PYMNTS
JANUARY 30, 2019
Financial technology (FinTech) company Numerated , which links financial institutions (FIs) with digital business lending and sales solutions, has announced a partnership with PayNet to integrate risk analytics into its offering. In a press release issued on Tuesday (Jan. In a press release issued on Tuesday (Jan.
PYMNTS
JANUARY 7, 2019
Government Accountability Office (GAO) said that financial regulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Such alternative data, said the GAO, could pose risk to such lending decisions.
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PYMNTS
MARCH 13, 2017
sought external financing in 2016 , suggesting these firms simply aren’t interested in lending technologies or accessing, for instance, a loan from an alternative finance provider. 37 percent of SMEs in the U.K. Just 5 percent said they applied for an overdraft facility from their banks or renewed a loan. small businesses.
PYMNTS
FEBRUARY 14, 2018
An alternative lending conglomerate based in the U.K. The companies were grouped together between 2014 and 2017 after investments and acquisitions by Arrowgrass Master Fund Ltd., just secured more than $97 million through an initial public offering. reports noted.
Celent Banking
FEBRUARY 28, 2017
The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Lending Product — for the most impressive consumer or business lending or collections initiative.
Celent Banking
FEBRUARY 28, 2017
The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Lending Product — for the most impressive consumer or business lending or collections initiative.
PYMNTS
JULY 10, 2018
million — already ahead of 2017’s full-year take of $167.7 million and four times the amount raised in the first six months of 2017. Financial technology seems to be leading the startup charge, representing 40 percent of the largest 10 deals of the year so far, collectively worth $100 million. So why the boom?
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