Tag: Consumer Lending
Summerland Bank and nCino join forces for digital loan origination revolution
Summerland Bank, a customer-owned regional mutual bank headquartered in Lismore, Australia, is set to revolutionise its digital banking services through a strategic partnership with nCino, a global leader in cloud banking solutions.
European FinTech companies raise over $100bn in 2019-2023
European FinTechs raised a combined $104.8bn between January 2019 and December 2023. The UK accounted for nearly half of the funding with $48.4bn raised...
i80 Group leads $150m financing round for FinTech leader ID Finance
ID Finance, a leading FinTech based in Spain and Mexico, has recently concluded a significant financial milestone by securing $150m in debt financing.
This round...
UK FinTech investment more than halves in 2023
Key UK FinTech investment stats in 2023:
• UK FinTech companies raised a combined $4,190m in 2023, a 59% drop from 2022
• UK FinTech deal...
UK’s Updraft raises £272m to transform credit management for households
Updraft, a prominent UK-based consumer lending FinTech, has raised a substantial £272m.
As credit becomes more expensive UK Lending Technology deals drop 57%...
Key UK Lending Technology stats from Q1-Q3 2023
• UK Lending Technology deal activity reached 34 transactions during the first nine months of 2023, a...
ID Finance secures landmark €12m credit line to boost Spain’s consumer...
ID Finance, a prominent FinTech company, has achieved a significant milestone by securing a €12m credit line from a listed bank.
Westlake Financial streamlines its auto refunds with Onbe
Onbe has launched a digital-first consumer refund program that is set to bolster finance giant, Westlake Financial's current solution.
Consumer lending solution INSIKT nets $50m
Consumer lending platform INSIKT has netted $50m in Series D funding, which was led by Grupo Coppel.
Riga-based lender Creamfinance lands €21m
Riga, Latvia-based consumer lending startup Creamfinance has raised €21m in new funding. The Series B round comes from Capitec Bank.