Tag: Credit risk

Updraft, a prominent UK-based consumer lending FinTech, has raised a substantial £272m.

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.

UK-based DirectID, which offers credit risk, risk analytics and predictive modelling services, has received a €9m minority investment from Ingka Investments.

The Monetary Authority of Singapore (MAS) has issued a consultation response on draft regulations and notices relevant to licensed credit bureaus under the Credit Bureau Act 2016.

Teller, a blockchain infrastructure for distributed lending, has secured $1m in its seed round, which was led by Framework Ventures.

The European Banking Authority (EBA) has outlined the method for identifying the material risk drivers of derivative transactions based on which the mapping to one or more of the risk categories is to be done.

LenderLive Holdings has entered an agreement to sell its LenderLive Network division to Computershare Loan Services, a mortgage servicing solution.

Credit risk management platform Tinubu Square has secured a €53m round of funding from Long Arc Capital and Bpifrance.

Credit risk management platform CredoLab has closed its oversubscribed pre-Series A funding round on double its initial target.