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London fintech Yapily latest to benefit from Open Banking goldrush

The drive towards Open banking in Europe is creating an attractive environment for fintech fund raising, with London-based Yapily the latest to benefit, securing a £4.3 million seed round from King’s Cross-based venture capital firm Localglobe and HZ Holtzbrinck Ventures.

Credit conditions drifting into ‘low gear’

Experts shared not-so-rosy viewpoints about credit conditions, sales expectations and more, as the industry began the fourth quarter. S&P Global Ratings said through a report released last week that credit conditions for borrowers in North America are set to slowly … [Read More]

CACC originations rise 24%

Subprime lender Credit Acceptance Corp.’s origination volume grew on a dollar and unit basis in the first quarter as the…