alternative credit

Data, Tech Improve Productivity, Credit Access for Africa’s Smallholder Farmers
Data, Tech Improve Productivity, Credit Access for Africa’s Smallholder Farmers
March 31, 2022  |  Financial Inclusion

Smallholder farms make up over 60% of sub-Saharan Africa’s population, according to data from McKinsey, yet only about 20% of this region’s gross domestic product...

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Third Generation of BNPL Holds Potential to Reshape Entire Credit Industry
Third Generation of BNPL Holds Potential to Reshape Entire Credit Industry
March 28, 2022  |  Buy Now Pay Later

There was Web 1.0, Web 2.0, the mobile web, the metaverse — you get the idea. It’s an evolution. We find much the same pattern...

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UK’s Creditspring Launches New Credit Building Tool
UK’s Creditspring Launches New Credit Building Tool
March 21, 2022  |  Personal Finance

U.K. consumer credit provider Creditspring has launched “Step,” a credit-building product designed for people with limited to no credit history. “Step gives more people the...

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FinTech Stellar Closes $7M Round, Launches Beta Credit Platform
FinTech Stellar Closes $7M Round, Launches Beta Credit Platform
March 14, 2022  |  Investments

FinTech Stellar closed an oversubscribed $7 million initial funding round and launched a public beta on its credit-building and financial tools platform, according to a...

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TransUnion Launches BNPL Credit Tool
TransUnion Launches BNPL Credit Tool
February 24, 2022  |  BNPL

In what it described as a move to promote financial inclusion for 100 million buy now, pay later (BNPL) users, TransUnion has launched a new...

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BNPL Firm Klarna Brings ‘Klarna Card’ to US
BNPL Firm Klarna Brings ‘Klarna Card’ to US
February 17, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) banking platform Klarna is bringing its physical card to the U.S., three weeks after a U.K. rollout drew close to...

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FinTech PayU Rolls out Credit Payments in Romania
FinTech PayU Rolls out Credit Payments in Romania
February 15, 2022  |  eCommerce

Online payments solutions provider PayU on Tuesday (Feb. 15) debuted two credit solutions for Romanian shoppers, according to a company announcement. Bucharest-based online retailer eMAG...

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Banks Moving Off the Sidelines to Snag Piece of Growing Buy Now, Pay Later Market
Banks Moving Off the Sidelines to Snag Piece of Growing Buy Now, Pay Later Market
February 11, 2022  |  Buy Now Pay Later

Banks are getting ready to embrace buy now, pay later (BNPL) — likely in a major way. The urgency is there, as more than 40%...

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Small Businesses Need Credit, Lenders Need a Better Way to Assess That Risk
Small Businesses Need Credit, Lenders Need a Better Way to Assess That Risk
February 11, 2022  |  SMBs

Traditional credit scores — for decades, the prime metric to be granted or denied financing — is a bit of a relic, and in the...

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