News
NestEgg joins the Financial Regulation Innovation Lab Consumer Duty Challenge
We’re thrilled to be part of the Financial Regulation Innovation Lab’s Consumer Duty Challenge. On 5 November, we joined other participants, industry partners, and experts in Glasgow to explore innovative solutions to address issues affecting both large and small financial institutions. The shared focus and fresh approaches revealed during the event were inspiring, providing valuable…
Read MoreNestEgg wins the Fast Solution award at the FCA TechSprint
NestEgg presented its Broker Platform at the FCA TechSprint last week, winning the Fast Solution’ award. The judging panel recognised the rapidity with which our platform can scale to connect declined borrowers to community finance. This means: A better decline journey for applicants Millions of pounds interest saved by borrowers living in the 20% poorest…
Read MoreNestEgg joins the FCA Financial Inclusion TechSprint
NestEgg is delighted to announce its participation in the FCA Financial Inclusion TechSprint. The TechSprint aims to utilise technology to boost the chances of loan approval and foster financial inclusion. The problem Our participation addresses two sides to the challenge. Firstly, people need help to find an alternative lender that is more likely to accept…
Read MoreNestEgg wins Innovate UK Grant
NestEgg has won a grant from Innovate UK’s Innovation in Financial Services Competition. The Innovate award recognises NestEgg as an innovative company that is improving the use of Open Finance. Open finance is the next iteration of Open Banking. In addition to connecting bank accounts, people can choose to share information about their assets including…
Read MoreConsolidation lending for responsible lenders
The Christmas season’s loan rush may not be entirely over for 2023, but it won’t be long until preparations for the next lending campaign are underway. January is traditionally a peak period for consolidation lending, with loans typically higher in value and being repaid over a longer duration. This results in increased revenue for lenders.…
Read MoreNestEgg announced as finalists for Technology Partner of the Year
NestEgg is very pleased to be announced as a finalist in the Consumer Credit Awards: ‘Technology Partner of the Year’ category. Often the focus is on the technology side of that partnership. NestEgg has certainly helped grow the loan books of our lender clients. However, it’s the outcomes from the hard work of our credit…
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