LendingTree acquires credit repair platform Ovation Credit

Online loan marketplace LendingTree has agreed to acquire Ovation Credit Services, a credit repair platform.

Joust looks to raise up to $700,000 in its crowdfunding campaign

Australia-based Joust, which connects home loan customers with lenders, has launched a crowdfunding campaign with a $700,000 goal.

SMB lending platform PRIS Capital bags $10m credit facility

SMB lending platform PRIS Capital has raised $10m in credit financing to support its accelerated growth.

HSBC, Avant partner to launch digital lending solution

HSBC Bank is looking to launch a digital lending solution through the support of Avant’s Amount solution.

FCA outlines new rules for the buy now, pay later market

The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...

Fund That Flip secures $11m in new investment from Edison Partners

New York-based Fund That Flip is a marketplace lender for residential real estate loans. It has announced a deal that will see equity firm Edison Partners invest $11m into the company.

Challenger bank-hopeful Zopa rumoured to have bagged eleventh hour £130m investment

Zopa might have secured a last-minute capital injection needed to ensure the peer-to-peer lender can become a challenger bank.

FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...

The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.

Starling Bank CEO responds to Bounce Back Loan criticism from rejected would-be loan takers

Several small business owners have criticised Starling Bank for its handling of the governmental coronavirus relief loans scheme and now the challenger bank founder has responded to the criticism.

Customers left “gutted” and in tears after neobank Tide halts Bounce Back Loans to...

UK challenger bank Tide has frozen the issuing of Bounce Back Loans for small businesses after its funding efforts fell through, leaving customers crestfallen and in tears.

News Stories

sustainability

From TCFD to ISSB: Unravelling the complexities of sustainability standards in FinTech

Sustainability reporting can often be complex.In a recent post by Position Green, the firm attempted to simplify the understanding of it. 
Galvanick

Industrial cyber defence platform Galvanick secures $10m seed round

Galvanick, a solution renowned for protecting industrial infrastructure from cyber threats, has reached a financial milestone in its journey.
top-two-deals-lions-share-fintech-funding

Top two deals make up lion’s share of FinTech funding this week

Two large deals of $296 and $93m respectively stole the show in this weeks FinTech funding round up. 
risk

What are the governance, risk and compliance trends to watch?

In a recent post by RegTech firm ViClarity, the company outlined some of the key governance, risk and compliance trends to watch.
Red Flag

Foresight and Uncapped fuel Red Flag Alert’s growth with £4.5m boost

Red Flag Alert, a credit risk data and risk intelligence firm based in Manchester, has bagged £4.5m in funding.

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