Black Friday BNPL risk: 16m Brits unaware of debt dangers
Ahead of the bustling Black Friday sales, a concerning revelation has emerged from Creditspring's recent study. An astonishing 16 million people in the UK are still oblivious to the fact that using 'Buy Now Pay Later' (BNPL) services can lead to significant debt.
Neyber bags ?115m in new financing round
UK-based personal finance platform Neyber has reportedly picked up ?115m in its latest funding round.
FCA expects firms to freeze payments and to follow other financial relief measures to...
Last week the UK’s financial market regulator suggested a smattering of relief measures to protect people affected by the coronavirus. Now those measures have snapped into action.
Prodigy Finance raises $750m as it targets growth in China, Singapore and South Korea
Prodigy Finance, which helps students access international student loans, has reportedly collected $750m in a funding round.
Myos said to raise €25m in funding as it eyes move into the UK
Germany-based Myos has reportedly secured €25m in funding to support its expansion into the UK.
Starling bank becomes second challenger bank to raise overdraft fees for people with bad...
Hot on the heels of Monzo, Starling Bank has changed its overdraft fee rules on the back of a Financial Conduct Authority (FCA) decision.
Scout24 acquires all the shares in FINANZCHECK.de for €285m
Scout24, a digital marketplaces operator, has acquired the entire shares of FINANZCHECK.de for €285m on a cash-free and debt-free basis.
Finova Financial bags strategic investment from Polymath to support upcoming token offering
Finova Financial, an online lending platform, has bagged a strategic investment from Polymath, for an undisclosed amount.
Brace looks to build new software after funding round
Brace, a digital mortgage-service platform, has secured $10m in its Series A which will help it launch new software services for the lending space.
Addi takes digital commerce by storm in Latin America
Colombia-based Buy Now, Pay Later (BNPL) FinTech Addi has raised $200m of debt and equity financing to power its Latin America expansion plans, a report by FinTech Futures has revealed.
© FinTech Global © Copyright 2024. All rights reserved.
