Tagged: digital lending

February 18, 2022 @ 12:09 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the rise of connected consumers driving product development and reshaping the trajectory of industries across the board has “proven that finance can be lightning fast, mobile-friendly, and customer-centric.” Blend writes in a blog post that the changed… Read More

February 9, 2022 @ 1:27 am By Omar Faridi  |  

The team at European lender Bondora notes that they have kicked off the new year with many investors joining their platform. Originations and investments fell a bit, as they did during the month of December, but managed to maintain solid numbers when compared to January… Read More

January 30, 2022 @ 4:34 pm By Omar Faridi  |  

European lender Bondora notes that Go & Grow is their investors’ favorite or most preferred way to invest in their wealth. Bondora writes in a blog post that they have more than 158,000 “satisfied” Go & Grow investors. And there’s a solid reason why it’s… Read More

January 18, 2022 @ 8:19 am By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) reveals that they helping to increase homeownership opportunities by leveraging data and automation. Blend explains how their integration with Fannie Mae supports borrower rent payment history, which helps “expand opportunities for first-time homeownership.” Traditionally, credit has served a key… Read More

January 17, 2022 @ 11:19 pm By Omar Faridi  |  

LendInvest, a leading digital financing platform for the UK market, has commented on the importance of their plans to adopt better lending technology in 2022. The team has looked ahead to their business plans this year with their VP of Technology, Peter Wallis. Peter Wallis… Read More

January 2, 2022 @ 12:13 am By Omar Faridi  |  

The CEOs and team at European online lender October have thanked all their retail lenders and institutional investors, as they closed out 2021. The company has been focused on lending everyday to European SMEs. October writes in a blog post that in 2021, platform users… Read More

December 29, 2021 @ 6:02 am By Omar Faridi  |  

The team at Fintech Blend notes that as humans, we can’t help but to “celebrate and feel positive in the moments when we finish a task productively.” And yet, for many consumers (and lenders), the completion of the mortgage journey “can still feel somewhat underwhelming,”… Read More

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 14, 2021 @ 9:46 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the banking software firm, has confirmed that KAF, a diversified financial services conglomerate in Malaysia, has chosen the Temenos Banking Cloud to introduce a digital lending business. KAF will reportedly be using Temenos Banking Services for handling retail loans and Islamic financing… Read More

December 13, 2021 @ 8:02 am By Omar Faridi  |  

European marketplace lender October has reportedly acquired a €30 million commitment from the European Investment Fund (EIF) and the Dutch impact investor Invest-NL in the context of the European Guarantee Fund (EGF) and the Dutch Alternative Credit Instrument mandates. As noted in an update from… Read More

November 25, 2021 @ 9:27 am By Omar Faridi  |  

Swedish Fintech firm Näktergal, which supports financial institutions with Cloud-powered platform solutions for digitized lending, has acquired EUR 1 million in capital via an investment led by Katalysen & Partners. Other investors are Stefan Backlund, ex- VP Marketing & Communications at Trustly, Jon Wimmercranz, ex-… Read More

November 18, 2021 @ 10:23 am By Omar Faridi  |  

Online lending platform, NewDay, has introduced an instant access digital credit account with flexible repayment terms which are aimed at protecting its business from the competition from Buy Now, Pay Later or BNPL providers. Newpay provides clients with a credit limit of £5,000, which may… Read More

November 4, 2021 @ 2:50 pm By Omar Faridi  |  

Online lending platform Jaja Finance Ltd reveals that a consortium of investors, who are led by shareholder KKR and including entities owned by investment funds being managed by TDR Capital LLP, have entered an agreement with Jaja to become majority shareholders of the business. This… Read More

October 31, 2021 @ 8:54 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the way people work — and earn money — is quite different than it was in the past. However, income verification solutions haven’t been able to catch up with the latest developments, the Fintech firm claims. As… Read More

October 15, 2021 @ 8:12 am By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech solutions, is supporting financial institutions with creating their SMB programs via the introduction of a Cloud-powered, digital lending and credit platform. The latest Fiserv product offering, leveraging the Atlas Platform from Fintech… Read More

September 22, 2021 @ 10:47 pm By Omar Faridi  |  

Numerated (NASDAQ: IBCP), the Fintech firm that’s making business banking easier for financial institutions and their customers, reveals that it has teamed up with Independent Bank, a $4.5 billion community bank with over 60 locations across Michigan’s lower peninsula. Through their partnership, Independent Bank will be… Read More

September 22, 2021 @ 10:10 pm By Omar Faridi  |  

HCL Technologies, a global tech firm, has agreed to a multi-year application services transformation partnership with Lendico, which is a brand of ING Germany, in order to deliver application and engineering services to help it create a digital platform that makes business banking faster and… Read More

September 19, 2021 @ 5:07 pm By Omar Faridi  |  

European online lender October explains that they aim to effectively connect borrowers and lenders. Lenders are able to invest their savings “usefully” and “profitably” in order to facilitate the funding of the “real economy” while companies or businesses “find new, simple and effective sources of… Read More

September 13, 2021 @ 3:11 pm By Omar Faridi  |  

Hoard Exchange, which aims to facilitate “true ownership” of virtual game assets on Ethereum,  is a fast-growing non-fungible token (NFTs) marketplace that was introduced back in 2018. The platform was initially developed as a reliable blockchain or distributed ledger tech (DLT) network. The community members… Read More

September 12, 2021 @ 8:30 pm By Omar Faridi  |  

The team at Lithuania’s Debitum, a borderless financing platform, has shared important information for their investors, the company’s Financial report Q2, 2021. As noted in a blog post by Debitum, the document presents the financial and business performance of the SIA DN Operator (the platform… Read More