Tag: LendTech News Europe
Allica Bank grows bridging finance offering with Tuscan Capital acquisition
Acquisition Announcement: Allica Bank has acquired bridging lender Tuscan Capital from Quilam Capital for an undisclosed sum.
Expansion...
Leeds Credit Union partners LendingMetrics and Singlify for new loan decisioning platform
New Platform Introduction: Leeds Credit Union is launching a new loan decisioning platform in collaboration with LendingMetrics and...
Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management
Cash Plus Partners with Profile Software for Finuevo Suite
Key Highlights:Partnership Overview:Companies Involved: Cash Plus (Kosovo-based digital lending...
Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital
Key Points:Investment Details:Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen...
iBusiness Funding snaps up Funding Circle’s US business for £33m
Funding Circle Sells US Business to iBusiness Funding: Key PointsSale Details:Funding Circle has agreed to sell its...
New digital-only bridging lender Morpheus launches in the UK
Morpheus Digital-Only Bridging Lender Launches in the UK:Founders:Co-founded by Matt Mawdesley (former head of strategy at Together)...
UK challenger GB Bank lands £85m investment
GB Bank Secures £85 Million Investment: Key PointsInvestment Details:Total Investment: £85 million.
Investors:Hera Holdings: £40 million initially,...
UK challenger Chetwood Financial acquires lender CHL Mortgages for Intermediaries
Overview:Entities Involved: UK digital challenger Chetwood Financial and CHL Mortgages for Intermediaries (CMI), purchased from Barossa Asset Purchaser...
Avidbank partners Corserv to launch commercial credit card programme
Avidbank in the USA partners with Corserv to launch a new credit card offering for commercial clients....
UK lender Abound secures £800m in mix of equity and debt financing
Abound's Financing Round:UK-based credit technology firm Abound has secured a new financing round consisting of both equity...
Iwoca lands £270m debt funding package from Citibank and Barclays
UK-based SME lender Iwoca has secured a debt funding package totaling £270 million to address the increasing demand...
Nottingham Building Society taps Nova Credit to expand mortgage range
Partnership Overview: Nottingham Building Society, also known as The Nottingham, has partnered with California-based credit infrastructure and analytics...