Zventus has launched a solution designed to help lenders better compete with FinTech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for underserved Canadian consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
When the COVID-19 pandemic struck in 2020, the U.K.’s Financial Conduct Authority (FCA) asked the country’s lenders to offer payment deferrals as a means of supporting customers struggling to meet their repayment obligations because of the crisis. Get the Full Story Complete the form to...
Shares of AI-lending platform Upstart plunged more than 20% Tuesday (Nov 8) evening after the company said rising interest rates and a slowing economy saw its tally of new loans cut in half. Get the Full Story Complete the form to unlock this article and...
The percentage of subprime auto loan borrowers who have fallen behind on payments has risen by more than a percentage point over the last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Despite a legal challenge to its student loan forgiveness program, the federal government is reportedly sending refund checks for student loan payments that borrowers made during a moratorium on such payments during the pandemic. Get the Full Story Complete the form to unlock this article...
Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers it serves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan offers at lower interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
One doesn’t build a FinTech in New Zealand — with a population of five million souls and a bit more than half a million SMBs — to scale only in New Zealand. Get the Full Story Complete the form to unlock this article and enjoy...
