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Whilst mainstream lenders are trying to lose the connotation of payday loans, a wave of fintech are looking to offer complete alternatives. The high lending and ‘payday’ industry continues to attract criticism from politicians, religious figures and the press. In 2014, the industry was worth over £2 billion and had over 50 lenders – but this number is dwindling following t...
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From financing the next generation transport solutions, to offering digital transformation to drive business excellence, Volvo Financial Services are looking for innovative startups for their new US based, 10-week iLabX accelerator program.  iLabX will provide entrepreneurial companies from around the world with the opportunity to work with senior execs from VFS to develop and implement new ...
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Crypto financial services startup Nebeus launches a £1.1m crowdfunding campaign to bring banking services to 2 billion unbanked citizens.   The World Bank estimates that the potential market value of the 2 billion global unbanked, which includes 138 million Europeans, is £380 billion. Step forward Nebeus, a London-based fintech platform which is working to bridge t...
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Are Price Comparison Websites (PCWs) really any good for insurance consumers? Insurtech Startup honcho doesn't think so. Their solution, a reverse-auction marketplace, is looking to revolutionise the way people buy insurance, by making insurers bid and re-bid to win a consumer’s business. Say what? Yes that's right, honcho - is a mobile-first reverse-auction marketplace where insurers...
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