Lending stories

Finternet Labs and Avalanche launch India agriculture tokenisation pilot, eyeing a wider TradeFi market worth up to $10 billion.

Revolut passes 1m Australian customers and vows nearly AUD $400m investment, stepping up its challenge to local digital banking rivals.

Grab Finance taps FICO data tech to automate credit checks across six Southeast Asian markets and boost eligibility by nearly 50%.

LemFi wins AUSTRAC approval to launch remittances in Australia, targeting a USD $38.2 billion outbound market serving migrant communities.

Canada’s lending future is going hybrid as Money Mart doubles down on both mobile apps and 420-plus branches to widen access.

Lenders clinging to legacy payment rails are losing borrowers to fintechs that can approve, fund and collect on loans in near real time.

Jelou lands USD $10m Series A to scale its WhatsApp-based transactional AI platform Brain across the US and wider Americas market.

Singapore and Shenzhen launch a blockchain-based data validation trial, starting with cross-border checks on business owners’ credit reports.

Zepz has bought fintech Pomelo to bolt credit cards and lending onto its remittance brands, deepening its push into cross-border finance.

FinTech Australia opens entries for the 2026 Finnie Awards, marking the programme’s tenth year with revamped categories and a new Sydney venue.

Bizcap has lifted its UK low-doc SME loan cap to GBP £300,000, promising faster decisions and fewer paperwork hurdles for borrowers.

UK bank Griffin posts fivefold revenue surge as it processes GBP £3 billion in payments and signs more than 50 platform customers.

Hapax unveils a free AI certification for bankers as lenders ramp up AI spending and face tougher scrutiny from regulators and boards.

PayPal launches PayPal Open in Australia, a unified platform offering global payments, lending, and insights for businesses of all sizes.

Fintech and AI are revolutionising lending, enabling faster approvals and boosting efficiency for businesses and lenders with smarter data sharing tools.

Japan International Cooperation Agency adopts Finastra's Loan IQ platform to enhance private sector lending in developing countries, boosting efficiency and scalability.

Kraken has launched its Krak app, a global money management platform for crypto and fiat assets, with a phased rollout planned for Australia soon.

DAS launches a new climate dataset to help insurers, banks and property firms manage long-term climate risks affecting rural Australia.

EastWest Banking Corporation partners with Temenos to adopt a SaaS core banking platform, boosting digital transformation and operational efficiency.

Uno Digital Bank has adopted Pennant Technologies’ Loan Management System to streamline operations, boost flexibility, and enhance customer lending experiences.