Europe

The Responsible Business Lending Coalition (RBLC), a group that includes online lenders LendingClub (NYSE:LC) and Funding Circle, has issued a statement in support of legislation introduced in both the US House and Senate. The Small Business Lending Disclosure Act of 2021, is described as establishing 'common-sense

Mastercard announced it has completed its acquisition of Aiia, a Danish open banking technology provider for an undisclosed sum.

The ECB has published a report stating that most banks it supervises are not aligned with its climate-related and environmental (C&E) risk management goals. 

Allica Bank has acquired approximately 2,000 SME customers and about £600m of associated lending from AIB Group (UK) Plc. 

Klarna has doubled its customer base in the United States to over 21 million customers. 

Dublin-based tax automation startup Fonoa has raised $25 million in a funding round, which the company will use to expand itself and businesses’ tax compliance.

Fintech is expanding its horizons beyond just new renters with its new product.

The Financial Conduct Authority (FCA) has been advised to improve on 20 areas to address the effectiveness of its board but hasn’t publicly revealed what they are. The City regulator commissioned Advanced Boardroom Excellence to conduct a review of the effectiveness of its board earlier this year. The findings, published today (22 November), considered areas...

Codat, the API enabling SMEs to share and synchronize financial data, has today announced its foray into the Australian market.

The company has launched two offerings: ‘pay in 5’ for purchases between £1 and £500, and ‘Pay in 12’, for purchases between £500 and £3,000.