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Kreditech takes €110m in largest German FinTech deal to date

German credit scoring and lending company Kreditech has landed €110m in the largest equity investment into German FinTech company to date.
fintech-news

Automotive FinTech company Fair lands new investment

Fair, an automotive FinTech company that claims to be revolutionizing car buying, has raised a fresh round of strategic equity funding.

Arex secures €8.8m Series A to speed up UK, Spain rollout

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

YOUNITED CREDIT nets ?40m capital injection

Paris-based consumer lending platform YOUNITED CREDIT has received a ?40m capital injection from existing and new investors.

VC firms back business offering loans to international students eyeing US university places

A wave of venture capital investors have backed a $110m financing round for MPOWER Financing, a student loan provider for international students applying to US institutions.
Bags

Loan discovery and management firm Bags packs up $3m

Bags, a small business loan discovery and management platform, has closed a seed funding round on $3m.

SoFi launches employees benefits programme SoFi at Work

Social Finance (SoFi) is expanding its offering to include employee benefits and financial wellness programme SoFi at Work.

Fortress Investment Group said to supply MoneyMe with $120m debt funding

Fortress Investment Group is reportedly investing $120m into consumer lending platform MoneyMe.

Lending startup Beeline secures $7.6m in its seed round as it looks to launch...

Beeline, which helps consumers get a home loan from the comfort of their sofa, has reportedly raised $7.6m in its seed round.

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.

News Stories

Lulalend

Digital lender Lulalend lands $35m Series B

Lulalend, a South African digital lender catering to SMEs, has finalised a $35 million Series B funding round.
UK

UK government floats plans for cryptoasset regulation

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.
Eventus

Eventus launches Validus AML to help firms fight financial crime

Eventus has announced the broad introduction of Validus AML (VAML) to aid companies in finance and digital assets combat financial crime.
Greenspark

Greenspark lands £1m to aid firms measure climate action

Greenspark, a firm that encourages businesses to take climate-friendly actions, has scored £1m in a seed funding round.
cloud-native-insurance-platform-novidea-names-ben-ezer-to-senior-executive-team

Ezer joins senior executive team at InsurTech Novidea

Cloud-native insurance platform Novidea has appointed Eran Ben Ezer to its senior executive team to support the next phase of the company’s global growth.

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