Fintech Press Releases

Latest press releases and industry updates in the financial services sector.

Borrowize Launches Enhanced Loan Comparison Website With Suite of Upgraded Tools & Educational Resources!

Brianna Douzoglou from Borrowize Co.
17 Apr 0012
Borrowize Co., a Los Angeles-based consumer finance platform dedicated to helping people save money by making educated borrowing decisions, is excited to announce the launch their completely reimagined online loan comparison website, www.borrowize.com. Borrowize connects borrowers to a vetted ne...

Los Angeles based social enterprise Motiv launches free banking and credit building

Yadi Younse from Motiv
13 May 2018
Los Angeles, California (May 13, 2018) - Motiv, a social enterprise with the mission of financial inclusion, has launched a free mobile bank account that also helps customers build credit. The account, which is available to everyone regardless of their income, credit or citizenship status, is fre...

Personal finance ‘paralysis’ costs the UK £18.7 billion every year

Ioana Popisteanu from Stand Agency
16 Oct 2018
• Not switching to a more competitive mortgage rate costs £2.5bn per year • Not switching or consolidating credit card debt costs £10.5bn per year • Not switching or consolidating personal loans costs £5.7bn per year • Personal finance ‘paralysis’ sets in after 21 minutes 16 October 2018,...

LendingFront Raises $4M to Help Lenders Modernize Small Business Lending Operations With Cloud Lending Software Platform

Jen Solomon from Newark Venture Partners
19 Aug 0001
New York, NY (January 8, 2019) – LendingFront, a leading small business lending software provider, today announced it has raised a $4 million Series A funding round led by Information Venture Partners with participation from Newark Venture Partners, Revel Partners, Contour Venture Partners and ex...

Credit Suisse-backed Tradeplus24 launches in Australia by ex-NAB exec

Jeremy Liddle from TradePlus24
11 Jun 2019
Credit Suisse-backed alternative lending start-up, Tradeplus24, is soon launching into Australia from its headquarters in Switzerland as the first step in its international expansion plans after raising 120 million Swiss francs (AUD173.6 million) in debt and equity in February. The move will ...

INSOLVENCY DATA FINTECH RED FLAG ALERT APPOINTS NEW CHIEF TECHNOLOGY OFFICER

Team from Chapman Poole
20 Sep 0030
Experienced chief technology officer James Wilson joins insolvency fintech firm Red Flag Alert to further develop the firm’s market leading business intelligence solution. The appointment also includes the acquisition of ID4-S.com, a product that will bring Trusted Identity Proofing & Corrob...

Freeze Debt X HubSolv - World’s First Debt Advice and Solutions App Incorporates Credit Referencing Tool

Elliot Horn from Freeze Debt
13 Oct 2020
Freeze Debt, the world’s first free debt advice and solutions app, has partnered up with HubSolv - an insolvency and debt management software specialising in providing the industry with the correct tools to improve the way they work. The two have teamed up to incorporate credit referencing int...