Tag: Credit risk

Black Friday BNPL risk: 16m Brits unaware of debt dangers

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.

Credit risk FinTech DirectID receives €9m minority investment

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

MAS provides consultation response to credit bureau, reporting regulations

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 closes $1m in its seed round as it hopes to...

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

The EBA releases new details on counterparty credit risk

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 agrees to sell Network division to Computershare

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 secures €53m funding

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

CredoLab closes oversubscribed pre-Series A funding round

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

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