Eltropy has announced the acquisition of Lexop. Terms of the deal were not immediately available. Eltropy is a unified conversation platform for financial services firms. It currently serves over 650 community banks and credit unions in the US. Lexop is a technology provider for collections…. Read More
Read more in: Fintech | Tagged collections, eltropy, Lexop
Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, announced a new partnership and technology integration with Maxyfi, a provider of collections and accounts receivables management software for lenders, collection agencies, and law firms. The collaboration enables Maxyfi clients to “offer flexible payment… Read More
Read more in: Fintech | Tagged ashraf ali, collections, jake moore, maxyfi, payments, repay
Despite small decreases, there was still a large number of investments and loans originated in May 2023, according to an update from European investment platform Bondora. Both were in the €19 million ballpark, which is still “some of the highest monthly amounts they’ve seen recently.”… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged bondora, collections, estonia, europe, finland, investment platforms, investments, loans, netherlands, originations, progress report, recoveries, secondary markets, update
European lender Bondora notes that the collection and recovery efforts in March 2022 set new “record highs” for 2022. The cash collected increased by 61.6% from February 2022, “totaling €1,249,637.” And 77,471 missed payments “were recovered, which is the highest number in Bondora’s history:” The… Read More
Read more in: Investment Platforms and Marketplaces, Global | Tagged bondora, collections, estonia, europe, finland, lending, online lending, progress report, recoveries, spain
HSBC Qatar has introduced mobile payments and collections services for its personal and corporate clients, as part of its ongoing investment into digitizing banking services. These recent updates will aim to enable greater financial inclusion for the unbanked sector and visitors in Qatar, which is… Read More
Read more in: Fintech, Asia, General News | Tagged collections, digital banking, digital payments, digital tranformation, digitalization, financial inclusion, hsbc, hsbc qatar, mena, mena region, middle east, mobile payments, payments, qatar
Indian fintech firm Razorpay has acquired a lending startup TERA Finlabs for an undisclosed amount. TERA Finlabs, based in Bengaluru in India, is a subsidiary of UK-based digital lender Gain Credit. It provides technology-based solutions, such as risk management, customer onboarding, verification, underwriting, and collections,… Read More
Read more in: Fintech, Asia | Tagged acquisition, collections, msme, razorpay, underwritting
Flywire, a U.S.-based fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Thursday it secured $100 million through its Series D funding round, which was led by Temasek, an investment company headquartered in Singapore, and with participation from… Read More
Read more in: Fintech | Tagged collections, fintech, flywire, global payments, investment, series d
On Wednesday, global crowdfunding platform Indiegogo introduced Collections, a new feature for its users. The funding portal stated: “Today, we’re debuting Collections, a new way to find campaigns that matter to you. Collections feature curated campaigns around topics you care about – whether that’s the latest tech… Read More
Read more in: Investment Platforms and Marketplaces | Tagged campaigns, collections, features, indiegogo
Crowdfunded Book Publisher Launches “Collections” Feature with Science Fiction/Fantasy Publishing Contest Inkshares, a start-up crowdfunded book publisher, announced today a partnership with The Sword & Laser, an award-winning science fiction and fantasy podcast and community, to launch a feature called “Collections”—allowing third parties to run… Read More
Read more in: General News, Investment Platforms and Marketplaces | Tagged collections, contest, inkshares, jeremy thomas, publisher, publishing, veronica belmont
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