Chinese credit assessment startup Wecash lands $80m

Chinese online credit evaluation platform Wecash has raised $80m in a Series C round from China Merchants Innovation Investment Management, Forebright Capital Management and SIG.

ESMA calls for evidence on credit rating information availability

The European Securities and Markets Authority (ESMA) has called for evidence on the availability and use of credit rating information and data.

CRED secures $806m valuation on the back of Series C raise

India-based FinTech CRED has secured $81m in a new Series C round and bought shares worth $1.2m from employees.

Credit scoring company Nordigen bags €700,000 in funding

Nordigen, a company which helps financial institutions build accurate credit reports, has received €700,000 in funding.

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

ESMA publishes framework for fourth central counterparty stress test

The European Securities and Markets Authority (ESMA) has announced the framework for the fourth version of its Stress Test for Central Counterparties (CCPs).

Why Australia is seeing a rise in challenger banks

Digital banks are on the rise Down Under. However, competing with the big four banks won’t be a walk in the park.

TransUnion invests in and partners with FinLocker to aid consumers with the mortgage process

Credit score company TransUnion has made a $20m Series A-1 investment into personal finance app FinLocker, alongside the establishment of a new commercial partnership agreement.

FinTecSystems swipes Series A round for real-time data

FinTecSystems, a Munich-based provider of real-time financial data, has closed a Series A round.

Loan comparison platform AskRobin said to raise $1.7m in funding

Estonia-based AskRobin, which helps consumers to compare loans, has reportedly raised $1.7m in funding.

News Stories

Sustainable banker Ando pulls in $6m seed financing

Sustainable banking service Ando has raised $6m from a seed funding round led by TTV Capital.

Nigeria-based Brass collects $1.7m in funding

Nigeria-based Brass, which provides businesses with banking tools that meet their needs, has reportedly collected $1.7m in funding.

India’s IDfy sets sights on further international growth

India-based IDfy, which provides ID verification and onboarding solutions, has raised INR 86 crore ($11.4m) in its Series D funding round.

What will the European payments industry look like in 2030?

A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.

Helping customers invest in business – SMBX scores $11m seed round

SMBX, a marketplace for retail investors to invest into small businesses, has raised $11.5m in a seed round

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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