Posts Tagged ‘Credit’
US fintech Petal raises $35m, spins off B2B data arm Prism
The new funding has been led by Valar Ventures and includes strategic investments from Synchrony and Samsung Next.
Read MoreYounited partners with Tink to improve credit decisioning process
The collaboration between Younited and Tink will also expand to offer financial coaching.
Read MoreDirectID partners with Faciit to increase individuals’ access to affordable credit
Faciit will use DirectID’s Open Banking insights to help those with “new-to-country” status.
Read MoreApple releases BNPL offering ‘Pay Later’ in the US
Users of Apple Pay Later will be able to pay for purchases in four instalments, without being charged interest or fees.
Read MoreCRIF partners with iwoca ‘to make instant finance a reality’ for SMEs
According to iwoca, 82% of SME finance brokers said major banks have reduced their appetite to fund SMEs.
Read MoreZilch partners with Yapily to improve customers’ access to ‘responsible’ credit
By teaming up with Yapily, Zilch can maximise “the consumer benefits of Open Banking technology”, Philip Belamant said.
Read MoreExperian trials new service helping ‘credit invisibles’ build a credit file
Through the initiative, currently being piloted in the UK, individuals without access to mainstream finance can build their credit file in only three months, via Open Banking.
Read MoreSMEs wanting to demonstrate their financial health to lenders rises in 2023
Credit Passport by CRIF said an increasing number of its SME customers are placing importance on their lending profiles.
Read MoreKlarna to begin charging UK customers for late payments
UK head Alex Marsh said Klarna did not want to “monetise the misery of customers who fall behind” and has launched a ‘Customer Recovery Programme’.
Read MoreUK hits 7 million active Open Banking users in January
Of the 7 million consumers and SMEs recorded, Open Banking Limited reported that 1.2 million used Open Banking for the first time.
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