Tag: peer-to-peer P2P
UAE fintech Yuze bags $30m funding to propel expansion into new markets
Here is a summary of the key points about UAE-based fintech start-up Yuze securing a $30 million investment:Investment...
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...
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:...
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office.
Funds to...
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
Overview:Entity Involved: US Consumer Financial Protection Bureau (CFPB).
Target: SoLo Funds, a peer-to-peer (P2P) lending platform.
Allegation: Deceiving...
French fintech Lydia launches digital banking app Sumeria
Company Overview:French fintech start-up Lydia.
Originally launched in 2013 as a P2P payments app.
Currently serves 8...
Nick Harding steps down as CEO of UK lender Fluro
Nick Harding, the CEO and co-founder of UK consumer lender Fluro, has announced his departure after a decade...
CFPB proposes new laws to stamp out NSF fees for transactions declined in real time
The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by...
Saudi business lending marketplace Lendo gears up for IPO with $28m Series B
Funding Round Success: Lendo, a Saudi-based business lending marketplace, has secured $28 million in a Series B funding...
Eurosystem eyes up alternative payment solutions in latest retail payments strategy update
Eurosystem's Retail Payments Strategy UpdatePriorities:Digital euro development
Instant payments
Cross-border paymentsObjectives of Retail Payments Strategy...
Block’s Cash App withdraws bid for Irish virtual asset licence
Cash App withdraws VASP license application in Ireland.
The peer-to-peer platform sought a license from Ireland’s central bank...
Aussie SME lender Earlypay acquires Timelio’s $40m loan portfolio and assets
Earlypay acquired Timelio's assets and loan portfolio for approximately $3 million.
Earlypay adds $40 million to its loan...