Credit Scoring

KPMG buys minority stake in AdviceRobo

KPMG has picked up a minority stake in Netherlands-based robo-advisor solution developer AdviceRobo.

Monzo founder says the “positive effect of open banking on innovation has been nil”

When open banking was first introduced, it was suggested that it would enable both big banks and smaller firms to innovate. However, the founder...

How can RegTech companies ensure their use of AI is done in an ethical...

Many RegTech ventures use artificial intelligence, but when they do it is essential that they do so in an ethical way.

MAS provides consultation response to credit bureau, reporting regulations

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.
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Quint Group secures £10m for refinancing

Quint Group has secured £10m from Manchester-based Tosca Debt Capital to fund its recapitalisation. Quint Group operates a number of FinTech properties including MoneyGuru.com.

Esusu bags $1.6m in seed to support expansion of product and partnerships

Esusu, a platform helping individuals save money and build credit, has bagged $1.6m in its seed round.

Credit Mantri said to raise around $8m in new funding round

India-based Credit Mantri has reportedly collected INR 6 crore ($800,000) from IDG Ventures, Elevar Equity and Accion.

The FCA confirms updated guidelines to support credit customers through the pandemic

A City watchdog has confirmed that it has updated the guidance to support and protect vulnerable customers during the coronavirus crisis.

Deserve seeks credit card stack modernisation with $50m Series D

Credit card company Deserve has secured $50m in a Series D funding round led by Mission Holdings, Mastercard and Ally Ventures.
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United Overseas Bank, Pintec Technology launch new credit assessment AI

United Overseas Bank Limited (UOB) and Pintec Technology Holdings have launched a new joint venture, Avatec.ai.

News Stories

This week's overall FinTech funding surpassed $1bn as the sector continued its forward momentum.

FinTech funding surpasses $1bn on strong week for the sector

This week's overall FinTech funding surpassed $1bn as the sector continued its forward momentum. Overall, 21 deals took place over the past seven days, with...
Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments

Intelligent AI and BCIS launch AI-driven platform to revolutionise property rebuild cost assessments

Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), a renowned entity with over six decades of expertise in compiling and analysing construction costs.
Lakeside Bank partners with Volante Technologies to revolutionise real-time payments

Lakeside Bank partners with Volante Technologies to revolutionise real-time payments

Lakeside Bank and Volante Technologies have embarked on a strategic partnership aimed at transforming Lakeside's payment processing capabilities.
Relyance AI's $32m funding boost aims to revolutionize AI data governance in enterprises

Relyance AI’s $32m funding boost aims to revolutionize AI data governance in enterprises

Relyance AI, a leader in AI-powered data governance, announced a significant $32.1m Series B funding round led by Thomvest Ventures, with substantial contributions from M12, Microsoft Ventures Fund.
AI-driven Numeric raises $28m to enhance real-time accounting solutions

AI-driven Numeric raises $28m to enhance real-time accounting solutions

Numeric, an innovative AI accounting automation platform headquartered in San Francisco and New York, has successfully closed a $28m Series A funding round.

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