Flex loans, the new mini loan from Wells Fargo
Flex Loan, which will be rolled out in the US this year, offers eligible customers a loan of $250 for a flat fee of $12, or $500 for a fee of $20...
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Amazon launches cash advances to merchants
Amazon has launched a new financing solution, a cash advance for merchants, offered in partnership with Parafin. After a series of innovatio...
Volkswagen Bank launches instant express loan offer with Credi2
Credi2, a Viennese FinTech specialising in white label solutions in the BNPL, counts among its clients renowned groups such as Apple, Raiffeisen ...
Credix organizes loan financing with stablecoins
A Belgian FinTech, called Credix, has big ambitions for the crypto-asset based credit market. It is targeting its offer to emerging countries and...
LCL takes its turn in instant loans
Between the success of BNPL and fintechs offering instant loans, traditional banks have seen their lending business seriously undermined. After a...
Qard presents its API dedicated to Open Finance
Qard is a French FinTech that used to offer loans and a cash management service to small and medium-sized businesses. Moving away from this core ...
In brief: Alma wants to accelerate in business financing
The fintech Alma, which specializes in fractional and deferred payments, has just announced that it has validated the obtaining of a double appro...
With MyCard, CaixaBank invents a hybrid model between debit and credit cards
FACTS CaixaBank has just introduced its new customer service concept called MyDreams. It is based on a redesigned consumer loan offer.
AusLoans: Three Clicks for a Car Loan
FACTS AusLoans Finance Group –Australian broker focusing on car financing– crafted a software program called Zink for instant credit assess...
Pass Flash TPE: Younited Credit Further Looking into SME Lending
FACTS Bpifrance, Crédit Mutuel de Bretagne, the Brittany region and Younited Credit teamed up on jointly launching “Pass Flash TPE”, a fina...
Tencent Selling Loans through Video-Streaming Platform
FACTS WeBank, digital bank by Tencent, introduces a new lending offer available from their video-streaming platform.
REX: Banque Casino Claims 3 Million Customers
Photo credits: survey by OpinionWay – June 2019 FACTS Banque Casino reports strong results for the third year in a row. They now claim...
Upgrade Binds Credit Card and Personal Loan
FACTS The American FinTech Upgrade launches the Upgrade Card, a credit card and a hybrid product, almost working like a personal loan.
LCL Builds New Assistance Service for Tenants
FACTS LCL unveils Entre2Loc, a personal loan packaged as a next-generation affinity-based assistance service for young tenants.
Payments News in Brief – September 2019
Players’ Strategy UNITED KINGDOM – Curve opened their capital to large audiences for a short while via the crowdfunding platform CrowdCube....
Franfinance Applies Open Banking to Credit Granting Processes
FACTS Franfinance added a new tool to support their decisioning process: this service has been in place since this summer and is meant for ...
SympliFi Unveils an Alternative to Remittances
FACTS The start-up SympliFi recently launched a lending service for customers in Zimbabwe with family residing in the UK.
Xiaomi Rolls Out Consumer Lending Offer in India
FACTS Mi Credit by the Chinese smartphone maker Xiaomi was presented in May 2018 and will soon be made operational in India.
Monzo Introduces a Consumer Lending Service
FACTS Following a successful test phase, Monzo now lets their nearly 3 million customers apply for loans ranging from £200 to £15,000, over...
Visa Teams Up with Open, Aims for SMEs
FACTS The Indian FinTech Open announces a strategic partnership with Visa.
