Tag: Lending

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Cynergy Bank lands £20m funding from British Business Investments

UK-based Cynergy Bank secures a £20 million Tier 2 capital facility from British Business Investments to accelerate its growth plans. FactsCynergy Bank has secured...

ICYMI fintech funding round-up: Communion, CityPay & more

Weekly funding round-up featuring notable fintech funding announcements. FactsCommunion, a new savings app founded by Daniel Hegarty, raised £2.5 million in pre-seed funding. Investors...

Better.com gears up to go public through SPAC merger

New York-based digital mortgage lender Better.com is set to go public through an IPO by merging with SPAC Aurora Acquisition Corp, securing up to...

Discover Financial Services’ long-serving CEO and president Roger Hochschild steps down

Roger Hochschild steps down as President and CEO of Discover Financial Services, with John Owen appointed as interim CEO while a permanent replacement is...

UK fintech start-up Fronted closes down

London-based fintech start-up Fronted, which provided credit to renters for house deposits, has closed down due to increased capital costs affecting the affordability of...

Torpago confirms two new senior hires following “significant growth”

US financial services platform Torpago experiences significant growth and makes two key appointments to strengthen core capabilities and address market changes. FactsTorpago, a San...