Search Results for: alternative lenders

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges
Finance News

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges

Fintech News Desk
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk and......
Asset Class Secures $11.6 Million Series A Funding Led By Canapi Ventures to Help Democratize Private Capital Investing
Fintech Funding News

Asset Class Secures $11.6 Million Series A Funding Led By Canapi Ventures to Help Democratize Private Capital Investing

Fintech News Desk
Funding to Accelerate Software and Business Development Capabilities as Asset Class Continues U.S. and European Growth Series A Round Includes Live Oak Ventures, Plexus Capital and Total Technology Ventures Asset Class, a financial technology (fintech) company headquartered in Dublin with offices in New York and London, announced that it has......
Avalanche Foundation's Blizzard Fund and JAM FINTOP Blockchain Back Intain Deployment of Blockchain in Traditional Financial Systems
Blockchain Finance News

Avalanche Foundation’s Blizzard Fund and JAM FINTOP Blockchain Back Intain Deployment of Blockchain in Traditional Financial Systems

Fintech News Desk
Intain Inc., a leading blockchain-enabled structured finance platform for issuers and investors to connect in an efficient, secure and trusted way, announced today the completion of a round of funding. The funds will be used to help scale Intain MARKETS, a structured finance marketplace scheduled for launch in July. Latest Fintech......
Finastra Launches Embedded Consumer Lending Solution
Lending News

Finastra Launches Embedded Consumer Lending Solution

Fintech News Desk
Financial institutions and retail brands gain a new embedded finance platform to help consumers access regulated loans at point-of-sale, powered by Banking as a Service Finastra unveiled its embedded consumer lending solution, enabling access to traditional regulated lending options for consumers at point-of-sale (POS). Financial institutions, distributors and merchants will benefit......
Cion Digital Announces Sundar Nagarathnam as New Chief Operating Officer
Blockchain News

Cion Digital Announces Sundar Nagarathnam as New Chief Operating Officer

Fintech News Desk
Sundar Nagarathnam joins to lead global customer-centric service execution strategy Cion Digital, developers of the first enterprise SaaS blockchain orchestration platform, announced the appointment of senior executive Sundar Nagarathnam as Chief Operating Officer (COO). Sundar will play a dynamic role in accelerating execution and innovation as the company pushes forward on its......
DeFi News

Masa Finance Partners with African Fintech Pngme to Provide DeFi Services to Emerging Markets

Fintech News Desk
The first partnership to increase data coverage for DeFi lenders in Nigeria and Kenya Silicon Valley DeFi protocol Masa Finance announced it is partnering with African financial data company Pngme to drive the adoption of DeFi credit services in the region. The partnership will give DeFi lenders across Nigeria and Kenya......
Marqeta: 70% of Consumers Surveyed Say the Experience of Getting a Loan is a Decade Behind Online Banking
Banking Lending News

Marqeta: 70% of Consumers Surveyed Say the Experience of Getting a Loan is a Decade Behind Online Banking

Fintech News Desk
Research shows many consumers frustrated with lending experience and want less jargon and more clarity, with 80% believing that lenders try to obscure the final cost of a loan Marqeta, the global modern card issuing platform, released new data from a survey of European consumers on their attitudes to and......
Homebot integration with the Black Knight Surefire CRM enables effortless delivery of personalized home finance insights to homeowners
Finance News

Homebot Integration With the Black Knight Surefire CRM Enables Effortless Delivery of Personalized Home Finance Insights to Homeowners

Fintech News Desk
Homebot, an award-winning, client engagement and retention portal that empowers consumers to build wealth through homeownership, announced it has integrated with Surefire, the industry-leading customer relationship management (CRM) and mortgage marketing automation software from Black Knight, a premier provider of software, data and analytics that drives innovation in the mortgage lending, servicing and real estate......
Auto Fintech Caribou Raises $115 Million in Series C Funding, Valuing Company at $1.1 Billion
Fintech News

Caribou Raises $115 Million in Series C Funding, Valuing Company at $1.1 Billion

Fintech News Desk
Funding round led by existing investor Goldman Sachs Asset Management Caribou, the auto fintech whose mission is to help people take control of their car payments, announced it has closed $115 million in an oversubscribed Series C funding round, which brings the company’s valuation to $1.1 billion. The round was......
TransUnion Study Examines the Risk Profile of BNPL Applicants and the Financial Inclusion Opportunities
Lending News

TransUnion Study Examines the Risk Profile of BNPL Applicants and the Financial Inclusion Opportunities

Fintech News Desk
TransUnion study finds that point-of-sale financing applicants are more likely to be younger and below prime As both awareness and usage of Buy Now, Pay Later (BNPL) and Point-of-Sale (POS) financial offerings continue to grow, a new study from TransUnion examined the risk profiles of consumers who use these products and......
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