LendingRSS

RHB and RinggitPlus launch chatbot lending in Malaysia

RHB Bank Berhad 1

Malaysia’s RHB Bank Berhad and RinggitPlus – a comparison website for financial products – have introduced “ChatBot’”, the “first” real-time messenger-style platform in Southeast Asia for personal loan applications. Consumers can apply for a loan via ChatBot on RinggitPlus’s website and obtain the results for eligibility via an SMS. The platform auto populates information provided […]

P2P lender Prosper’s valuation stands at $550m with new funding

Money coins piled up

US peer-to-peer (P2P) lending firm Prosper has landed $50 million in a Series G funding round. The capital comes from Hong Kong-based FinEx Asia and LPG Capital and raises the San Francisco-based company’s total equity funding to $410 million.

Kasasa rolls out Kasasa Loans

Tandem's future is secured

Fintech and marketing services company Kasasa unveiled its newest offering, Kasasa Loans, which lets consumers pay ahead to reduce debt and take that extra money back if they need it.

AutoGravity teams up with Hyundai Capital America

AutoGravity

Thanks to a new partnership between AutoGravity and Hyundai Capital America, California car buyers using AutoGravity have new financing options when looking to buy a Hyundai, Kia or Genesis vehicle.

Fintech funding round-up: 22 September 2017

Funding

There was a round-up yesterday because fintech funding won’t go away. More action featuring Tuition.io, Apiax and Etch. Tuition.io, a US-based employer-funded student loan repayment assistance platform, has announced a $7 million Series B funding round led by Wildcat Venture Partners with participation from existing investors Mohr Davidow Ventures and MassMutual Ventures, the corporate venture […]

Gulf Coast Bank & Trust turns to nCino for cloud-based lending

nCino

Louisiana’s Gulf Coast Bank & Trust has gone live with nCino’s cloud-based Bank Operating System, “increasing the efficiency and speed” of the commercial loan process. According to nCino, Gulf Coast Bank & Trust, a 113-year-old bank with branches throughout southeastern Louisiana, identified the need to replace numerous siloed systems with a solution that would automate […]

NatWest launches UK’s first paperless mortgage

NatWest

NatWest says it is to become the first UK bank to offer a paperless mortgage – as customers can now apply for a completely digital mortgage and share and verify documents online. The new proposition means customers don’t need to send signed paperwork or personal and private information through the post. Lloyd Cochrane, director of […]

Atlas Finance signs for Nucleus Software’s lendtech

New lendtech deal for Nucleus Software in South Africa

Atlas Finance, a microfinance lender in South Africa, has signed for Nucleus Lending Analytics from India-based lendtech vendor Nucleus Software.

Bank of Baroda teams with Amazon for SME lending

India

India’s second largest bank, Bank of Baroda, has got itself an “exclusive” micro lending partnership with Amazon. The bank says through this partnership it is running a process for underwriting Amazon sellers “who would traditionally not be able to procure a line at formal financial institutions”. The deal is part of the bank’s ambitions to […]

Nucleus Software signs TAB Capital for flagship lendtech platform, FinnOne Neo Cloud

India

India-based finance company TAB Capital is implementing a new lending system, FinnOne Neo, supplied by domestic vendor Nucleus Software. The solution will be delivered in the cloud.

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