came from government schemes.
Banks can use data to stand out from the competition and fortify their position.
Kabbage was last valued at more than $1 billion.
Exchange operator aims to boost its nascent mortgage business.
Woodson Capital has become a substantial shareholder.
Partnership claims to be first of its kind in the country.
UK watchdog highlights issue with letting users borrow again and again.
VC-backed fintech deals dived from 452 in Q1 to 397 in Q2.
This math is at the root of a very basic truth: opportunity is not distributed equally in America.
PoS lender is working with Goldman Sachs in early-stage discussions of a potential listing.
The fintech has raised £100m in debt financing to extend its own support.
OnDeck has suffered in the wake of the COVID-19 pandemic.
“All the banks see is risk,” Slice’s CEO Rajan Bajaj tells FinTech Futures.
Deutsche wants more European banks to invest in the platform.
Davies says his departure is on good terms.
New legislation the latest attempt to stop unregulated lending.
Last year, the sandbox recieved a record 99 applications.
Some £12 million of its Series A counts for equity, whilst the rest is debt.
Affirm will power instalment payments for ‘Shop Pay’.
The app is part of Virgin Money’s wider digital transformation strategy.
Last year, Orient Bank reported a net loss equivalent to $284,374.
Of the groups studied, Black women received worse treatment in 59% of cases.