United Overseas Bank, Pintec Technology launch new credit assessment AI
United Overseas Bank Limited (UOB) and Pintec Technology Holdings have launched a new joint venture, Avatec.ai.
Juvo to help the unbanked through new partnership with DOCOMO
Juvo will combine its financial identity and credit lending capabilities with DOCOMO Digital’s payment platform as part of new partnership.
Venio launches its credit app in the Philippines
New York-headquartered Venio has begun offering easy-to-access credit facilities to unbanked consumers in the Philippines.
Starling secures lender accreditation for UK Recovery Loan Scheme
Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).
Credit solution platform Cortera raises $10m in its Series B
Cortera, which provides credit data solutions, has raised $10m in its Series B which was led by Hearst Fitch Group Financial Venture Fund.
Robert Bell of 86 400 believes that open banking wont show any effects for...
If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.
Monedo has filed for bankruptcy because of the coronavirus
Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.
Do these 34 FinTech funding rounds suggest Covid-19 influences investment trends?
Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.
Direct Line’s CTO reveals the evolution of insurance
The InsurTech industry might evolve to become more personalised to the individual consumer post-pandemic, according to Direct Line CTO Sarah Greasley.
Chinese credit assessment startup Wecash lands $80m
Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.
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