Online lender BlockFi collects $1.5m in funding
BlockFi, which is a digital lender for cryptocurrency holders, has collected $1.55m in funding.
Wonga hires new CFO to steer turnaround
UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.
Lending platform KreditBee said to net $75m in its Series C round
India-based online lending platform KreditBee has reportedly scored $75m in its Series C round.
Student loan provider Meritize collects $13.2m in Series A
Student loan provider Meritize has collected $13.2m in its Series A which was led by Colchis Capital.
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.
What last week’s 31 FinTech investments means for the PayTech sector
Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.
Ritmo bags €13.8m seed funding to scale into new markets
Spanish FinTech firm Ritmo has raised €13.8m from a seed funding round led by JME Ventures.
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.
InCred said to raise Rs 500 Crore ($66.9m) in debt funding
Online lending platform InCred has reportedly bagged RS 500 Crore ($66.9m) in a debt funding line.
Raise.me pockets $12m to change student loans
College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round.
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