Credit Scoring

Amidst the coronavirus crisis, many FinTech companies have still been able to raise big rounds. Here are 35 of the successful investment stories that...

UK neobank Virgin Money has decided that suspending nearly 32,000 credit cards amidst a national crisis might not be such a good idea after all.

Estonia-based AskRobin, which helps consumers to compare loans, has reportedly raised $1.7m in funding.

North American credit provider CURO has raised $100m in senior secured revolving credit faculty from Atalaya Capital Management, a private credit and special opportunities alternative investment manager.

Stripe's whooping $600m Series G expansion wasn't the only investment round completed by a FinTech company over the last week.

Credit Kudos, which claims to be a different kind of credit reference agency, has reportedly secured ?5m in its Series A.

Varo Money, the digital banking company, has signed a deal with automated digital credit improvement platform Dovly to make it easier for customers to strengthen their credit score.

The European Securities and Markets Authority (ESMA) has called for evidence on the availability and use of credit rating information and data.

MPower, a startup aiming to improve access to clean energy and bolster financial inclusion, has collected £354,970 in a crowdfunding campaign.

If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.