Lending Club hires PayPal head of credit to lead it into new sectors
Lending Club is hiring Steve Allocca PayPal global head of credit as its president as the lender continues to move away from the scandal that overturned its fortunes last year.
SlicePay said to secure $2m Series A
Credit lending platform, SlicePay has reportedly received a $2m Series A round from japan-based Das Capital and Simile Venture Partners.
Prodigy closes $5.4m Seed round led by 8VC, Battery, SV Angel
Auto trading platform Prodigy has closed a $5.4m Seed funding round led by a group of venture capital firms.
Finicity partners with Cre8tech Lbs to support loan decision making
Finicity, a financial data aggregation and insight platform, has partnered with Cre8tech Labs to accelerate decisions for mortgage lending.
Better.com collects $160m in Series C round of funding
Better.com, a platform improving the access to home finance, has collected $160m in its Series C round of funding.
Free2 secures £305m in debt funding to support upcoming product launch
Free2, a financial services platform aimed at helping over 55s, has received a £200m securitisation facility from NatWest Markets to help the FinTech issue customer loans.
Quasar Flash said to close $4.5m Series A round to improve its technology
Quasar Flash has reportedly raised $4.5m in its Series A round to help it deepen its credit risk analytics.
JP Morgan taps blockchain for improving money transfers
Investment bank and financial services juggernaut JP Morgan has revealed it is using blockchain technology to improve money transfers between banks globally.
Lending platform Payhippo nets $1m in pre-seed funding
Payhippo, an AI-powered lending platform, has reportedly collected $1m in its pre-seed funding round, to help it expand its team.
Fronted launches lifetime deposit for renters
London-based Fronted, a startup aiming to make life easier for renters, has raised over £20m in seed financing, led by Fasanara Capital.
Fronted will use...