February 16, 2024 @ 2:17 pm By Omar Faridi  |  

2023 was a challenging year for the fintech market, with total global fintech investment dropping from US$196.6 billion across 7,515 deals in 2022 to a six-year low of US$113.7 billion across 4,547 deals in 2023 according to the Pulse of Fintech H2’23—a bi-annual report published… Read More

 Tagged dan teper, fintech adoption, Fintech funding, fintech trends, insights, kpmg, research

February 16, 2024 @ 2:15 pm By Omar Faridi  |  

Better Home & Finance Holding Company (NASDAQ: BETR), a digital homeownership company, launches Better Mortgage VA Loans, which is described as a fully digital VA loan program available to eligible US Veterans, service members, National Guard and Reserve members, and in some cases Veterans spouses… Read More

 Tagged better, better home and finance holding, better mortgage, better.com, digital homeownership, va loans, vishal garg

February 16, 2024 @ 12:54 pm By Omar Faridi  |  

Paystand, the blockchain-enabled commercial payments platform, announces the launch of Paystand.org. Paystand.org is the corporate social responsibility (CSR) arm of the financial technology company. The organization will harness the power of “the blockchain and emerging bitcoin circular economies to create financial opportunities within vulnerable and… Read More

 Tagged bitcoin, blockchain adoption, Crypto Transactions, donations, Jeremy Almond, paystand, paystand.org

February 16, 2024 @ 12:05 pm By JD Alois  |  

Crédit Agricole Consumer Finance has announced the acquisition of Pledg, a provider of buy now pay later (BNPL) services. Terms of the deal were not revealed. Pledg was founded in 2016 aiming to serve companies operating in B2C/B2B and financial institutions wishing to launch their own… Read More

 Tagged bnpl, credit agricole, france, franck oniga, nicolas pelleteir, pledg

February 16, 2024 @ 10:58 am By JD Alois  |  

Online lending platform LendInvest says it will now offer 90% LTV two-year fixed mortgages for first-time home buyers. LendInvest’s Residential Mortgages are said to have stretched LTIs up to 6.49x, to support homebuyers to borrow enough for their first home. Paula Mercer, Head of Sales… Read More

 Tagged lendinvest, mortgages, paula mercer, uk, united kingdom

February 16, 2024 @ 10:37 am By Omar Faridi  |  

More employees than ever — nearly 9 out of 10 — are feeling stressed about their finances, with almost half saying they’re just getting by. Despite budgets for salary increases reaching a 22-year high in 2023, 48% of workers are worried they “don’t have enough… Read More

 Tagged insights, research, savings, sofi, sofi at work, survey, united states, us, workers benefits

February 16, 2024 @ 6:07 am By Omar Faridi  |  

OakNorth, the digital bank for entrepreneurs, by entrepreneurs, has provided a £2.5m loan to SES, the manufacturer of power distribution products for the entertainment industry, to support the creation of its employee ownership scheme. Founded in 1994 by brothers Mark and Gordon Cooper, and headquartered… Read More

 Tagged digital banking, europe, lending, loans, mark cooper, martin williams, oaknorth, oaknorth bank, uk, united kingdom

February 15, 2024 @ 10:16 pm By Omar Faridi  |  

Admiral, a financial services company in the UK and part of the Admiral Group, has selected Google Cloud as a strategic cloud partner. Under the terms of the agreement, Admiral’s core insurance operations, “including insurance policy administration and digital systems, will now be powered by… Read More

 Tagged admiral, admiral group, alan patefield-smith, cloud, google, google cloud, helen kelisky, uk, united kingdom

February 15, 2024 @ 10:14 pm By Omar Faridi  |  

Attune Solutions announced its launch of Attune WealthData, powered by BridgeFT – Financial Services Integration on Salesforce AppExchange, an enterprise marketplace for partner apps and experts, empowering customers with a pre-built accelerator that automatically connects multi-custodial data aggregation as part of Salesforce’s Financial Services Cloud… Read More

 Tagged attune, attune solutions, bridgeft, salesforce appexchange

February 15, 2024 @ 10:12 pm By Omar Faridi  |  

Bold, a financial technology company enabling access to electronic payments in Colombia, today announced that it has raised $50 million in Series C funding led “by existing investor General Atlantic, a global growth investor, with participation from the International Finance Corporation (IFC), a member of… Read More

 Tagged bold, colombia, funding round, José Vélez, latam, latin america, Luiz Ribeiro