Tagged: fintech lender

November 25, 2024 @ 8:28 am By Omar Faridi  |  

Plenti Group Limited has provided its results for the six-month period ended 30 September 2024 (1H25). The Plenti Group shared the following financial highlights: Closing loan portfolio of $2.3 billion, up 14% on pcp Loan originations of $627 million, up 0.4% on pcp Half-year revenue… Read More

January 27, 2024 @ 4:45 pm By Omar Faridi  |  

Better Home & Finance Holding Company (NASDAQ:BETR), the  digital homeownership company and the first fintech lender to achieve $100B in funded loans,  announced the launch of Better Insurance, the white labeled solution that allows customers to purchase homeowners insurance through “a fully online experience.” Better… Read More

March 13, 2023 @ 3:05 pm By Omar Faridi  |  

Fintech lender Sonovate has surpassed £3.5bn in total funding and £1 billion in annual funding for the first time “as rising costs force businesses to seek finance to manage cashflow and drive growth.” During 2022, Sonovate reportedly “provided businesses with £1.1 billion in finance, a… Read More

January 27, 2023 @ 12:07 pm By Omar Faridi  |  

Better, which claims to be the first fintech lender to achieve $100 bln in funded loans,  unveiled the launch of One Day Mortgage(™), which is described as “a breakthrough innovation in the real estate industry.” For the “first” time ever, Better customers will be able… Read More

January 19, 2021 @ 11:07 pm By Omar Faridi  |  

Online balance sheet lender, Nucleus Commercial Finance, reports that it has secured a £200 million funding line, which should help with increasing the platform’s capacity or ability to support more UK-based businesses. The new funding line should help ensure that the lender is well-positioned to… Read More

November 12, 2020 @ 9:53 am By Omar Faridi  |  

iwoca, a European alternative lender for small businesses, is reportedly planning to lend more than £200 million to small businesses before the Coronavirus Business Interruption Loan Scheme (CBILS) applications close in January 2021. iwoca recently surpassed £100 million in CBILS lending. The platform now plans… Read More

August 2, 2020 @ 11:30 pm By Omar Faridi  |  

October, a leading European online lender, reveals that it was definitely not “idle” during the month of July 2020, despite the challenges created by the global COVID-19 outbreak and the resulting economic uncertainty. October claims that July 2020 was a record month, during which 55… Read More

August 2, 2020 @ 9:49 pm By Omar Faridi  |  

Laura Whateley, a real money management correspondent at Zopa, a Fintech lender and digital bank, notes that at the beginning of the COVID-19 pandemic, it wasn’t really clear how our finances would be affected, and that might still be the case for many individuals and… Read More

June 4, 2020 @ 10:47 pm By Omar Faridi  |  

India’s only publicly-listed Fintech company, 5paisa, revealed on June 3, 2020 that it would be giving its workers a 15% raise on their salaries and will also be offering advance bonus payouts in order to improve or boost employee morale. 5paisa’s generous move has come… Read More