Tuesday, July 27, 2021

Nava Finance gets UK regulatory OK for lending

Nava Finance has been granted approval by the UK’s Financial Conduct Authority (FCA) to begin offering personal loans to consumers. Read more: www.bankingtech.com

Credit bureau, FinTech firm partner on product for mortgages

Experian has introduced software to speed up the processing and approval of consumer mortgage applications. Read more: www.americanbanker.com

P2P lender Flender picks Equifax to underwrite SME loans

Peer-to-peer lender Flender has selected Equifax Limited to support the underwriting for UK small and medium enterprises (SME) loans. Read more: www.crowdfundinsider.com

LendingCrowd announces P2P investor joining bonus

Last week, UK-based alternative finance lender for SMEs, LendingCrowd, announced the launch of its new P2P deal to investors. Read more: www.crowdfundindider.com

Raise.me pockets $12m to change student loans

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round. Read more: www.fintechroundup.com

Kuflink’s P2P lending platform receives FCA authorisation

Kuflink has received full authorisation from the Financial Conduct Authority (FCA) for its peer-to-peer lending platform. Read more: www.crowdfundinsider.com

4thWay predicts a 50% growth in the UK P2P lending market

According to 4thWay's numbers, UK market lending will deliver another “record year”, with a total of £3.02 billion facilitated via 35 various platforms. Read more: www.crowdfundinsider.com

SMEs’ self-service banking leads to downsize

DNB, is taking a new approach to its SME customers as small businesses turn to digital, self-service banking solutions. Read more: www.pymnts.com

FinTech Zopa is launching a bank

Zopa, the London-fintech credited with inventing P2P lending, is launching a challenger bank to enhance their market-lending business. Read more: www.uk.businessinsider.com

Online lender Blackmoon partners with ID Finance

ID Finance has integrated with Blackmoon and is now executing investment transactions. Read more: www.crowdfundinsider.com