Tag: Consumer/Personal Finance

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Automotive lending platform GoFi taps Provenir for credit risk decisioning

GoFi, a US consumer automotive financing provider, has partnered with London-based risk decisioning software provider Provenir to enhance its credit risk assessment in the...

The FCA’s Consumer Duty clamps down on unfair savings rates

The Financial Conduct Authority (FCA) is taking action against banks and building societies for offering disproportionate interest rate rises to savers. The FCA's 14-point...

Upgrade snaps up BNPL vendor Uplift for $100m

US fintech Upgrade is set to acquire buy now, pay later (BNPL) vendor Uplift for $100 million in a mix of stocks and cash,...

Mercury Financial secures $200m debt facility to expand credit card business

US fintech Mercury Financial has secured a $200 million debt facility from Neuberger Berman to expand its credit card business and serve the middle...

The Republic of Palau taps Ripple for first stablecoin pilot

The Republic of Palau is partnering with Ripple to launch a limited stablecoin pilot, called Palau Stablecoin (PSC), backed by the US dollar on...

South Korea’s Finda bags $37m Series C funding

South Korean fintech Finda, a loan comparison platform, raised $37 million in Series C funding from JB Financial Group and 500 Global, with JB...