The Role of Social Media in Extending Financial Opportunities – FinTech Examples

June 19, 2017    By : Elena Mesropyan

Facebook alone gathers 98 personal data points for targeted ads The number of social media users worldwide has reached 2.34 billion and is expected to grow to ~2.95 billion by 2020. Social media users generate 500 million tweets every day,

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Alternative Credit Scoring in the US: Innovators Applying Data Science to Unlock Financial Potential of ‘Thin-File’ Individuals

March 1, 2017    By : Elena Mesropyan

Over the past 10 years, over a third (34.2%–36.9%) of the US population has been steadily categorized as having a subprime credit score (<620, which is considered to be a bad credit score). And even that part of the population

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Kreditech Raises EUR 10M From Rakuten

December 16, 2016    By : LTP Team

Hamburg, Germany – 15 December 2016 – Kreditech, the leading consumer finance company, has raised EUR 10 million in equity from Rakuten, Inc. This is another landmark investment in FinTech by Rakuten, a leader in internet services and global innovation

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13 Direct Lending Companies Empowering the Customer

March 5, 2016    By : Kate

For the past two to three years, the technology-based personal lending industry has been experiencing the launch of a wide range of promising ventures. With the high interest rates charged by the conventional financial institutions, the newly devised models launched

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Germany’s FinTech Ecosystem: A Wheel in the European Innovation Machine

February 9, 2016    By : Sofia

If we thought 2015 was a great year for FinTech, 2016 is going to surprise us. As the LTP team has been actively exploring the FinTech ecosystems around the world, we have seen some outstanding examples of the world’s most

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Everything You Wanted to Know About FinTech in Europe

January 1, 2016    By : Sofia

FinTech in Europe has never been more exciting. The continent’s ecosystem with innovative companies in emerging financial services has been a serious competition to the global financial industry giants with some of the most promising startups and FinTech “unicorns” coming

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33 FinTech Companies From Western Europe to Look out for in 2016

December 24, 2015    By : Sofia

UK Ensygnia: Based in London, Ensygnia is the company behind the breakthrough Onescan secure mobile transaction platform and its patented process for the confidential exchange of personal and financial information. Ensygnia’s Onescan means no more need to maintain and remember

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Kreditech Raises $92M to Provide Banking Services to a Risky Segment

October 1, 2015    By : Sofia

On 28th September 2015, Kreditech, a technology company that delivers a range of custom-tailored financial services to customers across Europe and beyond, raised $92 million in Series C round to build a financial product for serving a segment with little

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Peter Thiel Backs Loan and Microfinance Startup Kreditech; The Company Raises $110 Million In Its Series C Round

July 13, 2015    By : Ipsita

Kreditech is an online finance startup that loans money to consumers who have little or no credit rating. The company is on its way to raising around $110 million in its Series C round. A part of the funds to

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