331 articles tagged with this keyword
News/Credit referencing and support
Australia has moved one step closer to implementing an Open Banking regime with the publication of a final Government report into the issue, accompanied by draft legislation to mandate comprehensive credit reporting.
09 February 2018
Chinese search engine Baidu is looking to raise up to $2 billion to take on fellow tech behemoths Alibaba and Tencent in the financial services sector, according to Reuters.
25 January 2018
Tryb, an Asian firm looking to buy and develop local fintech startups in order to create a "financial infrastructure platform for Asean", has raised US$30 million from the Makara Innovation Fund.
Berlin-based online SME lending platform Spotcap is diversifying its business model, offering its technology to other companies, beginning with Austrian banking group Bawag.
22 January 2018
Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has raised $13 million in a Series A funding round led by Peter Thiel's Valar Ventures.
10 January 2018
HM Treasury is offering £2 million to budding entrepreneurs who can develop an application that will enable Britain’s 11 million renters to record and share their rent payment data, helping to improve their credit scores and their chances of getting a mortgage.
06 December 2017
BNP Paribas Asset Management (BNPP AM) has bought a 10% stake in a new alternative SME credit specialist called Caple as part of a wider strategic alliance.
17 November 2017
Equifax has reported a 27% drop in profits in its third quarter results as the costs of recovering from a recently disclosed data breach begin to mount.
10 November 2017
Alibaba, Credit Suisse, and the World Bank's International Finance Corporation have joined in a $220 miliion Series B and debt financing round for Hong Kong-based mobile lender WeLab.
08 November 2017
A consortium of fintechs and banks has developed a distributed ledger technology (DLT) platform for the syndicated lending market.
05 October 2017
Equifax chief executive and chairman Richard Smith has retired in the wake of the data breach at the credit referencing firm that exposed the personal details of approximately 143 million US consumers.
26 September 2017
The details of more than 200,000 Visa and Mastercard cards were stolen during the recent cyber-breach at credit referencing firm Equifax.
15 September 2017
Santander InnoVentures has joined a $6 million funding round for PayJoy, a San Francisco-based startup working to help underbanked people buy smartphones.
11 September 2017
Credit referencing firm Equifax has reported a cyber-breach which spilled the personal details of approximately 143 million US consumers.
08 September 2017
San Francisco-based fintech startup Earnest is opening a second location in Utah, adding up to 500 jobs to the community and $5.6 million in capital investment over the next five years.
16 August 2017
PayPal is expanding its working capital programme for merchants through the acquisition of online lending firm Swift Financial. Terms of the deal were not disclosed.
11 August 2017
PayPal has made a strategic investment in LendUp, an online lender targeting Americans that are generally considered too risky by traditional banks. Terms of the deal were not disclosed.
29 June 2017
Canadians are suffering from ostrich syndrome, according to a new survey from Capital One which shows that more than half have never attempted to get their credit score.
05 May 2017
LA-based mobile technology and data science lending startup Tala has has raised more than $30 million in Series B financing, led by IVP and joined by Ribbit Capital. Additional participants include existing investors Lowercase Capital, Data Collective, Collaborative Fund and Female Founders Fund (F3).
18 April 2017
A year after being forced out of Lending Club, the firm's founder Renaud Laplanche is back with a new online lending platform and $60 million in financing.
06 April 2017
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