One quarter into 2022 and earnings from top fintech public companies are not pretty: regardless of revenue, prices crashed.
Focusing on the cross-border capabilities of P2P payments, Rakuten Viber has partnered with Rapyd to unlock in-app payment options between users.
The bank is currently recruiting engineers to help launch the online lending platform Marcus in the UK according to Business Insider who found the job listings; last September Goldman Sachs said the Marcus brand would launch in mid 2018; Goldman Sachs’ Marcus has taken off in the US and have been aggressive in expanding their consumer finance offerings. Source
iZettle’s IPO, which they are set to announce next week would be the largest fintech IPO to date in Europe;...
The fintech world is awash in capital today and one of the places on the receiving end of this seemingly...
Oxbury is a Chester-based challenger bank which looks to smooth out cash flow for farmers; according to James Farrar who...
The Association of Alternative Business Finance is rumored to be the alternative lending sector's next representative association; the consortium has reportedly been developed by seven balance sheet lenders to represent the interests of their lending group; the association will seek to employ and enhance transparency, responsibility, fairness and security; its criteria for inclusion is primarily focused on business product lending. Source
According to new statistics released by the UK’s Insolvency Service personal insolvencies rose by 16.2% in 2018, while more than 16,000...
Augmentum Capital, venture group backed by Lord Rothschild, is looking to raise more than $175mn for a closed end fund to invest in fintech startups; the company plans to take positions in p2p lending platform Zopa and crowdfunding platform Seedrs, both of whom are in the UK; “There are very few places you can go to right now to invest in fintech at the moment on the public markets,” said George O’Connor, analyst at Stifel, to the FT. “So [this] taps into the zeitgeist.” Source.
London-based ethical lender Plend released its first Financial Inclusion Report, created in collaboration with Nationwide Building Society, Nationwide Incubator, Responsible Finance and StepChange, to highlight the UK’s financial exclusion crisis and those most at risk in society.