Tagged: digital lending

February 6, 2023 @ 10:54 pm By Omar Faridi  |  

Digital lender MONEYME (ASX:MME) has just released a trading update announcing it has returned to statutory profits “ahead of target, making it potentially the first fintech in Australia to return to profitability following recent challenging market conditions.” MONEYME has “delivered >$8m NPAT and record revenue… Read More

December 16, 2022 @ 3:17 pm By Omar Faridi  |  

As part of a growing focus on ESG and commitment to having a positive impact on society, digital lender MONEYME (ASX: MME) has partnered with Australia’s youth cancer charity Canteen in order “to help young cancer patients stay connected to their education dreams and career… Read More

November 28, 2022 @ 7:38 am By Omar Faridi  |  

In an effort to maximize loan officer efficiency and build trust with borrowers, Blend (NYSE:BLND) launched the Loan Officer Toolkit in March 2021. With streamlined workflows across the entire mortgage loan process, the LO Toolkit “enables LOs to focus on building both consumer relationships and… Read More

October 31, 2022 @ 9:27 pm By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking solutions company, has rolled out their Disbursement and Collections solution for Lending, “to enable NBFCs and their partner LSPs to comply with the new Digital Lending guidelines.” Cashfree Payments will “facilitate both digital lending and co-lending use cases… Read More

August 6, 2022 @ 4:17 pm By Omar Faridi  |  

Ranqx, the digital lending platform built for lenders to small-to-medium sized businesses (SMBs), has expanded its working relationship with Visa (NYSE: V) into North America. Before collaborating with Visa in North America, Ranqx worked cooperatively with Visa in its Asia Pacific region. Under the latest… Read More

July 18, 2022 @ 1:11 pm By Omar Faridi  |  

The team at Blend (NYSE:BLND) recently welcomed Naman Khan to their leadership team At Blend, they believe the key to digital transformation in the financial services industry is the ability “to build personalized human connections with customers, and at the center of this is breakthrough… Read More

June 8, 2022 @ 10:44 am By Omar Faridi  |  

It’s been over ten years now since digital lending software provider Blend (NYSE:BLND) launched its business. Blend noted that it is almost hard to believe that “at that time the mortgage process was largely manual, time-consuming, and paper-based.” Blend also mentioned that they believed that… Read More

June 2, 2022 @ 7:47 pm By Omar Faridi  |  

ZoodPay, the digital lending platform for e-commerce in the Middle East and Central Asia, has entered Pakistan by fully “acquiring Karachi headquartered Tez Financial Services (Tez).” Backed by investors including Planet N, Flourish Ventures and Accion, Tez reportedly became “the first Fintech in Pakistan to… Read More

May 24, 2022 @ 8:37 pm By Omar Faridi  |  

yourCom, a provider of corporate lending, has embraced Enigio’s trace:original in combination with Signicat’s solution for digital identity and electronic signing “to launch a fully digital lending process.” By integrating trace:original, yourCom will be able “to offer its clients the creation and management of fully… Read More

February 18, 2022 @ 12:09 pm By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) notes that the rise of connected consumers driving product development and reshaping the trajectory of industries across the board has “proven that finance can be lightning fast, mobile-friendly, and customer-centric.” Blend writes in a blog post that the changed… Read More

February 9, 2022 @ 1:27 am By Omar Faridi  |  

The team at European lender Bondora notes that they have kicked off the new year with many investors joining their platform. Originations and investments fell a bit, as they did during the month of December, but managed to maintain solid numbers when compared to January… Read More

January 30, 2022 @ 4:34 pm By Omar Faridi  |  

European lender Bondora notes that Go & Grow is their investors’ favorite or most preferred way to invest in their wealth. Bondora writes in a blog post that they have more than 158,000 “satisfied” Go & Grow investors. And there’s a solid reason why it’s… Read More

January 18, 2022 @ 8:19 am By Omar Faridi  |  

Digital lending software provider Blend (NYSE:BLND) reveals that they helping to increase homeownership opportunities by leveraging data and automation. Blend explains how their integration with Fannie Mae supports borrower rent payment history, which helps “expand opportunities for first-time homeownership.” Traditionally, credit has served a key… Read More

January 17, 2022 @ 11:19 pm By Omar Faridi  |  

LendInvest, a leading digital financing platform for the UK market, has commented on the importance of their plans to adopt better lending technology in 2022. The team has looked ahead to their business plans this year with their VP of Technology, Peter Wallis. Peter Wallis… Read More

January 2, 2022 @ 12:13 am By Omar Faridi  |  

The CEOs and team at European online lender October have thanked all their retail lenders and institutional investors, as they closed out 2021. The company has been focused on lending everyday to European SMEs. October writes in a blog post that in 2021, platform users… Read More

December 29, 2021 @ 6:02 am By Omar Faridi  |  

The team at Fintech Blend notes that as humans, we can’t help but to “celebrate and feel positive in the moments when we finish a task productively.” And yet, for many consumers (and lenders), the completion of the mortgage journey “can still feel somewhat underwhelming,”… Read More

December 18, 2021 @ 3:30 pm By Omar Faridi  |  

We recently caught up with Roxana Mohammadian-Molina, Chief Strategy Officer at UK’s Blend Network, a specialist development finance lender. Blend Network‘s Roxana Mohammadian-Molina talked about some of the landmark projects that they’ve helped out this year. She also commented on what her team is doing… Read More

December 14, 2021 @ 9:46 pm By Omar Faridi  |  

Temenos (SIX: TEMN), the banking software firm, has confirmed that KAF, a diversified financial services conglomerate in Malaysia, has chosen the Temenos Banking Cloud to introduce a digital lending business. KAF will reportedly be using Temenos Banking Services for handling retail loans and Islamic financing… Read More

December 13, 2021 @ 8:02 am By Omar Faridi  |  

European marketplace lender October has reportedly acquired a €30 million commitment from the European Investment Fund (EIF) and the Dutch impact investor Invest-NL in the context of the European Guarantee Fund (EGF) and the Dutch Alternative Credit Instrument mandates. As noted in an update from… Read More

November 25, 2021 @ 9:27 am By Omar Faridi  |  

Swedish Fintech firm Näktergal, which supports financial institutions with Cloud-powered platform solutions for digitized lending, has acquired EUR 1 million in capital via an investment led by Katalysen & Partners. Other investors are Stefan Backlund, ex- VP Marketing & Communications at Trustly, Jon Wimmercranz, ex-… Read More