LendInvest Reports Largest Securitization Ever at £410 Million of Loans

LendInvest (LSE:LINV) says it has completed its largest securitization ever at £410 million of mortgage loans (Mortimer BTL 2023-1). This is the fifth securitization completed by the Fintech for BTL (Buy to Let) mortgage loans. LendInvest is a short-term loan originator that has done well… Read More

UK Business Confidence Increases to Highest Level Since Early 2022 – Report

Business confidence in the United Kingdom reportedly rose “to 42% in November, a three-point increase, to reach the highest level since February 2022, before the energy crisis which followed the outbreak of the war in Ukraine.” The rise in business confidence in the UK is… Read More

Cloud Banking Fintech Mambu Teams Up with UK’s Specialist Lender Aldermore Bank

Mambu, a cloud banking platform, and Aldermore Bank, a UK retail bank and specialist lender, have entered a strategic partnership. Aldermore Bank explains that it “provides financing for homeowners, landlords, and business owners, as well as award-winning savings accounts and motor finance.” The partnership with… Read More

Global Fintech Raisin Introduces Platform in Poland

Raisin has announced the launch of its deposits platform in Poland. The platform is designed to bridge the gap between Polish savers and “a network of European banks, utilizing Raisin’s proprietary cross-border savings technology and online marketplace.” Raisin simplifies access to diverse deposit products “across… Read More

Real Estate Software Firm CubiCasa Teams Up with OneKey MLS, which Serves New York Metropolitan Area

CubiCasa, a global real estate software company, announced its partnership with OneKey MLS, a major MLS serving the New York Metropolitan area and ranking among the largest MLS organizations in the United States. The partnership with OneKey MLS underscores CubiCasa’s commitment “to making digital floor… Read More

B2B Lendtech Trade Ledger and 10x Banking to Provide Alternative Lenders a Composable Banking Solution

B2B LendTech platform Trade Ledger and 10x Banking, the transformational cloud-native SaaS core banking platform, have partnered “to offer banks and alternative lenders a modern, composable banking proposition that helps banks provide working capital to small to mid-sized enterprises.” This new partnership expands 10x’s commercial… Read More

Majority of US Consumers Living Paycheck to Paycheck, Yet Still Plan to Continue Spending – LendingClub Report

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the Reality Check: Paycheck-To-Paycheck research series. The Holiday Shopping Deep Dive Edition examines “the financial lifestyles and spending choices of U.S. consumers going into the 2023 holiday… Read More

Digital Bank N26 to Offer Stock Investments by Partnering with Upvest

Digital bank N26 says it will offer stock and ETF investments in App by partnering with Upvest. Upvest offers an Investment API that is available to financial services firms to access capital market investment and retirement planning. Upvest will be providing the licenses necessary for… Read More

UK Fintech Dojo Expands Into Ireland

Dojo has received approval to operate with an e-money license (EMI) from the Central Bank of Ireland, according to a statement issued by the company. Dojo offers a multi-cloud-native payments platforms to provide in-person and digital payments solutions alongside features like revenue-based funding and booking… Read More

DTCC Reports Over 10,000 Funds for its Alternative Investment Product Services

DTCC is reporting that its Alternative Investment Product Services (AIP) has now topped 10,000 unique funds. This is an increase of around 20% when compared to last year. Simultaneously, users of the product have increased by 28% to 2200 clients. DTCC provides post-trade market infrastructure… Read More

Send this to a friend