Video: Top fintech stories this week – 01 November 2019
FinTech Future’s weekly news round-up.
LendTech
Trade Ledger nabs £1.5m in Hambro Perks funding round
Lending platform plans to build out its services with cash injection.
Credit score fintech TotallyMoney raises £5m investment from SVB
TotallyMoney now has 2.5 million customers.
Irish P2P firm Flender raises €75 million in funding
Third round of debt financing gives SME lender a boost.
UK start-up Asterisk Networks aims to disrupt securities lending market by axing middlemen
The fitnech will also address regulatory costs from Basel III.
Banking Technology November 2019 issue out now
The identity challenge.
Israeli fintech Become secures $12.5m to help make SMBs more fundable
Become wants to “disrupt conventional and ‘alternative’ lending practices”.
SME lender Lidya aims for top spot in Nigeria, next stop Eastern Europe
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
UK fintech Koyo raises £3.8m to aid wiped credit histories
The fintech helps migrants or people who’ve never taken credit or been the main bill payer.
Regulation and competition driving lending transformation
The key to success is a solution that provides effective data management.
Société Générale to offload SG Finans leasing business
French banking group puts Nordic wing up for sale.
P2P lender Funding Score sinks into administration
Investors nervous as recovery firm takes control.
B-North aims to bring back brokers to the UK SME market
The fintech is in the process of acquiring its banking licence.
How to reduce loan delinquency with a better payment experience
GoCardless found three main reasons why borrowers had missed a repayments.
Complexity of SME market still eludes banks
Panel at the International SME Business Banking Forum believes banks missing a trick.
White paper: Digital transformation in credit for commercial and corporate lending
The question by now is no longer whether to transform, but rather how to transform.
Help-to-buy fintech Proportunity raises £2m, offers alternative to UK government
The fintech provides first-time buyers with an equity loan of up to 15%.
Santander leads €35m funding round in digital debt marketplace CrossLend
Lakestar, ABN AMRO Ventures and Earlybird will also be investing.
ID Finance crowdfunds £1.5m in minutes, eyes up Hispanic and Latino loan market
ID Finance is on track to double revenues to €90m this year.
FinovateFall 2019 in pictures
There was so much to take in over the three days!
DIS 2019: Lendtech OpenWrks says it can predict divorce and relationship breakdown
OpenWrks can determine when gambling will become a health issue too.
UK lendtech Zopa brings transparency to credit score calculations
Zopa says it’s the first lender to show how it determines who to lend to.
Nigerian fintech Lidya launches SME lending platforms for Poland and Czech Republic
The company’s USP is to create 100 million jobs worldwide.
FinTech Futures videos: more than just words
Let the world know about your products, services and expertise through the power of FinTech Futures video platform.
Indonesia’s OJK goes on fintech lender licensing spree
There are still 114 non-licensed companies registered with the OJK.
SME challenger bank Recognise partners with nCino
Recognise plans a 2020 launch for SME banking.
Fintech lender StreetShares partners with America’s rural Farm Bureau Bank
The lendtech gives SMEs a decision in minutes and funding within 24 hours.
FinovateFall 2019: AI, ML, robotics and digital first
Three exciting days in New York witnessing the latest and greatest from over 70 fintechs.
Banking Technology October 2019 issue out now
Lessons from Africa.
LendIt Fintech Europe 2019: towards better financial health
Creating both better outcomes for consumers and sustainable business models.
20th Banking Technology Awards: showcase your brand to decision-makers at banks
Get your brand seen by the brightest and most innovative decision-makers in the industry and network with them at a spectacular gala ceremony!
Challenger banks in India: who’s who and what’s their tech
A comprehensive list of Indian challenger banks and banking services, and the tech they are using.
LendIt Fintech Europe 2019: digital identity – a nut that remains to be cracked
Over time, like the isolated email systems before them, digital identity solutions will become interoperable.
True diversity or tokenism
It is not only time for us to say: ENOUGH IS ENOUGH. It is now time for us to hold ourselves accountable.
Supplement: FinovateFall 2019
Read our free FinovateFall Supplement, packed with fintech goodness!
Introducing: Finovate Podcast
A short, interview-based podcast featuring conversations from fintech’s elite innovators and influencers.
Max Levchin’s pay later Affirm said to be raising $1.5bn
The main investor is supposedly known as a warehouse facility.
Why has mid-market lending stagnated in banking?
One potential fix for this issue is the use of machine learning fintech.
Goldman Sachs lends Mexican start-up Konfio $100m
The companies had “several” event run-ins.
Banking Technology September 2019 issue out now
Thriving in a hyper-connected world.
