Credit provider

Listed credit provider slips to £40m after ‘difficult’ year | Yorkshire Business News

Morses Club have slid to a pre-tax statutory loss of over £40m after a ‘challenging’ year for the listed home loan provider. The Batley-based business reported a pre-tax statutory loss of £42.9 million for the 52 weeks to February 26, 2022, compared to a profit of £500,000 in 2020/21. Group turnover increased by 11.2% to […]

Credit provider

Listed credit provider slips to £40m after ‘difficult’ year | Yorkshire Business News

Morses Club have slid to a pre-tax statutory loss of over £40m after a ‘challenging’ year for the listed home loan provider. The Batley-based business reported a pre-tax statutory loss of £42.9 million for the 52 weeks to February 26, 2022, compared to a profit of £500,000 in 2020/21. Group turnover increased by 11.2% to […]

Credit provider

Customer demand fuels positive credit provider results

Unsecured consumer credit provider International Personal Finance (IPF) made pre-tax profits of £33.8m (H1 2021: £43.3m) in the six months to June 30, 2022. Underlying pre-tax profit for the Leeds-based business in the first half of the year increased by 45%, after excluding reversals of Covid-19 impairment provisions in the first half of 2021 of […]

Credit provider

Credit provider sues Complaints Co. for ‘unlawful’ practice

By Joel Poultney (June 20, 2022, 5:20 p.m. BST) – A company providing consumer credit lines has sued a complaints management company for its alleged failure to properly investigate claims it filed, accusing the defendant of breached its regulatory obligations and unlawfully brought charges. SafetyNet Credit says in a recently released June 9 High Court […]

Credit provider

Credit provider sues Complaints Co. for ‘unlawful’ practice

By Joel Poultney (June 20, 2022, 5:20 p.m. BST) – A company providing consumer credit lines has sued a complaints management company for its alleged failure to properly investigate claims it filed, accusing the defendant of breached its regulatory obligations and unlawfully brought charges. SafetyNet Credit says in a recently released June 9 High Court […]

Credit provider

BillEase secures $20 million from credit provider Lendable – Back End News

BillEase, a cardless buy now, pay later (BNPL) and consumer credit application in the Philippines, closed a $20 million credit facility with Lendable, an emerging markets credit provider. The new funding comes on top of recent Series B equity funding of $11 million raised from BurdaPrincipal Investments, MDI Ventures and KB Investment, among others, and […]

Credit provider

BillEase secures $20 million from credit provider Lendable – Back End News

BillEase, a cardless buy now, pay later (BNPL) and consumer credit application in the Philippines, has closed a $20 million credit facility with Lendable, an emerging markets credit provider. The new funding comes on top of recent Series B equity funding of $11 million raised from BurdaPrincipal Investments, MDI Ventures and KB Investment, among others, […]

Credit provider

RCS Group acquires online credit provider Mobicred in South Africa

Young South Africans are the fastest growing group of online shoppers in the country and it is imperative to provide this group of digital natives with access to credit.As part of its push for financial inclusion in Southern Africa, RCS, the consumer credit arm of global bank BNP Paribas, has announced its acquisition of South […]

Credit provider

RCS Group acquires online credit provider Mobicred in South Africa

Young South Africans are the fastest growing group of online shoppers in the country and it is imperative to provide this group of digital natives with access to credit.As part of its push for financial inclusion in Southern Africa, RCS, the consumer credit arm of global bank BNP Paribas, has announced its acquisition of South […]

Credit provider

RCS Group acquires online credit provider Mobicred

RCS CEO Regan Adams. Online financial service provider RCS group acquired an online credit provider Mobicredas it seeks to provide online shoppers with a wider range of credit-based offers. Founded in 1999, RCS is the consumer finance arm of global bank BNP Paribas, specializing in offering financial services and products to customers in association with […]

Credit provider

The Egyptian SODIC offers to buy Orascom Real Estate for 125 million dollars

Egyptian property developer SODIC has offered to buy Orascom Real Estate for $125 million, the parent company of residential builder Orascom Development Egypt announced on Tuesday (October 25th). SODIC headquarters building on the outskirts of Cairo, Egypt. Source: Reuters/Amr Abdallah Dalsh Abu Dhabi’s Aldar Properties and state holding company ADQ acquired a majority stake in […]

