Tag : credit access

FinVolution Secures Increased Financing Facility for AdaKami Through Strengthened Cooperation with PT Bank Jago
Finance News

FinVolution Secures Increased Financing Facility

Fintech News Desk
by Fintech News Desk0
FinVolution Group (“FinVolution,” or the “Company”), a leading fintech platform, announced that its Indonesian subsidiary, AdaKami, obtained a fivefold increase in its financing facility with PT Bank Jago Tbk (“Bank Jago”). The increase from 100 billion Rupiah to 500 billion Rupiah (US$34.9 million) will enhance AdaKami’s ability to expand credit access to broader......
Highline Secures $13 Million in Series A Funding To Extend Credit Access For Borrowers and Reduce Risk For Lenders
Fintech Funding News

Highline Secures $13 Million in Series A Funding To Extend Credit Access For Borrowers and Reduce Risk For Lenders

Fintech News Desk
by Fintech News Desk0
Highline Technologies, the payments cthat unlocks payroll-linked lending and billpay, announced that it has successfully raised $13 million in Series A funding. The round was led by Jump Capital, Costanoa Ventures, Foundation Capital and other investors. Latest Fintech News: Flexia Launches InstaPlay Registration and Integrated Onboarding Module of Its Cashless Gaming Solution Founded in......
Black Mortgage Applicants Are Denied 84% More Often Than Whites
Finance Mortgage News

Black Mortgage Applicants Are Denied 84% More Often Than Whites

Fintech News Desk
by Fintech News Desk0
The gap of mortgage denial rates between Black and white applicants has widened over the past two years, limiting access to homeownership and opportunities to build wealth The Black homeownership rate that ticked up before the pandemic has again begun to fall, spurred by a widening mortgage approval gap between......
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