Search Results for: lending service

Ocrolus
Banking Fintech News

Ocrolus Raises $80 Million In Series C Funding To Scale Its Financial Services Focused Document Automation Solution

Fintech News Desk
by Fintech News Desk0
Company Makes Lending Significantly Faster And More Accurate; Achieves $500+M Valuation; Expands US Operations Ocrolus, the only automation platform that analyzes financial documents with over 99 percent accuracy, announced $80 million in Series C funding led by Fin VC at a valuation north of $500 million. The company powers document......
Temenos, Vodeno and Aion Bank Announce Strategic Collaboration to Accelerate the Adoption of Banking as a Service in Europe
Banking Cloud Mobile Banking News

Temenos, Vodeno and Aion Bank Announce Strategic Collaboration to Accelerate the Adoption of Banking as a Service in Europe

Fintech News Desk
by Fintech News Desk0
Temenos and Vodeno to enable regulated and non-regulated entities to embed financial services into their customer journeys Temenos, the banking software company, Vodeno, a fully cloud-native BaaS provider and Aion Bank, a European licensed digital bank and credit institution, announced a strategic collaboration to accelerate Banking as a Service (BaaS)......
Finastra Introduces Total Lending Home To Deliver Access To Its Lending Solutions Via A Single Entry Point
Banking Cloud Fintech News

Finastra Introduces Total Lending Home To Deliver Access To Its Lending Solutions Via A Single Entry Point

Fintech News Desk
by Fintech News Desk0
New interface eases transition from on-prem to cloud-based applications by serving as a single access point for the Total Lending product suite Finastra has launched Total Lending Home, a new cloud-based portal to launch and manage the Total Lending suite of solutions. Current lending products available through the Total Lending Home portal......
LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans
Banking Finance Fintech News

LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans

Fintech News Desk
by Fintech News Desk0
LendingClub Corporation, the parent company of LendingClub Bank, America’s leading digital marketplace bank, today released findings from the third Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The first report found that the majority of Americans (54 percent) are living paycheck-to-paycheck; the second edition examined regional differences and found that Americans living in......
Brevan Howard and DRW Invest in Edge Focus to Fuel Major Expansion Into Fintech Lending Space
Fintech Investments News

Brevan Howard and DRW Invest in Edge Focus to Fuel Major Expansion Into Fintech Lending Space

Fintech News Desk
by Fintech News Desk0
Edge Focus, a technology company that applies machine learning and artificial intelligence to analyze credit, has entered into a strategic partnership with prominent hedge fund Brevan Howard and global quantitative trading firm DRW. “At DRW, we have witnessed first-hand the power of sophisticated technology to disrupt the status quo and drive rapid innovation”......
MarketFinance
Business Fintech News

MarketFinance in Pole Position as it Raises £280 Million and is Approved for Recovery Loan Scheme Lending

Fintech News Desk
by Fintech News Desk0
MarketFinance launches Flex Loans, an unsecured flexible facility to help SMEs solve their day to day cash flow problems Fintech business lender MarketFinance has announced a £280m debt and equity fundraise and its accreditation under the Recovery Loan Scheme (RLS). This comes after MarketFinance became one of the first fintechs to be accredited......
Amazon and Lendistry Launch Amazon Community Lending Pilot Program to Fuel Growth for Small and Medium-sized Businesses
Fintech Investments News

Amazon and Lendistry Launch Amazon Community Lending Pilot Program to Fuel Growth for Small and Medium-sized Businesses

Fintech News Desk
by Fintech News Desk0
The partnership expands Amazon Lending’s business financing options for Amazon sellers and will provide loans of up to $100,000 to help fund strategic business needs, such as inventory expansion, brand building, and customer acquisition. U.S.-based Amazon sellers, including those in Lendistry’s CDFI target groups, which include African American- and Hispanic-Latino-owned......
Logiq Joins Forces with Novaji Introserve to Offer Home Delivery and Mobile Fintech Services to Millions of Underserved and Unbanked in Nigeria
Digital Wallet Fintech News

Logiq Joins Forces with Novaji Introserve to Offer Home Delivery and Mobile Fintech Services to Millions of Underserved and Unbanked in Nigeria

Fintech News Desk
by Fintech News Desk0
 Logiq, Inc., a global provider of award-winning e-commerce and fintech solutions, has entered into a preliminary agreement with Novaji Introserve, a value-added IT and financial services company based in Lagos, to provide home delivery and mobile financial services to millions of unbanked and underbanked people in Nigeria. As a government-licensed value-added......
Crayhill Renewables and Exelon Power Services Launch Generation Management and Developer Financial Services Platform
Fintech News

Crayhill Renewables and Exelon Power Services Launch Generation Management and Developer Financial Services Platform

Fintech News Desk
by Fintech News Desk0
Integrated generation management and financial services platform combines project financing and generation together into a single offering Crayhill Renewables, the Nashville-based renewables affiliate of Crayhill Capital Management, and Exelon Generation Company, LLC, doing business as Exelon Power Services, operator of more than 30 gigawatts of generation assets, announced a comprehensive lifecycle......
Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders
Business Finance News

Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.8% in July 2021 to 13.9% in August, up by three-tenths of a percentage from one year ago. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business  “Small businesses are again borrowing to improve......
1