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Tag: Lending

SavvyMoney Secures $22.5M Investment to Transform Financial Services

FinTech Laura M -
Investment aims to enhance consumer credit accessibility and financial literacy. Highlights: SavvyMoney raises $22.5 million in series B funding.Investment will...

Offa Expands with Acquisition of UK Islamic Home Finance Portfolio

Banking Laura M -
Offa, a UK-based Sharia-compliant fintech specializing in property finance, has acquired the Bank of Ireland’s Alburaq Islamic home...

Modifi Secures $15M and Partners with SMBC to Expand Digital Trade Finance for SMEs in Asia

Banking Laura M -
Berlin-based digital trade finance platform Modifi has raised $15 million in a new funding round led by Sumitomo...

Bumper Acquires AutoBI to Strengthen UK Automotive Payment Platform

Banking Laura M -
Bumper, a UK-based platform specializing in vehicle payment solutions, has acquired AutoBI, a company that provides business intelligence...

FTC Challenges Neobank Dave Over Deceptive Marketing and Hidden Fees

Banking Laura M -
The Federal Trade Commission (FTC) has filed a lawsuit against the neobank Dave, claiming the company misled consumers...

Afin Bank lands AwR banking licence, plots 2025 launch of mortgage offering for UK’s African diaspora

Banking Laura M -
Banking License: Afin Bank has received an Authorized with Restrictions (AwR) banking license from the Prudential Regulation Authority...

Tompkins Community Bank deploys NCR Atleos’ ATM-as-a-Service

Banking Laura M -
Partnership Announcement: Tompkins Community Bank, headquartered in Ithaca, has selected NCR Atleos’ ATM-as-a-Service (ATMaaS) to modernize its self-service...

EquiLend names former ION head Rich Grossi as new CEO

Banking Laura M -
New CEO Appointment: EquiLend, a securities lending platform, has appointed Rich Grossi as CEO. Growth Focus: Grossi’s role...

ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt

Banking Laura M -
Authologic Raises $8.2 Million in Series A Location: Poland Funding: $8.2 million Series A Led by: OpenOcean, with support...

UK government looks to strengthen BNPL protections with launch of latest consultation

Banking Laura M -
The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under...

Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal

Banking Laura M -
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of...

Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining

Banking Laura M -
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and...

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CME Group Faces Extended Outage Impacting Trading Operations

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A deep dive into the hours-long disruption faced by...

Vodacom M-Pesa Expands Cross-Border Payment Options in Tanzania

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New features enable seamless international transactions for users. Highlights: Vodacom...

EU Regulator Criticizes Commission for Rushing Sustainable Transparency Proposal

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Striking a balance between sustainability initiatives and regulatory precision. Highlights:...

New EU Payment Services Regulation: Key Changes and Impacts

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Understanding the recently agreed changes in EU payment regulations. Highlights:...

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