FinTech Futures: Top five stories of the week – 23 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Noble plans on using the new funding to hire new team members and aid product development.
Scratch offers a payment model to help patients cover the cost of medical care.
Oradian’s account, finance and investment offerings are tailored to the needs of rapidly developing markets.
John Barker has been named as the firm’s new CEO, with Peter O’Connor taking on the role of COO.
The product will offer financial services designed to meet the needs of newly enlisted members of the military.
The CFPB will set out guidance to hem BNPL firms much closer to credit cards in terms of regulation.
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
The new funding will be used to increase Kafene’s employee headcount and onboard more merchants onto its platform.
Credit Karma says it disagrees with the FTC’s allegations but that it has reached an agreement.
liwwa operates a marketplace for SME loans where investors can purchase loan receivables.
Reevo Money says its ultimate goal is to help people build their credit rating.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across Europe.
StreamBank intends to be a partner for property professionals looking for bridging or development finance.
Nigeria’s Carbon Finance is now a full-service bank with pan-African aspirations.
The debt funding will be complemented by a seed equity round that Plurall is currently raising.
The RBI says that the new rules will be applicable to both existing and new customers.
Fintech can help connect farmers with finance and boost financial inclusion.
Moneyflow says the facility will help accelerate the rollout of its embedded finance services.
A fintech funding round-up featuring three start-ups from Europe.
A handy round-up of the recent funding endeavours of fintech companies across Africa.
The capital facility will enable the bank to lend an additional £250m to British agriculture firms through to 2023.
EarlySalary will use the new funds to expand into new markets and increase its loan book.
Jenius Bank will initially offer personal loans before expanding with savings and checking products.
FinTech Futures speaks with Himalaya Exchange CEO Jesse Brown about the future of crypto.
A borrower’s credit score is now one of their largest barriers to securing a home loan.
The firm will be laying off most of its workforce on 9 September 2022.
Capital on Tap says the funding will help SMEs access credit at a time when the UK is anticipating a recession.
Paynas provides employee management and payment services to MSMEs.
Toperty is based in Colombia and Saturn5 is based in Mexico City.
The latest raise brings the fintech’s total funding to date to $216 million in equity and debt.
MVB Financial is aiming to grow its government guaranteed lending business.
The FCA is “proactively monitoring the market to ensure expectations are met”.
The deal values Covalto at $547 million and will see the firm listed on the Nasdaq exchange.
The bank will support the creation of more than 100,000 jobs and 20,000 new homes.
Use of non-bureau, “alternative’’ credit data can help better understand the risk of a consumer.
Explore thousands of open roles on the FinTech Futures Job Board today.
Perenna intends to offer long-term fixed rate mortgages in the near future.