Upgrade snaps up BNPL vendor Uplift for $100m
California-headquartered Uplift provides BNPL payment and credit products to the travel industry.
California-headquartered Uplift provides BNPL payment and credit products to the travel industry.
The Alabama-based firm aims to “improve financial wellness and eliminate cycles of debt for employees”.
Settle will use the expanded facility to boost its lending to e-commerce and consumer brands.
Bain Capital will pick up a 90% stake, with current CEO Gaurav Gupta retaining the other 10%.
The bank has seen its customer count jump from around 123,000 during FY22 to 224,000 at present.
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David Morris discusses automation, its impact on customer service and the changing nature of branch-based banking.
Clockwise’s IT manager says the launch is a “culmination of a huge amount of work over the past six years”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Salmon says the investment marks the “largest ever” debt financing for a Series A tech company in the Philippines.
The funding will be used to lend to SMEs in the UK, Australia and Netherlands.
The partnership seeks to provide better financing opportunities to foreign-born students in the US.
CTB will utilise the Temenos Banking Cloud to replace its legacy core systems and move to a SaaS model.
In addition to the asset acquisition, many of Tillful’s employees will be joining Nav in senior roles.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The fund will have an initial size of €67 million, with increases subject to consent from the lenders.
Fiinu’s cost reduction plans include staff redundancies.
Mambu’s cloud technology and Knowit’s loan origination solution are to support the SPK’s housing loan offering.
Launching this September, Grow seeks to provide businesses with better cash flow, management and capital.
Qardy will provide its financing services to Egypt’s SME community through Egypt Post’s numerous post offices.
Apple is reportedly exploring a partnership with HDFC Bank in India to roll out a credit card offering.
The start-up has also secured a $150 million consumer lending program with banking partner Pathward.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The company’s co-founder Hann Liew confirmed his and Lucas Ooi’s decision this week.
The new transaction is backed by Citi and Channel Capital, and the initial facility will be for €67 million.
Tandem’s CEO says the capital “will put extra momentum behind our green lending proposition”.
This is the third building society client deploying Finastra’s Essence solution.
LendInvest says the funding will fuel its buy-to-let and residential mortgage products.
The petition was filed on 26 June and the final hearing on the case is expected on 28 July.
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Sources tell Bloomberg that the layoffs are currently ongoing as the bank looks to cut costs.
The transaction is expected to close soon following customary regulatory approvals.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The transaction, subject to certain conditions, is expected to close in the second half of 2023.
The acquisition will enable Compass to become a consumer credit operator in the Swiss market.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Pepper Money India will offer personal finance products to consumers and aims to launch second half of 2023.
FinTech Futures speaks with Charles Potts, EVP and CIO at Independent Community Bankers of America (ICBA).
Lentra plans to use the new funds to fuel its international expansion and product development.