OYE! Fintech nets $2.25m in funding from GAIN Credit
India-based OYE! Fintech, which operates online lending platform OYE! Loans has netted $2.25m in funding from GAIN Credit.
Figure said to raise $50m led by DST, Ribbit
Figure, a credit provider for home improvements, has reportedly raised $50m in funding.
Online lender Kabbage to acquire Orchard
Online lending platform Kabbage has agreed to acquire all the assets of Orchard, a technology and analytics developer for the online lending space.
PayMe India said to raise $2m in angel funding round
Online lending platform PayMe India has reportedly raised $2m in its angel funding round.
Santander Innoventures makes first investment into Brazil
Brazil-based Creditas has increased its Series C funding round to $55m, with Vostok Emerging Finance leading the round.
FinTruX Network closes ICO on $25m
P2P lending platform FinTruX Network has closed its ICO on $25m, following contributions totalling 22,000 ETH.
CommonBond bags $50m Series D led by Fifth Third
CommonBond, a platform to help students and graduates pay for higher education, has closed a $50m Series D led by Fifth Third Capital.
Funding Xchange closes its £1.5m Series A
Funding Xchange has closed its Series A on £1.5m with Calibrate Management and Kimera leading the investment.
Online lending platform Avail Finance bags $17.2m round
Online lending platform Avail Finance has closed an $17.2m investment led by Matrix Partners India.
Future Finance nets €40m Series C to fund more loans
Student lending platform Future Finance has netted €40m in a Series C round to support the funding of more loans.