Fintern taps AI and Open Banking to enter consumer loans market
Fintern is aiming to shake up the market for low-value consumers loans with the launch of credit technology that bypasses credit scores.
UK’s biggest lenders to unveil plans for ‘open banking’ rollout
Britain’s biggest lenders will this week unveil proposals for a not-for-profit company to oversee the industry’s attempt to bolster competition.
UK P2P lender JustUs secures over £1.3m in capital to disrupt lending with better crowdfunded financial products
JustUs says it aims to “disrupt” the lending landscape and become an established provider of crowdfunded financial products.
Yolt Technology Services brings Open Banking to mortgage lending
ING Bank-backed Open Banking vendor Yolt Technology Services is to expand its Account Information Services to support UK mortgage lenders.
London’s P2P invoice financing platform MarketFinance increased lending to over £340 million this year
Stocker claims that MarketFinance is now ending the year “stronger, bigger and more ambitious than ever before.”
UK based P2P lender Proplend claims it almost reached profitability in 2020 despite COVID-19
UK-based P2P lender Proplend almost managed to reach profitability this year despite COVID-19 related challenges.
Sourced Capital hits £10m milestone
Warrington-based peer-to-peer lending company Sourced Capital has raised more than £10m in P2P finance loans during 2020.
Ready Money offering technology-driven financial solutions for individuals and businesses
Ready Money Capital Limited recently started offering technology-driven financial solutions to their individual and corporate clients.
