The Small Business Administration has been using a system known as E-Tran which was never intended to handle the volume...
The largest non bank service provider, Mr. Cooper, led a series A round into Matic Insurance; Matic is a digital insurance agency that allows homebuyers to get homeowners insurance during the mortgage process; Coverager reports Aaron Schiff, CEO of Matic said, “Mr. Cooper’s customers will benefit from Matic’s ability to expedite loan closings and make it easier for Mr. Cooper to lower their borrower’s payments for improved payment performance. Source.
By Daniela Izquierdo* Latin America is home to the second-highest rate of women’s entrepreneurship in the world, and the existence of women entrepreneurs in this region is proven to stimulate economic growth and create new employment opportunities. Therefore, beyond lip service, it is vital to tackle the obstacles that come in the way of women’s...
A recent paper explored how banks fared in the financial crisis, particularly how their adoption of IT played a role;...
Visa’s Africa strategy banks on startup partnerships Lending startups are angling for new business from the COVID-19 bailout SMBs Accuse...
- JD Finance Announces JD Financial Cloud“Fintech as a Service” to empower financial institutions with enhanced precision marketing and risk management capabilities
- LendKey Forms Partnership with Allied Solutions to Offer Digital Lending & Loan Participation Solutions for Financial Institutions
- China, Australia sign agreement to share fintech information
- AI-driven finance app Douugh partners Choice Financial for checking account
To increase the engagement of the fintech's user community, the new product will expand Nubank's internal rewards program.
First proposed in June and recently signed by Governor Cuomo the 7 person task force will be focused on reviewing online lending activities in NY; the task force will be chosen by the governor, president of the senate and speaker of the assembly; they will report their findings on small business and consumer lending back to the governor. Source.
UK based digital banking startup Thought Machine has raised a $83mn series B funding round led by Draper Esprit; the...
GLI Finance has shared that one of their fintech investments as part of their Fintech Ventures portfolio is at risk...