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Tag: Lending

Apple partners Santander’s Zinia for BNPL financing services in Germany

Apple Partners with Santander’s Zinia for Payment Solutions in Germany Key Highlights:Partnership Details:Apple collaborates with Santander’s digital consumer...

Pipe secures new $100m credit facility from Victory Park Capital

Pipe Secures $100 Million Credit Facility from Victory Park Capital Key Highlights:Funding Details:Amount: $100 million credit facility Potential...

Dutch lender BridgeFund taps Mambu for core banking upgrade

BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:...

Student lending start-up Scolaris Finance taps Sopra Banking Software for core platform

Scolaris Finance Partners with Sopra Banking Software for SBP Core Amplitude:Partnership Announcement:Scolaris Finance, a student-focused fintech in...

New digital-only bridging lender Morpheus launches in the UK

Morpheus Digital-Only Bridging Lender Launches in the UK:Founders:Co-founded by Matt Mawdesley (former head of strategy at Together)...

Climate fintech start-up Cloover secures $114m in seed funding round

Company: Cloover, a Berlin-based climate fintech. Funding: Raised $114 million in seed funding (combination of debt and equity). ...

OUCU Financial Credit Union to migrate to Tyfone’s nFinia digital banking platform

OUCU Financial Credit Union Migrates to Tyfone’s nFinia Platform:Credit Union Overview:Name: OUCU Financial Credit Union Location: Ohio,...

CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds

Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB). Decision: Designates buy now, pay later (BNPL) firms as...

UK challenger GB Bank lands £85m investment

GB Bank Secures £85 Million Investment: Key PointsInvestment Details:Total Investment: £85 million. Investors:Hera Holdings: £40 million initially,...

UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries

Overview:Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser...

US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”

Overview:Entity Involved: US Consumer Financial Protection Bureau (CFPB). Target: SoLo Funds, a peer-to-peer (P2P) lending platform. Allegation: Deceiving...

Avidbank partners Corserv to launch commercial credit card programme

Avidbank in the USA partners with Corserv to launch a new credit card offering for commercial clients....