Tag: peer-to-peer P2P
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:...
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office.
Funds to...
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...
French fintech Lydia launches digital banking app Sumeria
Company Overview:French fintech start-up Lydia.
Originally launched in 2013 as a P2P payments app.
Currently serves 8...
Nick Harding steps down as CEO of UK lender Fluro
Nick Harding, the CEO and co-founder of UK consumer lender Fluro, has announced his departure after a decade...
CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by...
Saudi business lending marketplace Lendo gears up for IPO with $28m Series B
Funding Round Success: Lendo, a Saudi-based business lending marketplace, has secured $28 million in a Series B funding...
Eurosystem eyes up alternative payment solutions in latest retail payments strategy update
Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development
Instant payments
Cross-border paymentsObjectives of Retail Payments Strategy...
Block’s Cash App withdraws bid for Irish virtual asset licence
Cash App withdraws VASP license application in Ireland.
The peer-to-peer platform sought a license from Ireland’s central bank...
Aussie SME lender Earlypay acquires Timelio’s $40m loan portfolio and assets
Earlypay acquired Timelio's assets and loan portfolio for approximately $3 million.
Earlypay adds $40 million to its loan...
European Payments Initiative completes acquisitions of iDEAL and Payconiq International
The European Payments Initiative (EPI) has acquired iDEAL, an online payment solution by Dutch payments processor Currence, and...
ICYMI fintech funding round-up: Untangled Finance, Kennek and more
UK-based Untangled Finance:Raised $13.5 million in multi-year strategic funding from Fasanara Capital.
Focuses on tokenizing real-world private credit...