Marketplace Lending

finmid bags €17m as it moves into vehicle financing

finmid bags €17m as it moves into vehicle financing

finmid, a Berlin-headquartered embedded lending firm that powers financing for platforms including Wolt and Delivery Hero, has secured €17m in fresh capital as it...
Qonto launches monthly data platform for European SMEs

Qonto launches monthly data platform for European SMEs

Qonto, the European business finance management platform, has launched Qonto Insights, a free public data platform using anonymised transaction activity from its SME customers...
Valon raises $150m Series D at $2.3bn valuation

Valon raises $150m Series D at $2.3bn valuation

Valon Technologies, an AI-native operating system built for regulated finance, has closed a $150m Series D round that places the company at a $2.3bn...
Step One Finance upgrades lending platform with OMS technology

Step One Finance upgrades lending platform with OMS technology

One Mortgage System (OMS), a provider of digital lending technology, has expanded its relationship with specialist second charge lender Step One Finance through the...
Homeward raises $450m to scale tech-enabled home financing

Homeward raises $450m to scale tech-enabled home financing

Homeward, the Austin-based PropTech and FinTech company specialising in cash-backed home financing, has raised $120m in Series D equity alongside $330m in asset-backed debt...
Cross River GoodLeap $50m facility

Cross River puts $50m behind GoodLeap’s home equity card

Cross River Bank, an embedded finance technology provider, has committed a $50m revolving credit facility to GoodLeap, a sustainable home improvement finance platform, to...
Settle secures $240m credit facility to scale lending

Settle secures $240m credit facility to scale lending

Settle, a platform that helps product businesses manage cash flow and working capital, has obtained a $240m credit facility to expand the financing it...
Mona raises $3.5m to widen small business capital access

Mona raises $3.5m to widen small business capital access

Mona, an AI platform that helps small businesses in the US find capital and financial coaching, has closed an oversubscribed $3.5m funding round to...
Elio Mortgage raises $5.1m to rebuild lending with AI

Elio Mortgage raises $5.1m to rebuild lending with AI

Elio Mortgage, a New York-based mortgage company using artificial intelligence across the home loan process, has emerged from stealth with $5.1m in pre-seed funding...
Capitolis snaps up eSecLending in $200m cash deal

Capitolis snaps up eSecLending in $200m cash deal

Capitolis, the FinTech company focused on financial resource optimisation, has agreed to buy independent securities lending specialist eSecLending for $200m, paid entirely in cash. The...

News Stories

EXANTE’s Codey hits 75% success, but humans keep control

EXANTE’s Codey hits 75% success, but humans keep control

Investment firm EXANTE has spent six months embedding an autonomous AI developer into its engineering teams. Its experience suggests that the real barrier to...
CUBE: AI provenance and second-layer risk reshape compliance

CUBE: AI provenance and second-layer risk reshape compliance

Compliance and risk teams can no longer rely on simply knowing that a rule exists. According to the latest edition of The CUBE Read...
Compliance sprawl: firms juggle nearly 14 systems, MCO finds

Compliance sprawl: firms juggle nearly 14 systems, MCO finds

Financial services firms are pouring more money into compliance, yet new research from MCO (MyComplianceOffice) suggests that much of this investment is being absorbed...
MSCI unveils SignalLab to unify investment signals

MSCI unveils SignalLab to unify investment signals

MSCI has rolled out SignalLab, a new platform that combines governed, research-based signals from several investment domains with the tools investment teams need to...
Is compliance entering its engineering era?

Is compliance entering its engineering era?

As financial institutions adopt AI, the pressure on compliance teams is shifting from interpreting regulation to ensuring it works in practice. Meeting that challenge...

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