With payroll lending, Nubank blazes a trail into secured lending, an asset that bears less risk than credit cards and individual loans.
Traditionally seen as the tool of the super-rich, thanks to open finance, personalized financial advisory services could be taking a turn.
Nontraditional data is relevant across Africa as credit bureaus don't have the historical depth their Western counterparts enjoy.
Ram Ahluwalia believes there are plenty of layers to peel off the FTX onion, but the reasons for some recent actions may be straightforward.
Yave, a mortgage and credit fintech that aims to capture the Mexican mortgage market, won the day after an excellent presentation by co-founder and CEO Bernardo Silva. He said he wanted to break into the slow-moving trad marketplace for mortgages and help brokers put the mortgage right into the sales process.
The desire for increased financial inclusion is a primary driver behind the increased use of alternative data in lending decisions, a new report from LexisNexis Risk Solutions finds.
While DeFi, could be powerful in improving lending, it has collateral limitations that on-chain reputation could solve.
The largest small business lender that you may not even know exists is Amazon Lending. The tech behemoth loans out billions of dollars every year to small businesses on its marketplace.
Today, we learned about a new fintech partnership Amazon is entering into with SellersFi (formerly Sellers Funding). SellersFi is a seven-year-old small business lending fintech focused on e-commerce platforms. They provide e-commerce merchants with working capital, payments solutions and more.
It is unsurprising that the UK has embraced the financial market shift to fintech, but where do they stand on a global scale?
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“We’re getting accustomed to the risk, the friction, the discomfort, because the value is so high to the downstream customer,”...