Credit referencing and support

334 articles tagged with this keyword

/retail

Brazil's QI Tech hunts acquisitions after $63m raise

Brazilian financial infrastructure fintech QI Tech has raised $63 million in a Series B extension funding led by General Atlantic.

/ai

RBC taps proprietary AI model for credit decisions

Royal Bank of Canada is using its own proprietary AI foundation model to improve credit adjudication capabilities and loyalty programme personalisation.

/inclusion

Equifax Australia and Mastercard use open banking to boost credit access

Equifax and Mastercard are using open banking data to boost credit access for millions of Australians with limited or no credit history.

/inclusion

LemFi buys Pillar to expand credit services to immigrants

LemFi, a financial services platform for immigrant communities has acquired UK fintech Pillar to expand its credit services. Terms of the deal were not disclosed.

/startups

Payroll data startup Teal raises £1.4 million

Payroll data platform Teal has raised £1.4 million in pre-Seed funding led by Passion Capital.

/ai

Liberis builds AI underwriting agent

Embedded business finance platform Liberis has launched a proprietary AI underwriting agent built to boost accuracy and slash decision times.

/ai

Citi joins Series A for AI-powered B2B embedded finance platform CrediLinq

AI-powered B2B embedded finance platform CrediLinq has closed a $8.5 million Series A funding round led by OM/VC and MS&AD Ventures.

/retail

Egypt's MoneyFellows raises $13m for digital money circles

Egyptian fintech Money Fellows has raised $13 million for its mobile-based platform for money circles - where a group of people put funds into a pot for a specific period so that they can save and borrow together.

/devops

Experian doubles innovation office space in India

Experian has significantly expanded its Global Innovation Centre (GIC) in Hyderabad, doubling its office space.

/retail

Experian taps open banking for new Cashflow Score

Experian is embracing open banking with a new product that lets Americans share their transaction data to get a 'Cashflow Score' that firms can use when making credit decisions.

/crypto

MoonPay secures $200 million revolving credit line from Galaxy

In what has been dubbed one of the largest of its kind in the crypto industry, MoonPay’s credit line with Galaxy comes at a time of unprecedented momentum for the crypto industry, ensuring the solution provider is in a position to capitalise and solidify its role in the global digital economy.

/payments

BNPL credit startup Qlarifi raises £1.4 million

Qlarifi, a fintech start-up building a BNPL consumer credit database, has raised £1.4 million in pre-Seed funding.

/inclusion

HSBC joins $51m funding round for immigrant neobank Zolve

Zolve, a neobank for immigrants to the US is planning international growth after securing $51 million in a Series B funding round led by Creaegis and joined by HSBC.

/inclusion

JPMorgan Chase invests in FairPlay

JPMorgan Chase has joined a $10 million investment round in FairPlay, a "Fairness-as-a-Service" company using AI fairness techniques to reduce algorithmic bias in lending.

/startups

HSBC invests €36m in London fintech ClearScore

ClearScore, a London-based startup providing credit scoring services, has secured €36.1m in debt financing from its principal backer HSBC.

/payments

Fico to add BNPL data to credit scores

Following a year-long study with Affirm, Fico is planning to add buy now, pay later data to its credit scores.

/inclusion

Davos: SC Ventures, Yabx invest $10m in purpose-driven lending platform Furaha

Standard Chartered’s innovation, fintech investment and ventures arm and Yabx Technologies, a Tech Mahindra group company, have signed a set of agreements to formalise their joint investment in Furaha.

/retail

DriveScore helps good drivers get cheaper car finance

DriveScore, a UK app that uses telematics to track how users drive to help them save on insurance, is moving into car finance.

/retail

Intelligent Lending acquires TotallyMoney

Manchester-based Intelligent Lending has acquired credit scoring and personal finance app TotallyMoney.

/retail

TransUnion to acquire Monevo

Credit bureau TransUnion is to acquire UK-based Monevo, a provider of loan prequalification data for banks to deliver personalised offers to consumers via comparison websites and other third parties.