BankingBusiness

Fronted: Launches on Yobota’s core banking platform

  • Rental deposit fintech Fronted launched this month, becoming the second company  powered by Yobota’s core banking platform
  • Yobota built a fast, flexible, cloud-native core banking platform that allows clients to create and run innovative financial products
  • Fronted aiming to help renters afford deposits when signing new tenancy agreements
  • The startup does this by offering a fixed 12.5% loan to cover the deposit, with renters able to spread the cost across up to 12 months
  • Fronted founded by Jamie Campbell, Simon Vans-Colina and Anthony Mann
  • The Yobota Platform already powers multiple brands for Chetwood Financial, one of the UK’s challenger banks
Previous article
VibePay: Combines AISP and PSIP on mobile app
Next article
Zelros: Closes $11M Series A Financing
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...
FinTech

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...
FinTech

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...
FinTech

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...