Online Loans

UK neobank Gravity picks Finastra for its core banking capabilities

A London-based new digital bank has chosen to team up with Finastra, the financial services scaleup.

C2FO nets $200m funding led by SoftBank Vision Fund

C2FO, which helps companies get access to working capital, has received a $200m funding round led by the SoftBank Vision Fund.

FinTech competition drives Dollar Bank into online lending

US-based Dollar Bank has released online loans for small businesses.

Landbay closes $1bn deal to support its lending capabilities over coming years

Buy-to-let mortgage lender Landbay has signed a $1bn deal with an unnamed leading financial institution to help fund loans over coming years.

Online loan platform Aura bags $27.7m in residual debt financing

Aura, which offers affordable loans to families in the US, has raised $27.7m in residual debt financing from Angel Island Capital.

Online loans platform MyMoneyMantra collects $15m invesment

MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.

Invoice financing platform Billie said to raise €30m in its Series B round

Billie, which helps companies get paid for outstanding invoices immediately, has reportedly collected €30m in Series B funding.

Car financing platform Lendbuzz bags $150m in a mix of debt and equity

Lendbuzz, a car financing platform designed to help US consumers with limited credit history, has collected $150m in debt and equity financing.

Avail Finance said to close $9m Series A

India-based employee financial health app Avail Finance has reportedly raised $9m in its Series A round. Matrix Partners India, an early-stage investment firm, led the...

Personal finance app Fintonic hits €160m valuation thanks to ING Ventures-led round

Spanish personal finance app Fintonic has hit a €160m valuation thanks to an investment round led by new backer ING Ventures.

News Stories

Singapore

Singapore government proposes tougher laws to combat money laundering

Singapore has recently revealed it is taking decisive steps to fortify its legal arsenal against money laundering activities.
malware

Mobile banking malware sees 32% surge over 2023

The realm of digital finance has witnessed an uptick in mobile banking malware, with a 32% increase in 2023, contrasting the trends in 2022.
AML

Navigating AML compliance in the UK Fintech landscape

In the rapidly evolving realm of FinTech, understanding and adhering to anti-money laundering (AML) regulations is paramount.
Archive Intel

Archive Intel bags $1M to enhance wealth firm communication solutions

Archive Intel, a firm specializing in communications archiving and compliance solutions for wealth firms, has raised $1m.
InsurTech leader Kalepa is set to enhance underwriting efficiency and excellence across Paragon‘s Workers’ Compensation, Specialty Property, Small Construction and Contractors, and Auto Dealers programs through a new partnership.

Kalepa and Paragon strengthen collaboration to revolutionise underwriting

InsurTech leader Kalepa is set to enhance underwriting efficiency and excellence across Paragon‘s Workers’ Compensation, Specialty Property, Small Construction and Contractors, and Auto Dealers programs through a new partnership.

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