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Welcome to your daily FinTech news!
In case you missed it, please see below today's most relevant news, or tune in to our Daily Fintech Podcast here.
NEWS HIGHLIGHT
Starling defends its bounce-back loan record. Starling had up to 2.5 times higher fraud rates in its Bounce Back Loan provision than the sector average. Lenders have recorded at least £1.1bn worth of fraudulent loans from the UK government’s Bounce Back Loan scheme. Link here
FINTECH NEWS
#breakingnews

Bolt rolls out a new omnichannel platform with Revolve. Bolt’s new technology, “Checkout Links,” allows shoppers a one-click checkout experience online or offline. The platform is being initially rolled out at Revolve. Link here.

#Insights

India’s Fintech sector to reach US$1T. By 2030, revenues from digital lending, insurtech and wealthtech will grow more than tenfold, respectively, the report says. Link here