Lendio acquires Laso’s AI enhanced Loan Origination Solution to provide underwriting services for Lending Platforms

Lendio, the leading SME financial solutions marketplace, reveals that it has made an asset purchase of Laso’s Loan Origination Software (LOS) and insights technology, which should help further its goal of supporting SMBs.

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Intuit set to acquire Mailchimp for $12B in cash and stock

MailChimp

The planned Mailchimp acquisition for around $12 billion in cash and stock aims to support Intuit’s goal of promoting prosperity across the globe. It also supports the firm’s vision to become an AI-enhanced expert platform.

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Singapore based Fintech Lending Solution provider CrediLinq.Ai secures SGD 1.35M via new funding round

Credilinq AI

Singapore-headquartered financial services tech firm, CrediLinq.Ai, reveals that it has acquired SGD 1.35 million through a new funding round. The Fintech lender says that it plans to transform how credit is underwritten to SMEs using advanced tech solutions that will be integrated within its lending platform. CreditLinq.Ai’s platform is powered by its AI and machine learning algorithms. Investors in the firm’s round included Brandon Tee of B7 Capital, Sandeep Uberoi of Jungle Ventures, and software company Aerion Technologies.

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