P2P lender Furongbao said to close Series B on $120.6m
China-based P2P lender Furongbao has reportedly closed its Series B round on $120.6m from an unnamed investor.
Welendus looks to raise up to £850k in its latest crowdfunding campaign
P2P short-term lender Welendus is looking to raise £850,000 through another crowdfunding campaign.
POS Duologi raises £20m funding from Paragon
Point-of-sale finance provider Duologi has raised £20m in a funding from the structured lending team Paragon.
Eduardo Saverin’s B Capital already past $400m for Fund II, having closed $360m Fund...
B Capital, a venture capital firm launched by Facebook co-founder Eduardo Saverin, has already passed $400m for its second fundraise just weeks after closing its $360m debut vehicle.
Mintos announce it has financed €3bn worth in total loans
Mintos, the loans investment platform, has just announced it has financed €3bn worth in total loans.
Merchant payment platforms’ revenue expected to jump to $158bn in the next five years,...
The global market for merchant payment platforms is seemingly in for a good time even though the risk of payment fraud is expected to...
Leap Finance scores $5.5m in round led by Sequoia India
Leap Finance, an international education loan provider, has reportedly secured $5.5m in a funding round led by Sequoia India.
Tech-driven SME lender illimity posts “solid results” in the first quarter despite COVID-19
While COVID-19 is spreading across the globe, illimity has issued bullish results from the first quarter.
CardWorks and Ally Financial pull the plug on merger because of Covid-19
Back in February, technology-enabled finance lender and compliance solution CardWorks announced it would be acquired by digital financial services firm Ally Financial. However, now those plans have been cancelled.
Starling Bank reveals UK SMEs are bullish about their ability to bounce back from...
More than two-thirds of UK SMEs seem to believe they can return to pre-coronavirus levels at the start of 2021, according to new research...