Tide rolls out B2B BNPL product on £100 million debt raise
Tide is to roll out a BNPL pay-in-four credit product to all elgible clients after securing a £100 million debt facility from Fansanara Capital.
Pomelo combines US consumer credit with international money transfer to Philippines
Pomelo’s partnership with Mastercard and Coastal Community Bank enables US immigrant customers to use and build credit while supporting family and friends overseas.
Ally Financial auto originations jump 12.2%
Ally Financial’s auto originations rose in the second quarter as application volume set a record and lease activity picked up. …
Industrywide originations dip 1% amid affordability challenges
Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players…
Primer launches AI companion for payments teams
London-based payments and commerce infrastructure provider Primer has launched an AI agent for payments teams.
Abu Dhabi to launch world’s first regulated carbon trading exchange and clearing house
AirCarbon Exchange (ACX) has been approved by Abu Dhabi Global Market to create the world’s first fully regulated carbon trading exchange and carbon clearing house.
Even with slight improvement in September, auto credit availability remains tight
FTX gets green light to repay billions to customers
Customers of failed crypto exchange FTX will receive up to $16.5 billion under a bankruptcy plan approved by a US judge.
Motorhome values climb 13.6% in March
Seasonal trends brought strength to motorhome values, which climbed year over year in March while towable values declined during the…
DBS builds GenAI bridge for SMEs
DBS in Singapore plans to reach out to 50,000 SMEs to equip them with GenAI tools and technology to help boost productivty
Tandem Bank appoints chief impact and marketing officer
Tandem Bank has appointed Georgina Whalley to the newly-created role of chief impact and marketing officer with a mandate to focus on building the digital bank’s green credentials.
People’s Bank of China opens digital yuan operation centre in Shanghai
On Thursday, the People’s Bank of China (PBOC) opened a digital yuan (e-CNY) international operations centre in Shanghai, in a move to drive CBDC innovation.
Lease equity turns negative for first time since 2020
Lease equity has turned negative for the first time in five years, likely prompting an uptick of lease returns to the wholesale used-vehicle market. The Cox Automotive Lease Equity (CALE) trends metric stood at negative $389 in November…
Open Mineral raises $33m for metal commodity trading platform
Open Mineral, a global digital trade platform for base metal commodities, has raised $33 million in a Series C funding round led by Mubadala Investment Company.













