United Overseas Bank, Pintec Technology launch new credit assessment AI
United Overseas Bank Limited (UOB) and Pintec Technology Holdings have launched a new joint venture, Avatec.ai.
Juvo to help the unbanked through new partnership with DOCOMO
Juvo will combine its financial identity and credit lending capabilities with DOCOMO Digital’s payment platform as part of new partnership.
Venio launches its credit app in the Philippines
New York-headquartered Venio has begun offering easy-to-access credit facilities to unbanked consumers in the Philippines.
TomoCredit has secured $7m in a new financing round
US-based credit card company TomoCredit has secured a $7m cash injection.
Singapore-based Finbots.AI scores $3m for its credit risk solution
Singapore-based Finbots.AI, which helps firms better handle credit risk, has collected $3m in its Series A funding round.
Credit solution platform Cortera raises $10m in its Series B
Cortera, which provides credit data solutions, has raised $10m in its Series B which was led by Hearst Fitch Group Financial Venture Fund.
Robert Bell of 86 400 believes that open banking wont show any effects for...
If everything goes according to plan, then Australia will introduce open banking in July. The founder of neobank 86 400 cannot wait, but believes the benefits will take some time to manifest.
Monedo has filed for bankruptcy because of the coronavirus
Another German FinTech giant bites the dust with Monedo filing for bankruptcy after the pressures of Covid-19 became too much for the once celebrated company backed by investors like Peter Thiel and Naspers.
Starling secures lender accreditation for UK Recovery Loan Scheme
Starling Bank has received accreditation by the British Business Bank to be a lender under the UK government-backed Recovery Loan Scheme (RLS).
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.
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