House of Fraser to back Tandem with £35m
Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.
Dealflo scores £10m for deal automation
Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Existing backer Notion Capital also participated alongside Frog Capital.
After a tough year for lending Prosper signs $5bn deal
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.
SoFi scoops up $500m to expand into Canada and Australia
Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.
Paytm-investor K2 Global closes new $183m fund
Silicon Valley and Singapore-based VC firm K2 Global has closed its new fund with $183m to invest across Asia and the US.
MYOB picks up Paycorp to expand payments power
Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).
Clinc grabs $6.3m for voice-controlled smart assistant
AI-powered financial assistant Clinc has picked up $6.3m in a Series A round led by Drive Capital. Hyde Park Venture Partners and Cahoots Holdings also participated.
Prospa raises largest ever Australian FinTech VC round
The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the round.
Nymbus takes $16m for core banking tech
Financial core technology provider Nymbus has raised $16m in a new round led by Home Credit Group.
Sunlight Financial scores $130m for solar financing
Sunlight Financial has raised $130m for its residential solar systems financing platform. The investment comes from Tandem and Moven backer Route 66.
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