30 March 2017
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Latest credit referencing and support news

Online lender Upstart raises $32.5m
Mobile & online

Online lender Upstart raises $32.5m

03 March 2017  |  3988 views  |  0 comments | 4 tweets | 1 linkedin

Upstart, a US online lender founded by a gaggle of former Googlers, has raised $32.5 million in a funding round led by Japan's Rakuten and an unnamed asset manager.

Misys adds crowdlending to core banking package
Payments

Misys adds crowdlending to core banking package

17 January 2017  |  5086 views  |  0 comments | 7 tweets | 10 linkedin

Core banking vendor Misys has launched a crowdlending module to enable financial institutions to move into the alternative finance marketplace.

Fed Governor sounds warning on alternative credit scoring data
Retail banking

Fed Governor sounds warning on alternative credit scoring data

05 December 2016  |  8336 views  |  2 comments | 22 tweets | 25 linkedin

A Federal Reserve governor has cautioned fintech firms about the risks of using non-traditional data such as social media information to judge creditworthiness, warning that it could lead to them falling foul of fair lending laws.

Developing world fintech incubator showers cash on top performers
Start ups

Developing world fintech incubator showers cash on top performers

01 December 2016  |  5364 views  |  0 comments | 15 tweets | 2 linkedin

Digital Financial Services (DFS) Lab, a developing world-focused fintech incubator backed by the Bill and Melinda Gates Foundation, has handed over more than $400,000 to four startups that impressed during an intensive bootcamp.

Baidu partners ZestFinance to turn search data into credit scores
Retail banking

Baidu partners ZestFinance to turn search data into credit scores

18 July 2016  |  5181 views  |  1 comments | 4 tweets | 7 linkedin

Chinese web giant Baidu has made an investment in ZestFinance, a US fintech startup using machine learning to overhaul the credit scoring business. The size of the deal has not been disclosed.

NAB accused of 'spying' on customers who move business to rival banks
Wholesale banking

NAB accused of 'spying' on customers who move business to rival banks

20 June 2016  |  4222 views  |  1 comments | 4 tweets | 4 linkedin

National Australia Bank has been accused of 'spying' on business customers who apply to rival banks for new financing.

India sets focus on fintech market
Payments

India sets focus on fintech market

08 June 2016  |  8705 views  |  2 comments | 22 tweets | 12 linkedin

India's central bank is to set up a committee to explore the potential for the country's fintech market which is predicted to double in worth to $2.4bn in the next four years.

Ormsby Street partners Deutsche Bank to launch credit checking tool in Germany
Retail banking

Ormsby Street partners Deutsche Bank to launch credit checking tool in Germany

26 May 2016  |  4967 views  |  0 comments | 1 tweets | 1 linkedin

British startup Ormsby Street has launched its small business credit-checking tool in Germany through a partnership with Deutsche Bank.

Indian online lender Capital Float raises $25m
Retail banking

Indian online lender Capital Float raises $25m

12 May 2016  |  3389 views  |  0 comments | 3 tweets | 2 linkedin

Capital Float, India's largest online lending platform, has raised $25 million in a Series B funding round led by Creation Investments Capital Management.

Japan's SBI Holdings looks to raise $275m for fintech fund
Blockchain

Japan's SBI Holdings looks to raise $275m for fintech fund

12 May 2016  |  9145 views  |  0 comments | 21 tweets | 5 linkedin

Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.

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