European Online Lender October has Now Closed Financing for its 100th Spanish Company

October, a leading European online lender, notes that it was launched after the global financial crisis of 2008-2009 with the goal of providing more financing options or alternatives to European SMEs. The October team wrote in a blog post published on July 1, 2020: “We… Read More

Revolut’s Standard, Premium & Metal Customers Now Has Access to Silver Through Mobile App

  Digital bank Revolut announced earlier this week its standard, Premium and Metal customers may now have access Silver through the Revolut app. According to Revolut, Silver and Gold are now available through the Revolut app in the Commodities tab in the Wealth section of… Read More

India based Online Lenders U GRO Capital, SOLV, Instamojo, Sanjeevani Platform Continue to Issue Loans to SMEs during COVID-19

The Indian government has been asking local banks to work cooperatively with SMEs by providing much-needed liquidity during the COVID-19 crisis. Several local digital lenders and non-bank finance companies (NBFCs) will be offering credit solutions to Indian businesses. U GRO Capital, a Bombay Stock Exchange… Read More

Indonesian Fintech JULO, which Supports P2P Lending, Introduces Programs to Help Businesses During COVID-19

The COVID-19 outbreak has had a negative impact on the economies of countries throughout the world including Asian nations such as Indonesia. PT JULO Teknologi Finansial (JULO), an Indonesian Fintech firm that supports peer to peer (P2P) lending, has introduced several programs that aim to… Read More

Digital Onboarding: Bank Negara, Malaysia’s Central Bank, Releases Updated e-KYC Policy Document, Effective Immediately

Bank Negara Malaysia, the nation’s central bank, released a policy document on July 1, 2020, that covers electronic or digital know-your-customer (e-KYC) requirements. The document is an update to the reserve bank’s earlier exposure draft from December 2019. The new policy went into effect immediately… Read More

Razer Fintech in Malaysia Introduces #RazerForLife Program to Support Local Businesses During COVID-19

Razer Fintech, the Fintech division of Razer (a multinational financial service provider), has introduced #RazerForLife, an initiative that aims to support local Malaysian businesses. Global capital markets have been negatively affected by the COVID-19 outbreak. SMEs across the globe are struggling to maintain operations as… Read More

Naveen Surya, Chairman at Fintech Convergence Council, Wants Indian Businesses to Identify Key Opportunities and Challenges Created Due to COVID-19

Naveen Surya, Chairman, Fintech Convergence Council & Chairman Emeritus, Payments Council of India, has noted that it’s important to understand the key challenges and opportunities created by the global COVID-19 outbreak. Surya added that we must identify opportunities across the Banking, Financial Services, and Insurance… Read More

Akulaku Is Reportedly Set to Launch Digital Banking Services in Q4 2020 in Asia

Fintech firm Akulaku confirmed recently that it’s planning to offer digital banking services in Southeast Asia. The company was launched around four years ago and is now focused on expanding its operation into the digital banking sector. As reported in November 2018, Akulaku, a leading… Read More

China’s Fintech Sector Could be “Instrumental” in Helping SMEs with Acquiring Reliable Credit, IMF Official Says

An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The representative added that reliable loans and funding will play a key part in helping businesses get through the COVID-19 outbreak and resulting… Read More

U.S. Fintech Saas Company HighRadius Continues European Expansion with Opening of New Frankfurt, Germany Office

HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Thursday it has continued its European expansion efforts by opening its new Frankfurt, Germany office. Founded in 2006, HighRadius claims its HighRadius Integrated Receivables platform optimizes cash flow through automation of… Read More

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