Credit provider

Minister Nzimande ends administration of Coastal TVET College

The Minister of Education, Science and Innovation, Dr Blade Nzimande, has reached a mutual agreement with Coastal TVET College Administrator, Ndoda Biyela, to end the period of administration of by the end of August 2022. The Department of Further Education and Training said it had begun the process of appointing a permanent college principal to […]

Credit provider

RCSI-Acquisition of online credit provider, Mobicred. – SENSES

RCSI-Acquisition of Online Credit Provider, Mobicred. BNP Paribas Personal Finance South Africa Limited(Incorporated in the Republic of South Africa)(Registration No. 2000/017884/06)Company code: RCSI(“BNPP PF South Africa” or “RCS”) Acquisition of online credit provider, Mobicred In alignment with its drive towards digital transformation and e-commerce expansion in SouthernAfrica, RCS group announces its acquisition of SA’s leading […]

Credit provider

The largest trimerge credit provider has a new name: Xactus

When UniversalCIS and Credit Plus merged last October to create the nation’s largest trimerge credit reporting providerexecutives of the combined company said a new brand would arrive in early 2022. The new name, Xactuscomes with a tagline, “Advancing the Modern Mortgage”. They chose the root word, exact, because “our business is about precision, data and […]

Credit provider

The largest trimerge credit provider has a new name: Xactus

When UniversalCIS and Credit Plus merged last October to create the nation’s largest trimerge credit reporting providerexecutives of the combined company said a new brand would arrive in early 2022. The new name, Xactuscomes with a tagline, “Advancing the Modern Mortgage”. They chose the root word, exact, because “our business is about precision, data and […]

Credit provider

“Extremely strong” results for the consumer credit provider | Yorkshire Business News

Leeds-based personal finance provider International Personal Finance (IPF) hailed an “extremely strong full-year performance” after a return to profit. The listed company reported a statutory profit before tax of £67.7m for the year ended December 31, 2021, compared to a loss of £40.7m in 2020. However, revenue was reduced to £548.7m from £661.3m the previous […]

Credit provider

Younited is expected to reach $5.7 billion in GMV in 2022

Younited, a European instant credit provider, posted record growth in 2021 and expects to reach 5 billion euros ($5.7 billion) in gross merchandise value by the end of this year, announced the Paris-based company Thursday, February 17. “The exceptional pace of our development demonstrates the perfect match between our instant credit offer and the exponential […]

Credit provider

TriLinc partners with female-led alternative credit provider Working Capital Associates as new investment partner for Africa and Latin America

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–TriLinc Global, LLC (“TriLinc”) today announced the approval of WCA (Working Capital Associates) LLP (“WCA”) as a new investment partner for business expansion and social development. -economic in Africa and Latin America. “We are excited about our partnership with Working Capital Associates to expand our existing investment capabilities in term lending and […]

Credit provider

TriLinc Partners with Female-Led Alternative Credit Provider Working Capital Associates as New Investment Partner for Africa and Latin America | Business

Country united states of americaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic ofBarbadosBelarusBelgium, […]

Credit provider

Antitrust agency to monitor credit provider for PPI violations

[ad_1] By Najiyya Budaly (November 1, 2021, 2:56 p.m. GMT) – Britain’s antitrust watchdog has said it will monitor NewDay Ltd. after finding that the credit provider violated payment protection insurance disclosure rules by failing to provide up to 27,000 clients with annual statements of their policies. The Autorité de la concurrence et des Marchés […]

Credit provider

Antitrust agency to monitor credit provider for PPI violations

[ad_1] By Najiyya Budaly (November 1, 2021, 2:56 p.m. GMT) – Britain’s antitrust watchdog has said it will monitor NewDay Ltd. after finding that the credit provider violated payment protection insurance disclosure rules by failing to provide up to 27,000 clients with annual statements of their policies. The Autorité de la concurrence et des Marchés […]

Credit provider

It is illegal for a credit provider to take a consumer’s ID or cards when granting credit

[ad_1] Under the National Credit Law, it is illegal for credit providers to keep consumer instruments such as identification documents (IDs) and bank cards when granting credit. It’s the operating mode adopted by some credit providers to enforce credit contracts with consumers, said Anne-Carien du Plooy, Acting Manager: Education and Communication at the National Credit […]

Credit provider

Consumer credit provider NewDay chooses banks for £ 2.5 billion London float | Economic news

[ad_1] NewDay, the consumer credit provider, has hired a quartet of banks to advise a London Stock Exchange listing that is expected to value it at over £ 2.5 billion. Sky News has learned that NewDay and its owners have appointed Bank of America, Morgan Stanley and Citi as joint global coordinators of an IPO […]

