Auxmoney is an online lending platform based in Germany; the platform grew origination volumes by 75% in the year to €316 million across 40,000 loans; the company now has lent around €700 million across 100,000 loans to date; last year auxmoney announced a partnership with digital bank N26 to expand their borrower base; auxmoney was profitable for the first time in the second half of 2017 which sets them apart from many platforms. Source
A $5.25 billion valuation would place Ava Labs in the upper echelons of most valuable crypto startups in the world.
Avant has settled their FTC charges for deceptive or unfair loan servicing practices; as part of the deal Avant will...
Avant will pay $3.85 million to settle with the Federal Trade Commission for allegations that it misled customers who were...
Avanti now needs FDIC insurance and acceptance into the Federal Reserve payments system to function as a bank and offer stable coin services.
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Accounts payable and payment automation fintech AvidXchange has raised an additional $128mn, an extension to the $260mn round reported earlier...
Colombian fintech Avista raised $22.5 million in debt from Accial Capital as it seeks to boost lending to the elderly.
Aviva purchased a majority stake in robo-advisor Wealthify only 18 months after their head of retirement solutions criticized automated advice; Wealthify will sit alongside other Aviva products and services through the insurer’s digital hub, MyAviva; the insurer sees this as another important step in their digital strategy. Source
Aviva, Hillhouse Capital and Tencent have announced plans for a new digital insurer, Aviva Hong Kong; Aviva and Hillhouse will own 40% with Tencent owning the remaining 20%; the new platform will focus on selling digital life insurance in Hong Kong and will also offer additional investment products. Source