Chancellor Hammond has reported the UK Spring Budget which provides insight for the region on the UK's economy as it separates from the European Union; the Spring Budget included a 270 million British pound ($328 million) investment by Industrial Strategy challenge fund for development of innovative technologies; Crowdfund Insider provides comments on the Spring Budget from a few executives in alternative finance; of note is the Budget's continued provision that prevents investors from diversifying across innovative finance individual savings accounts and a change in the tax on dividend income. Source
After a successful first quarter, LendingClub posted earnings of $.39 a share on revenue of $289.5 million, beating analysts' expectations.
Lighter Capital provides funding for growing businesses with a revenue-based financing model; their borrowers repay the loans out of future...
Las criptomonedas no están reguladas en Colombia, pero se está avanzando por rápida adopción. BeInCrypto habló con Mauricio Toro sobre esto.
Global Processing Services, an API-based payment processor powering some of the world's largest fintechs, including Revolut, Curve, Starling Bank and Zilch, raised a monster $300 million fundraise led by Advent International and Viking Global Investors, according to a press release.
SoFi was in talks to acquire clearing and custody firm Apex but the talks failed and the lender instead made...
Experian just acquired credit reporting fintech ClearScore for $385mn; this follows the mortgage brokerage deal they did with London & Country Mortgages back in December; Experian is looking to expand their offerings and brand through the deals; this is part of a wider trend in fintech as more incumbent players have seen the value fintech startups have brought to market. Source
RateSetter Australia is looking into a potential IPO this year at a valuation around AUS$300m (£157.6m); according to Peer2Peer Finance...
Could Russia’s invasion of Ukraine lead to the birth of a new wave of fintech lenders?
Miami Beach, FL, June 23, 2022 (GLOBE NEWSWIRE) -- Cuentas, Inc. (Nasdaq: CUEN & CUENW) ("Cuentas"), a leading fintech provider of mobile financial app and payment solutions, is expanding internationally. The company will commence global operations in Mexico with Cuentas LATAM and a headquarters in Mexico City. Consumers in Mexico will be able to start...