Credit provider

A new magazine is launched today to lose weight

Media24 launches the quarterly Lose It! – which is all about weight loss, health improvement and the revolutionary ‘Tim Noakes’ or Banting diet today, Monday April 7, 2014. Suzy Brokensha edits the title. “There is no doubt that there is a complete change underway in the way we eat. Countries around the world are starting […]

Credit provider

Slice, provider of credit for young workers, targets 1 billion gross transactions

[ad_1] Slice, a credit and payment startup aimed primarily at young professionals, has raised a cumulative debt of Rs 165 crore from 18 major financial institutions. This includes Northern Arc Capital Limited, Vivriti Capital Private Limited, AU Small Finance Bank, Incred Financial Services Limited, Pace Fincap Private Limited, Western Capital Advisors and Innoven Capital India. […]

Credit provider

Xbox All Access credit provider Klarna faces UK regulation • Eurogamer.net

[ad_1] UPDATE 10pm UK: Klarna shared her full response to the Woolard review, agreeing that “regulation has not kept pace with new products and changes in consumer behavior” and that she “fully supports[s] modernizing regulation and supervision “in the buy-now and late-payment industry. Klarna said Xbox All Access includes affordability control. ORIGINAL STORY 5 p.m. […]

Credit provider

Does your business need to register as a credit provider under the national credit law? – Finance and banking

[ad_1] South Africa: Does your business need to register as a credit provider under the national credit law? 06 January 2021 Bentley Lawyers To print this article, simply register or connect to Mondaq.com. In this video, Brett Bentley explores the registration requirements for a business tobe required to register as a credit provider with regard […]

Credit provider

Does your business have to register as a credit provider under the national credit law? – Financial services

06 January 2021 Bentley Lawyers To print this article, all you need to do is be registered or log in to Mondaq.com. In this video, Brett Bentley explores the registration requirements for a business tobe required to register as a credit provider in terms of confusing the SouthAfrican National Credit Act. Article 40 […]

Credit provider

Japanese instant credit provider Paidy raises $ 143 million from investors including PayPal Ventures – TechCrunch

[ad_1] Paydy, a Japanese fintech startup that offers instant credit to Japanese consumers, today announced it has raised a total of $ 143 million in new financing. This includes an $ 83 million Series C expansion from investors, including PayPal Ventures, and $ 60 million debt financing. The funding will be used to advance Paidy’s […]

Credit provider

Song credit provider Jaxsta Partners signs data deal with Merlin

[ad_1] Los Angeles, CA – (CelebrityAccess) – Jaxsta Limited has announced that it has signed a commercial data access agreement with digital rights agency Merlin. The direct data feed provided by Jaxsta’s data partners (record label, publishers, industry associations) provides Jaxsta with access to Merlin’s data sources as opposed to crowdsourced information in an effort […]

Credit provider

Listed Credit Provider Expands Online Operations With Acquisition | Yorkshire Offers News

[ad_1] The Club-listed home-collected loan provider Walrus has grown with the £ 8.5million acquisition of a well-established non-government online lending specialist. Shelby Finance Ltd, a subsidiary of Morses Club, has agreed to purchase the business and certain assets of Leeds-based CURO Transatlantic Ltd under the name WageDayAdvance. Founded in 2004, Wage Day Advance is an […]

Credit provider

ICICI and Japanese fund GMO support digital credit provider ePayLater

[ad_1] Family offices such as Parekh and Patni also participated The startup seeks to accelerate its technology and strengthen its product Currently, ePayLater has over 3,000 merchants on board Digital credit solutions provider ePayLater raised an undisclosed amount in a pre-Series A funding round led by ICICI Bank. It also saw the participation of GMO […]

Credit provider

Japanese consumer credit provider enters local market

[ad_1] Japan Consumer Credit Service (JACCS), a Japan-based company specializing in the provision of consumer credit services and a member of the Mitsubishi UFJ financial group, will open a branch in Cambodia in March as part of expansion plans in Southeast Asia. South East. The company, which last month received the operating license from the […]

Credit provider

Bulgarian microcredit provider iCredit plans to open 15 new offices in Romania

[ad_1] Bulgarian non-bank financial institution Easy Asset Management IFN, which provides short-term loans under the iCredit brand, wants to open 15 new offices in Romania this year and hire 500 additional consultants. The expansion into the Romanian market will bring the number of employees to 1,500 in 90 regional offices across the country by the […]