Leading US banks to pilot low credit score credit scheme
Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.
FinTechs use market alliances to offer leading savings products, research finds
Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.
Kenya-based lender M-KOPA secures $75m
Kenya-based FinTech company M-KOPA has reportedly raised $75m in a fresh funding round.
Tally bags $80m to free customers from the “cycle of debt”
Tally, a financial automation company, has raised $80m in Series D funding led by Sway Ventures.
FinTech firm Percent secures $29.7m in oversubscribed Series B funding
Percent, the company behind the groundbreaking private credit market platform, has successfully wrapped up an oversubscribed Series B funding round, generating nearly $30m.
Housing.com sets its sights on India’s home loan market with Easiloan investment
Housing.com, known as "India's leading digital real estate platform", has made a strategic investment in Easiloan, a FinTech digitising the home loan journey.
Credible takes $10m for student loan marketplace
Online student loans marketplace Credible has picked up $10m in its Series B round. Regal Funds Management led the round.
Braavo Capital raises $70m in debt and equity
Financing platform Braavo Capital has reportedly raised $70m in a new debt and equity financing round.
Lendix receives ?200m debt financing to help finance 600 SMEs
Online loan marketplace Lendix has received ?200m in a debt financing round to help support over 600 SMEs.
LendingTree acquires credit repair platform Ovation Credit
Online loan marketplace LendingTree has agreed to acquire Ovation Credit Services, a credit repair platform.