November 30, 2023 @ 3:57 pm By Omar Faridi  |  

From Black Friday through Cyber Monday (BFCM), Stripe processed more than 300 million transactions with “a total payment volume of more than $18.6 billion.” It was reportedly the “largest ever” four-day period on Stripe. A Stripe public microsite “tracked these and a dozen other BFCM… Read More

 Tagged financial infrastructure, payments, payments processing, stripe

November 30, 2023 @ 11:35 am By Omar Faridi  |  

eToro, the trading and investing platform, is today announcing its next step in the ongoing diversification of its offerings with the launch of an interest on cash feature. Accessible via eToro Options, interest on cash offers account holders 4.9% APR on cash balances within eligible… Read More

 Tagged etoro, investing, investment platforms, online investing

November 30, 2023 @ 10:38 am By JD Alois  |  

A report this week appears to indicate that Apple (NASDAQ:AAPL) is working with a Fintech in Brazil – perhaps to bring Apple Fintech services to life in the South American country and maybe elsewhere in the region. Braxil has emerged as a hot country for… Read More

 Tagged apple, apple card, brazil, pismo, visa

November 30, 2023 @ 9:23 am By JD Alois  |  

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

 Tagged lendinvest, rod lockhart, securitization, uk, united kingdom

November 30, 2023 @ 8:51 am By Omar Faridi  |  

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

 Tagged business confidence, europe, lloyds banking, survey, uk, united kingdom

November 30, 2023 @ 8:45 am By Omar Faridi  |  

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

 Tagged aldermore bank, cloud banking, europe, mambu, retail bank, specialist lender, uk, united kindom

November 29, 2023 @ 11:49 pm By Omar Faridi  |  

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

 Tagged andreas wolf, europe, germany, poland, raisin, tamaz georgadze

November 29, 2023 @ 8:58 pm By Omar Faridi  |  

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

 Tagged cubicasa, digital technology, jeff allen, onekey mls, real estate, richard haggerty

November 29, 2023 @ 4:25 pm By Omar Faridi  |  

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

 Tagged 10 banking, alan walsh, frederico venturieri, trade ledger

November 29, 2023 @ 1:12 pm By Omar Faridi  |  

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

 Tagged consumer spending, lendingclub, survey, united states, us