Avant settles FTC unfair loan servicing charges for $3.85m – FinTech Futures
Online lending company Avant has agreed to settle the Federal Trade Commission (FTC)’s charges for “deceptive or unfair loan servicing practices” and pay harmed consumers
Category : lending
Blockfi Launches High-Interest Crypto Lending Program in India
US-based Blockfi has expanded into India, offering a high rate on its interest-bearing account for two cryptocurrencies. News.Bitcoin.com talked to Blockfi and a local Indian
LendingClub shuts down SME lending arm – FinTech Futures
US peer-to-peer lending pioneer Lending Club has closed the doors on its in-house small business lending operation, reports Julie Muhn at Finovate. The good news
Challenger bank Masthaven receives £60m investment – FinTech Futures
UK challenger bank Masthaven aims to significantly increase lending to SMEs and consumers, following the completion of a £60 million equity investment from Värde Partners,
Societe Generale issues €100m of bonds for housing financing – FinTech Futures
Societe Generale SFH, a subsidiary of the French giant dedicated to the financing of housing, issued €100 million of covered bonds on the blockchain on
Indian lendtech ZestMoney raises $20m – FinTech Futures
ZestMoney, a start-up that helps consumers with no credit history get loans to buy online, has raised a $20 million Series B. The firm raised
U.K. fintech now has war chest to push stateside
Fresh off a $100 million funding round last year, the British startup OakNorth is preparing to license its business lending technology to U.S. banks and
Mastercard acquires Vyze for point-of-sale financing – FinTech Futures
Mastercard has acquired Vyze, a technology platform for point-of-sale payment options, designed to provide flexibility and convenience through financing options. “This offers users total control
Credit Kudos works hard for a £2.2m funding round – FinTech Futures
Credit Kudos, the challenger credit bureau, has raised £2.2 million in its latest round of funding. “A core solution to tackling the lack of fair
CHL Mortgages picks Jaywing for IFRS 9 monitoring – FinTech Futures
Mortgage provider Capital Home Loans (CHL) Mortgages has picked credit risk expert Jaywing to develop a comprehensive IFRS 9 model monitoring solution. “We were delighted
Vision Blue acquires Cardiff-based SamePage – FinTech Futures
Vision Blue, the regtech for credit and debt recovery sectors, has acquired Cardiff-based fast growth fintech company SamePage Group, provider of loan origination software platforms.
Australian challenger 86 400 partners with Vow Financial for home loans – FinTech Futures
Australian challenger bank 86 400 has secured national distribution with Vow Financial, one of the largest aggregators in Australia and part of the Yellow Brick
FICO for fintech – Advanced Analytic Services – FinTech Futures
Widen analytic advantage and accelerate innovation. Fintechs and challenger banks have put a dent in the financial services universe. By developing compelling new products, services
New funding values personal finance app Fintonic at €160m – FinTech Futures
Spanish personal finance app Fintonic is now valued at €160 million following a €19 million investment round, Jane Connolly reports. ING Ventures owns 22% of
ClearScore partners with Raisin UK to offer savings accounts – FinTech Futures
Free credit checking service ClearScore now offers its eight million users access to high-interest savings products via online platform Raisin UK, reports Jane Connolly. Raisin