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SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding

SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding
SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding
June 13, 2022  |  Acquisitions

Credibly, a Michigan-based FinTech lending platform, on Monday (June 13) announced a pair of deals it said will drive growth in the home repair-financing space....

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El Salvador Weekly: Bitcoin Experiment Is Failing Badly One Year In
El Salvador Weekly: Bitcoin Experiment Is Failing Badly One Year In
June 10, 2022  |  Bitcoin

Almost year ago Sunday (June 5), President Nayib Bukele announced El Salvador would make bitcoin a legal tender, on par with the U.S. dollar. Get...

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EMEA Daily: EU Unveils New BNPL Rules
EMEA Daily: EU Unveils New BNPL Rules
June 10, 2022  |  emea

In today’s top stories from Europe, the Middle East and Africa, the European Union prepares new rules for buy now, pay later (BNPL) companies that...

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EU Council’s Amendments to Consumer Credit Bill Favor BNPL Providers
EU Council’s Amendments to Consumer Credit Bill Favor BNPL Providers
June 10, 2022  |  BNPL

The EU Council, one of the legislative bodies of the European Union, agreed on Thursday (June 9) on the revision of the consumer credit directive...

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Apple Ditching Banking Partners in BNPL Scheme
Apple Ditching Banking Partners in BNPL Scheme
June 09, 2022  |  Apple

Instead of having a banking partner like other buy now, pay later (BNPL) programs, Apple is going rouge and is handling the lending itself through...

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Affirm’s Plummet Could Portend Trouble for BNPL Space
Affirm’s Plummet Could Portend Trouble for BNPL Space
June 08, 2022  |  BNPL

Buy now, pay later (BNPL) has been around in some format for a very long time, but the current version hit the financial scene somewhere...

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Next-Gen Commercial Banking Tracker: Embedded Finance Takes Center Stage
Next-Gen Commercial Banking Tracker: Embedded Finance Takes Center Stage
June 07, 2022  |  Loans

Corporate banking clients are becoming increasingly demanding when it comes to getting advanced digital tools and support from their financial institutions (FIs), according to the...

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Real Estate Platform Opendoor Launches Mortgage Finance App
Real Estate Platform Opendoor Launches Mortgage Finance App
June 06, 2022  |  Real Estate

Real estate digital platform Opendoor has launched a financing app that the company claims lets consumers get pre-approved for a mortgage in under two minutes....

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PPP Gave FinTechs Ideal Opening to Challenge SMBs’ Loyalty to Banks
PPP Gave FinTechs Ideal Opening to Challenge SMBs’ Loyalty to Banks
June 06, 2022  |  SMBs

“In some ways, it feels like a vague memory. Other times, it feels like it was just yesterday. It was an unbelievably trying time for...

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