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

Caxton, which claims to be a profitable payments Fintech, has secured 151% (£1,512,752) of its £1M fundraising target from 1011 investors (at the time of writing) via Crowdcube. Caxton, which says it has a great team and proven technology and further claims that 500k+ B2B

Some predict "Request to Pay" is the smoother, more flexible future of payments between people and businesses. 

Today, many DeFi platforms have employed protocols that make it easy to support more than one network. However, there is still the problem of interoperability. This prompted Hashbon to build the first-ever cross-chain decentralized exchange known as Hashbon Rocket to fix this problem. This development is very important for the DeFi sector because most decentralized...

nCino will acquire SimpleNexus for around $240 million in cash and approximately 13.2 million shares of nCino stock.

Visa said it expects to resolve its disputes with Amazon in both the United Kingdom and the United States, according to separate reports.

The EC has recognised the low risk posed by leasing in its recently published Banking Package 2021, which implements the Basel IV agreement, Leaseurope said

Tide customers can now apply for a Funding Circle loan direct from their Tide account following a partnership between the peer-to-peer lending platform and business bank. Finding Circle said it has helped over 120,000 businesses worldwide access more than £13bn in funding, and that Tide customers will benefit from the platform’s instant decision lending technology...

Challenger banks and fintechs have tripled their share of the credit card market and grew their personal loan books by 50%.

Australian Airwallex has picked up a $5.5bn valuation after securing US$100m in a Series E1 funding round as fintechs are diversifying their services.