Europe’s banks have a golden chance to boost #lending to #SMEs by creating products personalised to customers’ needs, for this potentially high-growth market in a post-pandemic recovery. Find more in the whitepaper by @fintech_os #LendingUP! #SMELending buff.ly/3xTYLYZ

. @alokmittal001 will share @indifitech approach to make #lending processes smart by minimising risk, reducing paperwork and associated costs, while providing a simple and hassle free experience setting #MSMEs on the path to growth: next week at #LendingUP! #SMELending

New #SmartData models will enable @CoopSverige #MedMera #Bank to work with advanced profit scoring as integral part of the #credit assessment. It includes risk of churn, of bankruptcy, win pricing and much more. #Scoring #LendingSolutions w @TietoEVRY buff.ly/3CEoZ2V

British @Zopa, world's first #P2PLending founded in 2005, is now valued at $1bn after a $300m funding round led by @SoftBank_Group. This makes it the latest European #FinTech to achieve #unicorn status. #lending #ConsumerLoans #AI #PersonalLoans buff.ly/3GcWcF2

. @AGAMInternatio2 intends to revolutionise traditional #lending systems in #EmergingMarkets. A proprietary scoring tech helps individuals unlock the power of #AlternativeData to create their own #CreditScore in minutes. #Instant #DigitalLending buff.ly/2XpCkNm

. @iwoca joined the 70 other lenders accredited to #UK's newest support package for #SMEs, the #RecoveryLoanScheme. iwoca also plans to introduce a tailored #MentalHealth support package for SME owners. buff.ly/3arfFmA

#FinTech #SunFinance expanded its foothold in 7 new countries. After the launch of instalment loans in Kazakhstan, and soon across all locations, next is #BuyNowPayLater. #OnlineLending #OnlineLoans #ConsumerLending #MobileLending buff.ly/3l6ZLE8

Besides the investment, @MarketFinance became one of the first #FinTechs to be accredited under the #CBILS, which lent £250 million to companies across the #UK. buff.ly/3nP95hK

Lisa Jacobs will succeed Samir Desai as CEO of @FundingCircleUK from 2022. Jacobs joined the #lending platform in 2012 as Chief Strategy Officer. Earlier, she was a #FinancialServices consultant at BCG. #P2PLending #SMELending #Loans #automation buff.ly/3k8SraI

. @iwoca launched a #CashAdvance product on @FundingXchange for online sellers. #OpenBanking will allow fully automated revenue-based repayments to #eCommerce businesses with a bank account on the marketplace. #SMEs #Loans #Lending #APIs @herrling_katrin buff.ly/3BOvT56

The #pandemic accelerated it further but, still, too many lenders struggle to achieve the expected objective from the tech investment in #DigitalLending. Why? @GiladAmir writes on the dos and don'ts of building a digital lending system. buff.ly/3DsIbSf

The goal is to make #BusinessLoans more accessible to small entrepreneurs, reducing the #CreditGap in India’s #MSME. @Facebook won’t be involved in eligibility or recovery of the #loans: @indifitech will evaluate the business and bear the risk. #Lending buff.ly/3mrmrQK

In the #US, @Citi launched Bridge, a " #digital meeting place " to connect #SMEs with regional, local and community #banks online for #loans up to $10m: a pledge to financial inclusion, innovation and #DigitalFirst solutions. #DigitalLending #Lending buff.ly/37DvncX

#AlexBank created an efficient cost structure, offering better #ConsumerCredit options such as competitive #loans with no upfront, ongoing or hidden #fees, while addressing the digital preferences of #millennial and #genZ consumers. With @Temenos #SaaS buff.ly/3yP4cYR

. @RAKBANKlive leveraged Infosys @Finacle platform, easing the terms of #loans and helping borrowers adopt digital technologies in their businesses. More about digitisation journeys & the importance of a wider #FinTech #Ecosystem w @gulf_news #SMELending buff.ly/3fpUy72

. @CredoLab estimates that African #lenders cannot obtain #CreditBureau scores for 70% of applicants and simply reject them, and that social demographic data can bring you only so far. #Lending #CreditScore buff.ly/3hVoxpg

. @fincludeAI provides #CreditScoring and affordability profiles using #MachineLearning, addressing the lack of a common credit scoring system across #EU. With its solution on the @IBM Cloud, Finclude will scale more rapidly. #CreditDecisions #Lending buff.ly/3zy4X8D

A deal will see #CrediLinq .ai use @ValidisGlobal #API to access accounting data, speeding up the #UW process, enable faster access to funding for #SMEs, reporting and transparency to investors and monitoring of #loans. #APAC #CreditScoring #lending buff.ly/3hxGQjW