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