FinTech News

The InsurTech space continues to excite investors with the largest funding round raised in Europe to date just being picked up by FinanceFox.

Peer-to-peer lender FirstP2P has raised $70m in its Series C round of funding from CCB International and San Shan Capital Partners.

Lloyds Bank is looking for fresh talent to improve its digital strategy with a job posting for a new head of fintech discovery at the banking group.

UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital.

Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse.

Swedish invoicing startup Billogram has raised $1.18m in a round of venture funding. The capital comes from Edstra Venture Capital and angel investors.

Expenses management app Jojonomics has raised $1.5m in a round led by Maloekoe Ventures.

Stock market tracking app Spiking has raised $750,000 in a seed round of funding from a group of individual investors.

UK startup Curve is adding another ?2m ($2.6m) to its seed round to bring its total funding to ?3.5m. The fresh capital comes from Connect ventures and new individual backers.

Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.