Netherlands invoice finance startup Finturi has closed $2.2 million in funding to help companies secure loans against invoices using blockchain and...
Here are the most read news stories from our daily newsletter today: Why FinTechs Are Declaring Victory In PPP Loans...
As 43% of Generation Z and millennials increase credit card spending, it's an incentive to learn the preferences of this influential group.
Meta, the Big Tech firm formerly known as Facebook, has begun testing a new payments feature within its Messenger platform known as Split Payments, according to a company blog post.
Following up on a recent article highlighting the Marqeta deal with Visa, the publication interviews Candace Klein, head of alternative lending at Marqeta; the interview covers the difference between credit cards and online lenders using prepaid cards to deliver funds; how does the borrower view the experiences and if credit card companies can bring rates down does that change the equation; Marqeta provides an open API issuer processor platform to change how payment cards, virtual cards, and mobile authorization products are being used and developed. Source
Persona based intelligence startup Deep Labs secured $16mn from Serendipity Capital, Gramercy Ventures and Gunnar Overstrom of Corsair Capital; the...
Securitization continues to grow for the marketplace lending sector. As they do at this time every quarter PeerIQ released their Securitization Tracker. It showed another strong quarter with $4.3 billion of total issuance. This total was up 34% from Q1 2017 but down slightly from the record total in Q4 2017. Source.
Lisa Jacobs, the head of Funding Circle’s UK business, sat down with P2P Finance News for a wide ranging discussion;...
Even as the original Luna cryptocurrency trades at well below 1 cent, backers of the Terra blockchain have launched “Luna 2.0.”...
Uber has announced it will partner with Moneyfarm to provide financial advice services for its employees in the UK; Moneyfarm and Uber will offer the robo advice to approximately 40,000 UK drivers; speculators believe the UK market will see more robo advisory partnerships as the services have yet to gain significant market traction in comparison to other countries. Source