How LendTechs are transforming loan access for SMEs

Cross-border payments platform Currencycloud recently examined how embedded finance could transform the loan accessing process for SMEs.

FOLK2FOLK bags ?7m to support UK SMEs

FOLK2FOLK, a peer-to-peer (P2P) lender for rural and regional small businesses, has collected ?7m from British Business Investments.

Lenderwize said to bag €100m in debt funding

Lenderwize, an invoice platform for digital commodities, has reportedly raised €100m in a new debt funding round.

SoLo Funds said to collect $10m to support growth of its community lending service

P2P lending platform SoLo Funds has reportedly collected $10m to support the expansion of its presence in the US.

Open banking-powered lender Koyo inks Series A round to help people with poor credit...

Koyo has closed a Series A funding round of $50m in debt and equity led by Force Over Mass with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp.

Financial comparison super app Jeff banks $1.5m seed extension for SEA expansion

Latvia-based FinTech startup Jeff, which currently only has operations in Vietnam, has raised $1.5m in a seed round extension led by J12 Ventures.

Challenger bank lending continues to climb with 11% uptick in 2020

Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.

InsurTech startup Quotall exceeds crowdfunding target

InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.

London-based Tembo Money raises £2.5m to help first-time property buyers increase their deposits

Tembo Money, a London-based FinTech, closed £ 2.5m in funding led by Aviva after its official launch in June 2021.

FinTechs use market alliances to offer leading savings products, research finds

Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.

News Stories

InsurTechs pull in strong funding in this week’s 32 funding rounds

InsurTechs pull in strong funding in this week’s 32 funding rounds

This week proved to be a red-letter week for InsurTechs, with two of the top three deals going to companies in the insurance space.
PIMFA advocates for a refresh of the UK's retail investment market

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.
BNY Mellon and MoCaFi join forces to bolster financial inclusion in the US

BNY Mellon and MoCaFi join forces to bolster financial inclusion in the US

BNY Mellon, America's oldest bank with a rich history dating back to 1784, and MoCaFi, an impactful FinTech platform established to empower traditionally underserved communities, have forged a strategic alliance aimed at enhancing financial inclusivity across the U.S.
Revolutionising DeFi access MetaMask Institutional and Fireblocks' integration

Revolutionising DeFi access: MetaMask Institutional and Fireblocks’ integration”

MetaMask Institutional, a branch of ConsenSys and a leading force in web3 wallet services for organisations, is integrating with Fireblocks, a trusted platform for enterprise-grade wallet security and transaction governance.
American Express and Plaid initiate customer-focused digital banking upgrade

American Express and Plaid initiate customer-focused digital banking upgrade

New York-based financial services corporation, American Express, and data network firm, Plaid, have announced a customer-permissioned data sharing agreement set to enhance digital finance options.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2022 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week