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UK lender Abound secures £800m in mix of equity and debt financing
Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity and debt financing, potentially extending...
Banking
Former Bank of America MD Mieko Shibata named new R&T Deposit Solutions CIO
R&T Deposit Solutions, a US-based provider of cash management and deposit placement programs, has named Mieko Shibata as its new Executive Vice...
Banking
Digital challenger GoTyme Bank acquires salary lender fintech SAVii
Acquisition Announcement: GoTyme Bank, a Filipino digital challenger, has acquired Manila-based lendtech SAVii to enhance its expansion into payroll-enabled financial products.
SAVii Overview:...
Banking
Iwoca lands £270m debt funding package from Citibank and Barclays
UK-based SME lender Iwoca has secured a debt funding package totaling £270 million to address the increasing demand for finance from small businesses.
...
Banking
FINRA fines SoFi $1.1m after consumer identification flaws led to multi-million dollar heist
Fine Imposed on SoFi by FINRA: SoFi, an online lending platform, has been fined $1.1 million by the Financial Industry Regulatory Authority (FINRA)...
Banking
Mambu to power Canada’s Brunswick Credit Union amid MV Solar UK launch
Brunswick Credit Union Transition: Brunswick Credit Union is transitioning to the Mambu cloud banking platform ahead of the end of life of its...
Banking
Nottingham Building Society taps Nova Credit to expand mortgage range
Partnership Overview: Nottingham Building Society, also known as The Nottingham, has partnered with California-based credit infrastructure and analytics firm Nova Credit.
Objective: The...
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