FCA concerned about credit firms allowing repeat borrowing
From: RegTech Analyst The UK's top financial markets regulator is concerned about credit firms' practices after a review revealed that relending often leave vulnerable customers...
nesto eyes staff, tech expansion following $76m Series B raise
Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.
Digital mortgage platform habito snags ?5.5m
UK-based digital mortgages startups habito has picked up ?5.5m in a Series A round led by Silicon Valley-based VC Ribbit Capital.
World’s first mobility FinTech company Moove secures debt
Moove, which stylises itself as the world’s first mobility FinTech company, has raised £15m in debt funding.
Yongqianbao nabs $67m for micro lending app
Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was co-led by Hong Kong-based private equity firm Golden Brick Capital Management.
Accelerated Payments said to receive €20m in debt to double its own lending capabilities
Invoice financing solution Accelerated Payments has reportedly finalised a €20m debt line, which will more than double its lending capabilities.
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.
ePayLater said to close $2.5m in fresh funding
Buy now, pay later platform ePayLater has reportedly raised around $2.5m in funding to support its growth.
Drip Capital to bolster presence in South Asia and LatAm with $175m capital injection
Drip Capital, a digital cross-border trade finance platform for small and medium sized businesses, has collected $175m in fresh funding.
NatWest lets customers set transfer limits to reduce payment scam damage
NatWest is now allowing customers to establish their own daily digital bank transfer limits to reduce the impact caused by authorised push payment (APP) scams.
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