Tag : COVID-19

AlphaCredit closes equity financing round led by SoftBank Latin America Fund
Banking Fintech News

AlphaCredit closes equity financing round led by SoftBank Latin America Fund

Fintech News Desk
by Fintech News Desk0
AlphaCredit, a leading technology firm that provides financial services to segments underserved by traditional banking institutions, specialized in consumer lending and financing for small and medium enterprises (SMEs), has completed an equity financing round for more than MXN$2.4 billion (approximately US$100 million), led by SoftBank’s Latin America fund, one of the leading technology......
SpotOn and SoFi Partner to Connect SMBs with Federal Stimulus Loan Programs
Business Fintech News

SoFi Facilitates PPP Support To Members During COVID-19

Fintech News Desk
by Fintech News Desk0
SoFi Provides Small Businesses Easy Access to Network of Lenders for PPP Loans SoFi announced it has helped funnel over $75 million in loan applications to lenders for the Paycheck Protection Program (PPP) established by the CARES Act, through its extensive network of lenders, through Lantern, the product comparison site operated by......
PayPal Partners with Even to Provide New Tools to Improve the Financial Health of its Workforce
Fintech News

PayPal Releases 2019 Global Impact Report

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, released its third annual Global Impact Report, publishing its environmental, social, and governance (ESG) strategies and activities of its global operations for 2019. The Global Impact Report highlights progress PayPal has made to advance financial health, promote an inclusive and diverse workforce, minimize its environmental impact, and work to......
Building on the XRP Ledger and Beyond - FinNexus & Bitrue Burst Into DeFi
Fintech Investment Services News

Building on the XRP Ledger and Beyond – FinNexus & Bitrue Burst Into DeFi

Fintech News Desk
by Fintech News Desk0
DeFi platform FinNexus and leading financial services platform Bitrue have announced their intentions to expand services to the XRP and Wanchain ecosystems through the tokenization of novel real-world assets. The first project from this partnership will be the FNX token, an asset with a unique conversion mechanism that both sustains......
Wolters Kluwer FRR Launches OneSumX for Risk Management in China
Banking Fintech Fintech Funding News

Wolters Kluwer Recommences Processing US PPP Loan Applications Through Financial Technology Solution

Fintech News Desk
by Fintech News Desk0
Second Round of PPP Enables Wolters Kluwer to Build on Supporting Main Street Business Jobs  Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing......
Kasasa Partners with NYDIG to Provide Bitcoin Wallet Capabilities to Community Financial Institutions
Banking Fintech News

Kasasa Study Finds Most U.S. Consumers Want Total Digital Financial Experience

Fintech News Desk
by Fintech News Desk0
A recent consumer study commissioned by Kasasa revealed that majority of consumers (79%) find it important to have a complete digital experience when selecting a financial institution, highlighting online and mobile technology’s influence in attracting and retaining customers. The 2020 study was conducted online by The Harris Poll on behalf of Kasasa,......
Inclusion Foundation Formed to Tackle Financial Exclusion
Fintech News

Inclusion Foundation Formed to Tackle Financial Exclusion

Fintech News Desk
by Fintech News Desk0
The Inclusion Foundation (TIF), the Community Interest Company (CIC) uniting the fintech industry to give the UK’s 13m under-served adults better access to financial services, announces its launch today.[1] This comes at a time when the society’s most vulnerable are in the greatest need of vital financial services as they......
AvidXchange Launches Virtual Learning Hub to Support Customer Success
Banking Fintech News

AvidXchange Foundation Supports Local Nonprofits, Youth and Families as Part of COVID-19 Relief Efforts

Fintech News Desk
by Fintech News Desk0
AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, announced efforts to provide relief to families and youth across the U.S. by supporting local food banks and donation drives in cities where its offices are located. With a commitment to making a difference......
National Disability Institute Launches Text Campaign to Promote Stress Reduction and Financial Resilience for People with Disabilities and Chronic Health Conditions
Fintech News

National Disability Institute Launches COVID-19 Financial Resilience Center to Provide Cost-Free Financial Resources for People With Disabilities

Fintech News Desk
by Fintech News Desk0
New national initiative with Wells Fargo will connect the 100 million people with disabilities and chronic health conditions to accessible financial health tools, virtual financial coaching and counseling National Disability Institute (NDI) launched the Financial Resilience Center, an online comprehensive education and information hub for people with disabilities and those with chronic......
More than 3.4M Homeowners -- 6.4% of All Mortgages -- Now in COVID-19-Related Forbearance Plans According to Black Knight's McDash Flash Data Set
Banking Business Fintech News

More than 3.4M Homeowners — 6.4% of All Mortgages — Now in COVID-19-Related Forbearance Plans According to Black Knight’s McDash Flash Data Set

Fintech News Desk
by Fintech News Desk0
The McDash Flash suite from Black Knight leverages daily, loan-level data to provide market participants with the most current view of the forbearance and mortgage performance landscape In light of the significant impacts the COVID-19 pandemic is having on the U.S. mortgage market, Black Knight,  has been tracking loan-level forbearance data on......
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