Hometap raises $12m to buy a piece of your home
US firm invests in a person’s home with a minority stake to give them a cash infusion.
LendTech
Kabbage plans payment processing by year end
To help it compete with ever-rising fintech giants such as PayPal and Square.
Tavant and Freddie Mac team to simplify loan data submission
Digital mortgage tech vendor Tavant teams up with Freddie Mac.
Online lending 3.0 – how technology is changing the game
Success lies in a company’s “digital brain”.
Fintech funding round-up: 18 May 2018
Stars LendingPoint, Open and The Disruption House.
FinovateSpring 2018 Best of Show winners announced
Congratulations to the five companies whose live demonstrations wowed the Finovate crowd!
RBS walloped with $4.9bn fine for lending legacy issues
US Department of Justice lays down the law.
BOK Financial turns to Roostify for mortgage lendtech revamp
Oklahoma-based BOK Financial joins forces with digital lending platform Roostify.
Student Loan Genius lands $4.7m new funding
11 investors participated in the funding round.
Credit Suisse provides $200m line of credit to BlueVine
Boosting BlueVine’s combined debt and equity funding to $518 million.
SME lender Kabbage to acquire fellow lendtech Orchard
Small business lender Kabbage is rumoured to be acquiring lending platform Orchard Platform Markets.
Citizens Bank in trade finance tech revamp with Finastra and Infosys
On the way out is CSI’s Banktrade trade finance system.
Unison sees 1,000% year-on-year growth in originations
Also launched in ten additional states across the US.
Wells Fargo whacked with $1bn fine for lending violations
For US auto-loan administration and mortgage practices.
Fintech funding round-up: 18 April 2018
Stars MFS Africa, Tala, Funding Societies and HelloGold.
Fintech funding round-up: 17 April 2018
Features Santander InnoVentures, Creditas, Konsileo and ArchOver.
Equiniti Riskfactor gains foothold in Canada
Equiniti Riskfactor has gained its first client in Canada – Baron Finance.
Data analytics firm Ephesoft moves into mortgage tech
Document capture and data analytics firm Ephesoft unveils Ephesoft Transact for Mortgage.
Goldman Sachs acquires personal finance app Clarity Money
Brings over one million customers to its online lending platform Marcus.
Regions Bank invests in lendtech firm Lender Price
The California-based mortgage tech firm gets equity funding from Regions Bank.
Fintech funding round-up: 11 April 2018
Features Ant Financial, Ripple, Blockchain Capital and Liberis.
Quovo launches new solutions for loan originators and servicers
Helping lenders improve key processes in the lending value chain.
Ex-Lending Club boss gets an Upgrade
Renaud Laplanche seeks redemption from Lending Club debacle.
BeSmartee integrates with FormFree’s AccountChek asset verification service
Will give lenders clearer picture of borrower’s likelihood to pay back loan.
Kabbage and Ingo Money to power faster loan payouts to SMEs
Online alternative lender Kabbage has teamed up with push payments innovator Ingo Money.
SME lender Lendio unveils Lender Turndown initiative
Lendio’s network of lending partners can offer a loan alternative to SMEs that do not fit their risk profile.
Fiserv signs Carter Bank & Trust for tech overhaul
On the way out is the Coresoft core banking system from Vsoft.
Fintech funding round-up: 6 April 2018
Stars PeerStreet, UK Finance and CardUp.
Mortgage platform Lender Price teams with Ellie Mae
The pricing engine is right.
Symbiont brings the blockchain to mortgagetech
Teams with technology investment firm Ranieri Solutions for exploration plans.
Banking Technology April 2018 issue out now
You sought symmetry. And fintech came to you.
CNH Industrial Capital chooses FIS asset finance solution
For managing its commercial contract and lease portfolio.
Finicity in full integration with BeSmartee
Making the digital loan origination process easier for lenders and borrowers alike.
TD Bank in commercial lendtech revamp with nCino
Chalk up another big win for cloud-based lendtech vendor nCino.
Peoples Trust Company trusts Finastra for lendtech revamp
Peoples Trust Company deploys Finastra’s Fusion LaserPro, Fusion DecisionPro and Fusion CreditQuest tech.
LendingTree unleashes free credit monitoring
Online loan marketplace is expanding its horizons.
Jamaican FI in social media analytics project with Neener Analytics
Neener Analytics is showing a Jamaican payday lender how its social media analytics can help boost KPIs.
Ellie Mae to power loan data and documents delivery for Pacific Union
Ellie Mae has teamed up with government lender Pacific Union Financial.
BB&T scraps SAP core banking tech project
SAP’s first core banking technology project in the US is no more, it is believed.
BlueVine and Veem: SME financing meets cross-border payments
New partnership to enable small business owners to save on international payments.
