Other Lending

Homeward raises $450m to scale tech-enabled home financing

Homeward raises $450m to scale tech-enabled home financing

Homeward, the Austin-based PropTech and FinTech company specialising in cash-backed home financing, has raised $120m in Series D equity alongside $330m in asset-backed debt...
Elio Mortgage raises $5.1m to rebuild lending with AI

Elio Mortgage raises $5.1m to rebuild lending with AI

Elio Mortgage, a New York-based mortgage company using artificial intelligence across the home loan process, has emerged from stealth with $5.1m in pre-seed funding...
GB Bank bets on nCino to build a faster digital lending operation

GB Bank bets on nCino to build a faster digital lending operation

GB Bank, a specialist lender pursuing rapid growth, has launched nCino Mortgage Lending across its Buy-To-Let and Bridging operations. The bank is betting that...
erad secures $22m Series A to power GCC SME financing

erad secures $22m Series A to power GCC SME financing

erad, a Riyadh-based alternative financing provider for small and medium-sized enterprises, has closed a $22m (SAR 78.75m) Series A round. It plans to use...
GenWay taps Tavant's AI to cut mortgage cycle times

GenWay taps Tavant’s AI to cut mortgage cycle times

GenWay Home Mortgage, a US wholesale and correspondent lender specialising in non-Qualified Mortgage and government-backed lending, has gone live with Tavant's AI-powered agentic automation...
Nivo unveils new site with AI pricing for brokers

Nivo unveils new site with AI pricing for brokers

Nivo, a financial technology company that builds AI-powered assistants for mortgage brokers, has relaunched its website so firms can weigh up the potential time...
Mbanq secures first institutional backing for $100m note programme

Mbanq lands first institutional backing for $100m note

Mbanq, a US-based banking infrastructure and embedded finance provider, has secured the first institutional investment into its $100m loan participation note programme, with a...
nCino wins Cornerstone First Mortgage as POS customer

nCino wins Cornerstone First Mortgage as POS customer

Cornerstone First Mortgage, a San Diego-headquartered full-service mortgage bank, has moved to nCino's Mortgage Point of Sale as it looks to improve the experience...

Nebex raises $30m seed investment for the space economy

Nebex, a market infrastructure platform for the global space economy, has raised $30m in seed funding led by Google Ventures (GV), as well as establishing a...
Offa partners with Knowledge Bank to boost broker reach

Offa partners with Knowledge Bank to boost broker reach

Offa, an award-winning British Islamic property finance FinTech firm, has announced a partnership with Knowledge Bank, a multi-award-winning property finance criteria search system built...

News Stories

FinCEN clarifies use of mobile driver’s licences in bank onboarding

FinCEN clarifies use of mobile driver’s licences in bank onboarding

US banks and credit unions can now use qualifying mobile driver’s licences (mDLs) to verify new customers under clarified federal guidance, but integrating the...
Can water technology give insurers a better way to manage property risk?

Quensus bets on prevention data to tackle costly water claims

Escape-of-water claims remain a major cost for UK property insurers, prompting greater scrutiny of technologies that can detect leaks, automatically stop water flow and...
When compliance instincts cost you money at home

When compliance instincts cost you money at home

Years spent hunting for red flags can rewire the way compliance professionals see the world. Unusual transactions, oddly phrased emails and businesses that never...
Pliant secures FCA licence to expand UK B2B payments business

Pliant secures FCA licence to expand UK B2B payments business

Pliant, a Berlin-based provider of business-to-business (B2B) payment technology, has secured Financial Conduct Authority (FCA) authorisation for its UK subsidiary to operate as an...
One Mortgage System integrates property valuation technology into lending workflows

One Mortgage System integrates property valuation technology into lending workflows

One Mortgage System (OMS), a provider of CRM and loan origination software for intermediaries and lenders, has embedded Rightmove’s automated valuation model (AVM) within...

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