CFPB to regulate BNPL, considered akin to credit cards
The Consumer Financial Protection Bureau (CFPB), the federal agency responsible for protecting the financial interests of consumers in the USA, a...
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Stripe strengthens its open banking offering in the UK
The financial infrastructure platform took advantage of its annual conference to announce several new features for its UK customers. These includ...
Citi creates a financial bridge between Walmart and its suppliers
The American bank Citi has just announced the official launch of a financing platform dedicated to Walmart suppliers. Bridge built by Citi offers...
Feedback: why October is folding its business in Germany
When October launched its alternative lending business in Germany in 2019, it was based on the fact that this business was not well developed in ...
Finfrog raises funds to support its microcredit offer
Finfrog, the micro-lending FinTech, has just announced a major fundraising, six years after it entered the French micro-credit market. Its altern...
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...
Zopa abandons its core business
Zopa, a specialist in peer-to-peer lending, has gradually established itself as a leading UK FinTech company. It reached an advanced stage of dev...
Curve partners Cardlytics for rewards programme
FACTS A new partnership marks the transatlantic relationship between two recognized FinTechs: the American Cardlytics and the British Curve...
Upgrade offers its own current account
FACTS The American platform dedicated to consumer credit Upgrade has just announced the creation of its own current account. This n...
Bling is successful with its microcredit app
FACTS Bling is a mobile application carried by the eponymous FinTech, formerly known as Sherwood. It offers a cash advance solution open to...
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...
REX: Younited Credit Aims for International Expansion
The digital consumer lending company Younited Credit launched in Europe in May 2016 when Prêt d’Union rebranded to reach out for new countries. S...
French Customers Praising a Responsible Approach to Consumer Credit
More than 25% of the French households have subscribed a consumer credit line and the proportion of new borrowers has increased by roughly 3% in ...
Orange Bank Unveils a Credit Offer
Initially scheduled for Autumn 2017, Orange’s consumer credit service is now being made available to all their m-banking customers. Orange promis...
BBVA Compass Introduces Full-Digital Express Personal Loan
The US subsidiary of this Spanish group unveils a digital version of their consumer lending service, “Express”, for both customers and non-custom...
“Prêt Express” by La Banque Postale: Near-Instant Credit Online and in Branches
Over the past few weeks, La Banque Postale has been experimenting a near-instant granting process for consumer credit applications in their branc...
