Banking
ICYMI fintech funding round-up: Authologic, Klasha, CardFlight, and Salt
Authologic Raises $8.2 Million in Series ALocation: Poland
Funding: $8.2 million Series A
Led by: OpenOcean, with support from YCombinator, Peak Capital, and...
Banking
UK government looks to strengthen BNPL protections with launch of latest consultation
The UK government is proposing new protections for Buy Now, Pay Later (BNPL) users, which will fall under the Financial Conduct Authority (FCA)...
Banking
Klarna sells UK loan portfolio to hedge fund Elliott Advisors in £30bn deal
Klarna has signed an agreement with a subsidiary of Elliott Advisors (UK) Limited to sell “substantially all” of its short-term, interest-free product receivables...
Banking
Philadelphia’s Citadel Federal Credit Union agrees to pay $6.5m to settle allegations of redlining
Citadel Federal Credit Union will pay over $6.5 million to settle allegations of redlining in predominantly Black and Hispanic neighborhoods in and around...
Banking
Navigant Credit Union partners Baker Hill to boost commercial loan operations
Navigant Credit Union, based in Rhode Island, has partnered with Baker Hill to use its Commercial Lending solution for loan origination and underwriting.
...
AI
FinVolution expands into Pakistan with Daira launch
FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible loans with funds transferred to...
AI
LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally
LendingClub Corporation, a California-based digital lending platform, has partnered with Pagaya Technologies, a US-Israeli fintech, to acquire the intellectual property (IP) of defunct...
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