News

30May2017

Fintech lender MarketInvoice gets a boost as Portuguese bank puts £45 million on its platform

Portuguese bank BNI Europa has agreed to lend £45 million ($57.87 million) over MarketInvoice, a UK peer-to-peer lender for small businesses.

25May2017

KPMG acquires Hong Kong fintech

Accounting giant KPMG has acquired Hong Kong-based fintech Matchi, signaling the growing importance of fintech to professional service firms.

23May2017

Alternative finance ‘most successful’ part of fintech market despite Brexit, claims report

UK firms such as Funding Circle and LendInvest as well challenger banks have been among the fastest growing fintech firms.

18May2017

China's largest insurance company starts a fintech fund

China’s Ping An Insurance, the world’s largest insurance group, has launched its first overseas fund, aimed at investing in fintech.

16May2017

German fintech lender scores €110m equity investment

Kreditech, the German consumer finance firm, has raised €110m from PayU – a leading payments provider in 16 high growth markets globally.

11May2017

BlackRock and Aberdeen up stakes in Funding Circle SME Income fund

The world’s largest asset manager is increasingly bullish on fintech if its recent behaviour is anything to go by.

09May2017

UK digital lenders can harness growth opportunities with more tech innovation

A new report by S&P Global Market Intelligence estimates that as of the end of 2016, nine key digital lenders in the U.K. had originated £6.69 billion in loans since their respective inceptions.

05May2017

Deutsche Bank takes fintech bet with alternative credit platform stake

Deutsche Bank AG has acquired a 12.5 per cent equity stake in receivables auction platform TrustBills.

03May2017

AliPay, WeChat Processed $3 Trillion in 2016

Chinese consumers sent about $3 trillion in payments through Alibaba and WeChat payment services in 2016.

02May2017

Ex-Barclays CEO Antony Jenkins: We're 'beginning to see some Uber moments' in finance

Former Barclays CEO Antony Jenkins believes the global financial system is beginning to undergo the "Uber moments" he predicted in the sector a year and a half ago.