Tag: Lending
Upstart Applies for Bank Charter, Strengthening AI Lending Marketplace
The AI-driven lending platform seeks to expand operations with formal banking status.Highlights: Upstart has filed for a bank charter with regulators.The move aims to...
Australian Digital Lender In1Bank Shuts Down, Impacting Customers
In1Bank's closure leaves customers seeking alternatives as the fintech landscape evolves.Highlights: In1Bank ceases operations, affecting numerous customers.Fintech landscape in Australia faces significant changes.Existing customers...
Mastercard Leverages Data to Enhance Credit Decision-Making for Lenders
Discover how Mastercard's data-driven solutions reshape lending processes.Highlights: Mastercard utilizes extensive data analytics for credit decisions.Lenders can now assess creditworthiness with greater accuracy.Data-driven insights...
SavvyMoney Secures $22.5M Investment to Transform Financial Services
Investment aims to enhance consumer credit accessibility and financial literacy.Highlights: SavvyMoney raises $22.5 million in series B funding.Investment will enhance consumer credit access and...
Offa Expands with Acquisition of UK Islamic Home Finance Portfolio
Offa, a UK-based Sharia-compliant fintech specializing in property finance, has acquired the Bank of Ireland’s Alburaq Islamic home finance portfolio, which includes over...
Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia
Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo Mitsui Banking Corporation (SMBC) and...