Traditional credit scoring is locking out UK startups, warns Swoop Funding CEO
The outdated business credit scoring models are shutting out promising UK startups from crucial funding, urging a cultural and systemic rethink to match modern entrepreneurship.
FICO to add Buy Now, Pay Later data to credit scores
The new FICO scores will integrate BNPL installment loan data into credit reports, providing lenders with clearer insights into borrowers' financial behavior.