Company News

UK peer-to-peer lender Funding Circle is expanding its partnership with the government-run British Business Bank Investments and receiving £40m to lend to small businesses.

Payments company Square is taking struggling social app Yik Yak’s development team off its hands for $3m.

Mastercard has been given the green light by regulators for its $920m acquisition of VocaLink.

Quint Group has secured £10m from Manchester-based Tosca Debt Capital to fund its recapitalisation. Quint Group operates a number of FinTech properties including MoneyGuru.com.

Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.

Mid-market private equity firm Parethenon Capital Partners and M2 have teamed up with former Matrix Financial Solutions president John Moody to launched a wealth management platform.

London-based Curve is looking to simplify the process of expenses by partnering with Xero. The start-up said it will join with Xero, a New...

Digital challenger bank Monzo has blasted through its £2.5m crowdfunding target in less than four hours of opening pre-registration for the campaign.

Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit.

After a tough year for the online lending market and a change of CEOs, peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans.