Tagged: credit access

Digital Banking: Nubank Announces Option for Loans, with Investments in Treasury Securities

In another step to expand access to credit and broaden its portfolio, Nubank (NYSE: NU), which claims to be one of the largest digital financial services platforms in the world, announces a new type of loan with investments in Tesouro Direto (treasury Securities) as collateral…. Read More

UK’s MarketFinance Pay Later Financing for SMBs Allows Sole Traders to Get Credit at Point of Sale

The wave of embedded finance options is starting to move this “proverbial ship” forward, as options available at MarketFinance through their pay later financing for small businesses mean that finally, sole traders can “get instant access to credit at the point of sale when procuring… Read More

Galileo to Enable Fintech Pomelo’s “Remit Now, Pay Later” Credit Card to Improve Financial Access

Galileo Financial Technologies, LLC, a financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced that its API-enabled financial technology powers Pomelo, a new charge card that “allows families in the U.S. to build and extend their credit access abroad without… Read More

CRIF Introduces Open Banking-powered Consumer Credit Scoring in the UK

Europe’s provider of credit information, CRIF, has reportedly expanded its Open Banking-enabled consumer credit solution to the United Kingdom, assisting more consumers with  accessing affordable, “responsible” credit during the ongoing economic crisis. CRIF’s credit scoring service, which is currently available to UK-based banking institutions and… Read More

Brazilian Fintech TruePay Secures $32M in One of the Largest Series A Rounds in the Country

TruePay, a startup whose payment solution assists SMEs retailers with getting free and secure access to credit, has acquired $32 million in capital via a Series A round that was led by Addition. As mentioned in the announcement, this growth stage investment is one of… Read More

Ujjivan Small Finance Bank Partners Bangalore based Fintech NIRA to Provide Personal Loans to India’s Salaried Workers

Ujjivan SFB has teamed up with NIRA in India to offer personal loans. As reported by the Economic Times, Ujjivan SFB noted that the partnership with NIRA is a key part of their business approach of using API Banking solutions as part of strategic Fintech… Read More

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