Cermati takes $1.9m for financial service discovery
Indonesian financial services comparison site Cermati has raised $1.9m in its Series A round. The investment was led by East ventures with existing backer Beenos Partners also participating.
WeLab lands $25m credit facility for online loans
WeLab is proving that despite negative press and tough new regulations in the region, investors still see big potential in the space landing a $25m credit facility note from Dutch bank ING.
LoanTap grabs $3m to lend to professionals
LoanTap, a Mumbai-based online lender, has raised $3m in a Series A round. The capital comes from angel investors.
Online lending group grabs Wall Street lobbyist
Online lenders are growing their presence in Washington with the hire of lobbyist Nat Hoopes to lead the Marketplace Lenders Association.
SelfScore pockets $7.1m to serve international students
SelfScore, a financial services startups for international students, has raised $7.1m in a new round of funding led by Pelion Venture Partners.
LendUp raises $47.5m to expand credit card offering
Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator Continuity growth fund.
Clara grabs $27m for mortgage lending
California-based mortgage lender Clara has raised $27m in a round of venture funding led by Redpoint Ventures and Venrock.
Lendified grabs $20m credit facility to fund small businesses loans
Canadian small-business lender Lendified has secured senior debt for a new credit facility of up to $20m to underwrite loans.
Avant secures $255m and $392m deals for online loans
Online lender Avant is unveiling a $255m asset-backed securitisation deal with investment banks, as well as a renewal of its $392m warehouse facility deal
SoFi settles lawsuit with $2.4m fine
Online lender SoFi (Social Finance) is settling a class-action lawsuit by paying a $2.4m fine.
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