Lovys Buys Out an AI Specialist
FACTS The InsurTech Lovys, behind a mobile app for subscribing insurance products (home and smartphone) uses AI technologies to expand thei...
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Paisabazaar Features Financial Services from Samsung Pay
FACTS In India, the digital platform for financial products Paisabazaar teams up with Samsung. This marketplace connects their customers wi...
Kount Unveils an AI-Powered Fraud Detection Tool
FACTS The online fraud prevention platform Kount introduces a next-generation AI-powered solution.
Bankin’ Raises €20M, Stresses Shift to Financial Coaching
FACTS The Paris-based FinTech Bankin’ just raised €20 million.
Consumer Lending: Pagantis Raises €65 Million, Aims for European Reach
FACTS The Spanish e-commerce financing platform Pagantis announces a €65 million Series B round table: the largest funding round to date in...
Lydia Applies Machine Learning Technology to Monitor Fraud Risks
FACTS At the NeurIPS conference in Montreal, the French challenger bank Lydia introduced a fraud prevention algorithm.
Tricolor Improves Risk Scoring Using AI Techs
FACTS Tricolor is the largest used vehicle retailer in the US focusing on the sale and financing of vehicles to Hispanic consumers.
Online fraud: CommerzVentures Invests in Fraugster
Fraugster, a German start-up using AI to spot fraudulent transactions, just raised $14 million. This round table was led by CommerzVentures and i...
Revolut Bets on Machine Learning Technology to Reduce Fraud Rates
The British neo-bank Revolut introduces a new range of tools intended to address card fraud and money laundering issues. These services build on ...
CredoLab and GoBear to Address Emerging Asian Markets
CredoLab –Singapore-based company focusing on alternative credit scoring– and the personal finance comparison website GoBear are teaming up to la...
Instant Digital Lending Services Expanded by ICICI Bank
ICICI Bank launches an instant digital lending service called PayLater for small ticket transactions online and in-store. This invite-only servic...
ICICI Bank Launches Express Car Loan for Savings Account Holders
ICICI Bank allows their savings account holders to apply for a pre-approved loan to buy a car. This financing option does not require the applica...
Social Commerce: Snapchat Partners with Amazon
Just like Facebook and Twitter, Snapchat released disappointing use rates for Q2 2018. They now try to win back Millennials, as well as their sha...
CASHe Granting Loans Based on Social Media Interactions
The digital lending platform CASHe introduces the first “alternate” credit rating system in India, aka “Social Loan Quotient” (SLQ). This service...
CASHe Partners with BankBazaar On Instant Credit
Instant credit offers are gaining traction quite fast, and the Indian market makes no exception. A few days ago EarlySalary acquired CashCare, no...
Credit: BBVA Signs Up to Be Part of Fintonic Loan Marketplace
BBVA Consumer Finance partners with the PFM app Fintonic. Through this agreement, and their APIs, they will be proposing loans via the marketplac...
Buy Now, Pay Later: EarlySalary Buys Out CashCare
A new deferred payment solution for online purchases is to be proposed in India as the consumer lending market sees EarlySalary acquire CashCare....
CredoLab Aims for Underbanked Segments through Data Analytics
The Singapore-based company CredoLab raised 1 million dollars from US global venture capital Walden International to focus on Asian and African r...
Consumer Lending: a Kenyan App Lands in India
The mobile-first financial services company Tala announces a 65 million dollars equity investment to expand to the Indian market via proposing th...
Goldman Sachs Buys Out Clarity Money
Yet another bank/FinTech acquisition has officially been announced in the US. The investment bank Goldman Sachs –which already made their ambitio...
