Mastercard Launches World-First “Buy Now, Pay Later” Commercial Card Solution for Small Business Financing in APAC.
The MoU provides a co-lending and credit guarantee programme to SMEs of the UAE, providing financing facilities worth up to AED10 million.
ExpressCredit Group (ExpressCredit), a lending firm, has acquired $9 million (appr. €7.74 million) in new funding for specialty finance operations in Botswana. As mentioned in an update, this allows the firm to diversify its financial resources and 'partially refinance its existing credit facilities funded by
The small business FinTech Nuula has launched a new financial health tool, allowing small business owners to monitor financial metrics with the Nuula app.
Covid has triggered a wave of technological upgrades, but improvements aren’t universal.
U.K. consumer credit provider NewDay has launched Newpay, a FCA-regulated buy now, pay later (BNPL) digital credit account with limits up to £5,000.
During the pandemic, challenger banks and fintechs tripled their share of the credit card market and grew their personal loan books by 50%.
Bpifrance adopts October Connect technology , to speed up its decision making process while reducing risk.
Today, the eight finalists pitched virtually in front of several leading VCs, and one came out on top. At the finale of the pitch competition, Canny Co took the gold prize.
Yapily, an open banking platform, has expanded into Spain, according to a company statement. Yapily notes that it already can cover over 95% of Spanish bank accounts, both retail and commercial, at 52 banks. Yapily recently raised $51 milion in Series-B funding and said it