Buy now, pay later provider Affirm has seen its active merchant and consumer counts skyrocket in recent months after expanding its partnership with Shopify.
Forbes interviews Francesca Carlesi, the CEO of Molo which claims to be the UK’s first fully digital mortgage lender; the...
CEO Norris Koppel says it’s part of a broader push into credit and lending.
Scotland has seen significant growth in its FinTech ecosystem, reflecte
Hidden Road, a global credit network, announced on Thursday that it had closed a $50 million Series A led by Castle Island Ventures.
Commercial credit data sharing scheme (CCDS) is a market solution providing data sharing for alternative lenders in the UK; the CCDS was launched on April 1, 2016 and is now nearing full integration which means the majority of mandated banks have implemented systems to share their data with UK credit agencies; CCDS will provide current account banking data to credit agencies for approximately 98% of small businesses in the UK which is expected to help improve credit underwriting and broaden credit availability. Source
Vibrant sees mobile POS systems as an essential tool for micro SME recovery. They plan to support the 10 million European merchants.
In an interview with PYMNTS.com, the head of network and partnerships for Bud, Alan Walsh, talks about the state of open...
Fintech company BillFront today announces it has secured €50 million in a multi-currency asset-backed financing from Fasanara Capital and adopted a new name: Vane.
UK digital bank Monzo is nearing completion of a new funding round that will add 20 to 30 million British pounds in capital for the firm; the investment round is being led by Thrive Capital; sources also report that the firm is planning an equity crowdfunding campaign later in the year; Monzo is led by CEO Tom Blomfield and the firm was granted a UK banking license in August 2016; it currently has 100,000 users with activity driven by pre-paid Mastercards and mobile applications; the firm recently declined an acquisition offer from an incumbent bank and says it still has a lot it plans to accomplish. Source