ApplePie secures $16.5m Series B and $180m loan purchase deal
ApplePie Capital has raised $16.5m in a Series B round. The new funding coincides with the announcement of a $180m loan purchase agreement with TowerBrook Capital.
Lendio picks up $20m round after lending grows 93%
Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.
Lendingkart acqui-hires personal loans startup KountMoney
Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.
Affirm nabs $100m credit facility from Morgan Stanley
Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.
CUneXus grabs $5m for lending automation
CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.
LendUp fined $3.6m for dodgy loans
Payday loans startup LendUp is being made to pay $3.6m by the Consumer Financial Protection Bureau for widespread violation of payday and instalment laws.
UangTeman pulls in funding to process more micro-loans
Indonesian micro-lending firm UangTeman has raised an undisclosed pre-series A round in equity funding.
AvantCredit get thumbs up from UK regulator
AvantCredit is getting the green light from UK regulators with the FCA now fully authorising the online lender.
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.
Westpac pumps $16.5m into three-month old mortgage startup
Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.