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JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY

JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
July 16, 2019  |  Earnings

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital...

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Digital Banking Partnerships Gain Traction in the US
Digital Banking Partnerships Gain Traction in the US
July 16, 2019  |  B2B Payments

Digital-only bank N26, based in Europe, has linked with Axos to launch in the US.  Elsewhere in Europe, Lloyds has partnered with Blue Motor Finance...

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Lendbuzz FinTech Raises $150M In Debt And Equity Financing
Lendbuzz FinTech Raises $150M In Debt And Equity Financing
July 16, 2019  |  Investments

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation...

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Goldman, UK’s Lendable Strike £200M Deal
Goldman, UK’s Lendable Strike £200M Deal
July 15, 2019  |  Loans

Goldman Sachs and personal loan startup Lendable from the U.K. have reached a £200m deal, in a sign of Goldman’s confidence in the startup, according...

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Samsung Pay Offers Payments, Credit To Indian Marketplaces
Samsung Pay Offers Payments, Credit To Indian Marketplaces
July 14, 2019  |  Partnerships / Acquisitions

Samsung has reached an agreement with an online marketplace for financial products in India that will allow consumers to apply for credit cards and loans...

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SoftBank Leads Funding For Brazilian Lender Creditas
SoftBank Leads Funding For Brazilian Lender Creditas
July 10, 2019  |  Investments

Japanese company SoftBank is leading a $231 million funding round for a Brazilian lending startup called Creditas, in a bid to shake up competition in...

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TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
TangoTrade’s Payment Assurance Out To Modernize The $3.1T Letter Of Credit Business
July 09, 2019  |  B2B Payments

In this era of digital commerce and payments, it can be easy to forget that many small and medium-sized business often fall through the cracks....

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India’s Struggling Alt Lending Sector A Risk To Economy
India’s Struggling Alt Lending Sector A Risk To Economy
July 05, 2019  |  Economy

The non-bank lending sector in India has seen a few defaults and failures, and has reduced consumer and business credit, according to a report by...

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Funding Circle Delays Canada Launch In Gloomy Forecast
Funding Circle Delays Canada Launch In Gloomy Forecast
July 05, 2019  |  B2B Payments

Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters said this week,...

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