Tagged: consumer finance

CreditCare Tech Teams Up with Moneygram International to Expand Business Operations

Creditcare Technology, a multinational consumer finance company, announced that they have partnered with MoneyGram International, Inc., a key player in the evolution of digital P2P payments, in order to expand further into the emerging markets of the Philippines, Vietnam, and, other world regions with Moneygram…. Read More

Consumer Finance Services Provider CreamFinance Reports “Record” €3.4M Net Profit for FY 2021

CreamFinance reports that 2021 was a “record-setting” year for the company, “finishing with a €3.4 million net profit – the highest in Group’s history.” It also reports that it continued “to improve on these results during Q1 2022.” CreamFinance has provided the following operational and… Read More

Promise, a Fintech Focused on Consumer Government Debt, Names Jeff Press CRO

Promise, a technology platform that provides options for people to pay back their government debt and receive qualified aid, recently announced the appointment of Jeff Press as Chief Revenue Officer. In this role, Press will drive revenue, sales operations, strategic partnerships, and growth initiatives for… Read More

Fintech Qudian Receives Notice Regarding NYSE Continued Listing Standards

Qudian Inc. (NYSE: QD), a technology platform supporting the enhancement of the online consumer finance experience in China, recently announced that it has received a letter from the New York Stock Exchange (NYSE) dated February 7, 2022, informing the company that it is “below the… Read More

Fintech Firm GoBear Acquires AsiaKredit, a Singapore-based Online Lending Platform

Fintech firm GoBear, which offers a financial products comparison website, confirmed on May 4, 2020, that it has acquired AsiaKredit, a Singapore-based digital lender. The amount paid for the acquisition has not been shared publicly. GoBear’s acquisition has come after the Fintech company secured $80… Read More

LexinFintech Receives The Asian Banker Award for Best Lending Technology in China

China-based consumer finance platform LexinFintech announced on Friday it has been awarded the Best Lending Technology Initiative, Application or Programme in China by The Asian Banker. According to LexinFintech, The Asian Banker awards are generally viewed by executives as one of the most rigorous, prestigious and… Read More

Chinese Consumer Finance Platform LexinFintech Announces First Quarter 2019 Unaudited Financial Results

China-based consumer finance platform LexinFintech announced on Friday its first quarter 2019 unaudited financial results, which ended on March 31st. According to LixinFintech, Operational Highlights include: Total outstanding principal balance of loans1 reached RMB35.0 billion as of March 31, 2019, representing an increase of 64.7%… Read More

Chinese Consumer Finance Platform LexinFintech Plans to Invest ¥1 Billion in PartnerCooperations Over The Next Three Years

China-based consumer finance platform LexinFintech announced on Thursday it is planning to invest a total of ¥1 billion in partner cooperations over the next three years in order to better save its customers and expand its credit services. According to LexinFintech, Jay Wenjie Xiao, the company’s… Read More

China Rapid Finance CEO Reports: China Consumer Finance Challenge Needs High-Tech Solution

Dr. Zhengyu (Zane) Wang, founder, chairman and CEO of China Rapid Finance Limited, revealed at the 2017 LendIt USA 2017 conference the challenges to expanding consumer finance in China’s population. According to Wang, the country has emerged from being a market that in 2000 featured… Read More

MIT Sloan Leads Collaboration Launching Groundbreaking FinTech Ventures, First US Grad-Level Fintech Program

  “Throughout the course’s seven weeks, students will explore different sub-industries within the FinTech space, including consumer finance, payments, trading and cryptocurrencies.” The Martin Trust Center for MIT Entrepreneurship and the Finance Group at the MIT Sloan School of Management, in collaboration with the MIT… Read More

Send this to a friend