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Fintech funding round-up: 20 November 2017

A businesswoman selection a Funding concept on a portable computer.

Coming straight after Friday’s (17 November) fintech funding action, here’s another round-up. Features Xiaomi’s interest in India, Bamboo Capital Partners, First Access, Allied Irish Banks and TransferMate. Chinese phone and appliances maker Xiaomi plans to invest around $1 billion in 100 start-ups in India over the next five years, according to chief executive Lei Jun […]

Top fintech stories this week – 10 November 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Redline’s lendtech powers new motor finance platform at Shawbrook Bank

Shawbrook Bank

UK-based challenger bank Shawbrook has launched a new lending platform for the motor finance marketplace, powered by Cognition Direct, a direct-to-customer loan decisioning engine from Redline.

Iberiabank selects nCino for cloud-based lending

Iberiabank has selected nCino’s cloud-based Bank Operating System to process services across several lines of business, including commercial and SME lending and treasury management.

MarketInvoice rebrands, moves into UK business lending

marketinvoice

UK-based MarketInvoice has expanded into the business lending space, complementing its suite of invoice finance solutions. The firm says it has rebranded itself into “a business finance company”.

AsiaKredit launches consumer lending mobile app, pera247

AsiaKredit, a Southeast Asia digital consumer lender, has unveiled pera247 in the Philippines – its data-driven consumer lending platform mobile app.

Map: fintech landscape

Fintech Map

A very detailed map of the current fintech landscape, produced by VentureBeat, listing hundreds of companies in the banking, payments, investments, financing, insurance, infrastructure and enabling technologies verticals.

AutoGravity partners with Global Lending Services

AutoGravity

Citing the strong “alignment between car shopper and car dealer motivation”, Global Lending Services has forged a partnership with auto financing specialist AutoGravity.

Case study: the technology behind P2P

Julian Cork, Landbay

The UK peer-to-peer (P2P) lending market has flourished in the last decade. Lending volumes among the major platforms are increasing rapidly, pushing the cumulative total above £7 billion for the first time, as the understanding of the investment model continues to grow.

Castle Trust in mortgage tech modernisation project with Phoebus Software

castle-trust

Castle Trust has appointed Phoebus Software for all of its mortgage servicing, allowing to “significantly” reduce the time and cost it takes to service its mortgage book.

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