Turkey is changing its banking laws in regards to financial assets and debts
Things are changing in the Turkish banking sector with the country’s government having just declared legal changes to how people and companies can access their capital. It is also changing the laws around debt collecting.
AdviceRobo launches new PSD2 API CatRobo for transactional data categorization
Risk-management solutions company AdviceRobo has launched a new tool to help lenders live up to the requirements set out in the EU’s EU’s Revised Payment Service Directive (PSD2) and to better manage risks.
MO Tecnologías chooses IdentityMind to automate onboarding for LatAm borrowers
RegTech 100 company IdentityMind has been chosen by Mexican FinTech MO Tecnologías to automate its secure onboarding.
MortgageHippo bags $2.5m for white-labelled online platform
Mortgage tech provider to lenders MortgageHippo has secured $2.5m in a Seed round of funding. The investment comes from CMFG Ventures, the VC are of CUNA Mutual Group.
Neyber picks up £7.5m for employee financial wellness
Employee financial wellness startup Neyber has picked up £7.5m in a Series B round. The investment comes from existing backer Police Mutual as well as a former Deutsche Bank COO and Credit Suisse Investment Bank co-head.
UK SME lender Boost Capital secures £15m credit line
UK specialist business lender Boost Capital has secured a £15m credit line from US investment firm Atalaya Capital Management.
First Circle bags $1.3m to bring SME lending to South-East Asia
South-East Asian SME lender First Circle has raised $1.3m in a new round from Accion Venture Lab and Deep Blue Ventures.
UK SME lender Fleximize lands £16.3m
SME lender Fleximize has secured a £16.3m financing facility from specialist investment fund Hadrian’s Wall Secured Investments.
Former Lending Club CEO launches rival platform with $60m
Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.
Nigerian SME lender Lidya pockets $1.25m
Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Newid Capital and several angel investors also participated.
