Non-bank competitors

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/Non-bank competitors

PA Consulting and Stockholm Fintech Hub join forces for fintech innovation

PA Consulting Group (PA) and Stockholm Fintech Hub are delighted to announce their new partnership.

/Non-bank competitors

'Tinder for loans' crowdvouching service Suretly raises $2.8m

Suretly, an international fintech startup that offers crowd-sourced guarantees for micro-loans, secured its minimum funding of $1.5 million USD in a matter of hours.

/Non-bank competitors

Asda Money to offer unsecured loans with Freedom Finance

Asda Money has partnered with leading lending platform Freedom Finance to launch a market-first Asda Personal Loans offering, which will allow millions of its UK customers access to affordable finance.

/Non-bank competitors

ID Finance introduces chatbot to online lending platform

ID Finance, the digital finance, credit scoring and emerging markets company has developed and introduced a self-learning chatbot for MoneyMan, its online lending platform serving customers in Spain, Georgia, Russia, Poland, Kazakhstan and most recently Brazil.

/Non-bank competitors

High street banks face growing threat from technology giants, warns new study

GAFA (Google, Apple, Facebook and Amazon) companies could pose a significantly greater threat to traditional retail banks than existing ‘challenger’ banks and fintech start-ups, according to new research.

/Non-bank competitors

Former Traiana founder Roy Saadon launches risk startup

Former Traiana founder Roy Saadon has launched Access Fintech, an innovative risk management service for banks and buyside firms. The service helps firms track the trade lifecycle and get a true sense of prioritized risk, across an increasing number of systems.

/Non-bank competitors

Australia Post contracts with i2c for digital payments push

i2c, a global provider of smarter payments and integrated commerce solutions, today announced that Australia Post, one of Australia’s most trusted brands providing a unique blend of integrated delivery, logistics, retail and eCommerce services, has selected i2c’s payments processing platform as part of its program to expand and modernize its digital payments offerings.

/Non-bank competitors

Polish lending startup FinAi raises EUR1.1m

Poland based fintech FinAi which is currently developing a lending platform has raised €1,1M in the seed round. Backing comes from a newly started Polish VC – FIDIASZ, belonging to Krzysztof Domarecki - founder of Selena Group. The investment is probably the largest at this stage on the Polish market.

/Non-bank competitors

SoFi moves into wealth management

Today, SoFi announced the general availability of SoFi Wealth, the first low-cost online wealth management platform to combine an easy-to-use online and mobile interface with unlimited access to live, licensed financial advisors, giving people the guidance they need to understand, define, and then work toward achieving their investing goals.

/Non-bank competitors

CommonBond launches student loan options

CommonBond, a leading financial technology company that helps students and graduates pay for higher education, today announces the launch of student loans for undergraduate and graduate students.

/Non-bank competitors

P2P lending platform Assetz Capital to raise interest rates for limited time

Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer finance platforms, today announced it was raising the interest rate on its popular 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time.

/Non-bank competitors

Fleximize gets £16.3m boost for SME lending

Fleximize, the UK’s first revenue-based finance provider, has today announced it has closed a new financing facility of £16,300,000 from Hadrian’s Wall Secured Investments Limited, a specialised investment fund

/Non-bank competitors

Kabbage prices $525m securitisation

Kabbage, a pioneering financial services, technology and data platform, today announced that on March 7, 2017, it priced $525 million of fixed-rate, asset-backed notes in a private securitization transaction.

/Non-bank competitors

LendUp closes $100m credit facility

LendUp, a socially responsible lender for the emerging middle class, today announced it has closed another $100 million credit facility with investment firm Victory Park Capital (VPC) to fund future loan growth.

/Non-bank competitors

Prosper strikes $5bn loan purchase agreement with institutional investors

Prosper Marketplace, a leading online consumer lending marketplace, today announced that it has closed a deal with a consortium of institutional investors to purchase up to $5 billion worth of loans through the Prosper platform over the next 24 months.

/Non-bank competitors

SoFi confirms $500m Series F funding round

SoFi, a modern finance company taking an unprecedented approach to lending and wealth management, announced today it has entered into a definitive agreement to raise $500 million in Series F financing led by Silver Lake, the global leader in technology investing.

/Non-bank competitors

MTS launches Money Wallet

Mobile TeleSystems PJSC ("MTS" or the "Company" - NYSE: MBT; MOEX: MTSS), the leading telecommunications provider in Russia and the CIS, launches MTS Money Wallet, that enables users to get an easy "one-click" access to MTS's financial services and be rewarded with bonuses and loyalty points.

/Non-bank competitors

Crossflow Payments wins Calibrate Management investment

Crossflow Payments (Crossflow), the technology driven alternative finance platform delivering innovative supply chain finance solutions, has today announced a significant investment from Calibrate Management (Calibrate), a leading investor focused on early stage, high growth firms.

/Non-bank competitors

Tesco extends mobile payments app to all UK stores

Tesco is making it faster and easier for customers to pay for their shopping by extending the availability of its mobile payments app, PayQwiq, to every Tesco store in the UK.

/Non-bank competitors

Azimo signs former Gunner Kanu for Nigerian glory

Azimo, the online digital money transfer service, has announced the signing of legendary former Arsenal and Nigeria striker Kanu Nwankwo as a brand ambassador to help bring low cost online money transfer to the Nigerian community.