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Startup Scores $62 Million For Trade Credit Risk Solution

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French startup Tinubu Square has secured funding for its solution that provides trade credit risk management, according to news reports on Monday (Oct.2). Tinubu Square’s customers are credit and surety insurers, trade finance banks and export credit agencies, according to reports.

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Nimbla Teams With Wiserfunding To Safeguard Invoices

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invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). s SMEs if they combine the various innovations from the FinTech space, insurance and risk management sectors.”.

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The Security Threat Of Bank-FinTech Collaboration

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. “I would characterize it as a Big Data issue — it’s very intimidating to get started in third-party risk management,” Simkins said. ” Inexperienced or unfamiliar professionals may take a bottom-up approach to third-party risk management, analyzing risk on a vendor-by-vendor basis.

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QIWI Buys Plati Potom For Undisclosed Sum

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6) it has acquired a 100 percent ownership stake in FinTech startup Plati Potom. Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. QIWI announced on Thursday (Oct.

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

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The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

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B2B eCommerce Tips The VC Scales

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More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. India-based expense management startup Fyle announced $4.5

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LendingClub Settles With SEC, DOJ

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“When I founded my first startup, it got me thinking — banks are middlemen,” Laplanche said after having learned from friends and family that they would have bankrolled his first startup for less than the interest he was paying on his credit card balances.