Bringing mortgages to the under-served – Button Finance closes seed
Button Finance, a mortgage lender focused on home equity, has scored $2m in its seed round.
Fintern scores £32m in a mix of debt and equity
Fintern, an online loans platform, has scored £32m in a mixture of equity and debt funding.
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.
Leading US banks to pilot low credit score credit scheme
Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.
Maxwell Financial Labs lands $3m, led by Anthemis Group
B2B digital mortgage software developer Maxwell Financial Labs, has closed a $3m round of funding led by Anthemis Group.
Future Finance secures £100m credit, just months after closing its Series C
Online student loan platform Future Finance has secured a £100m funding facility from Waterfall Asset Management.
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.
Credit Karma acquires mortgage lending solution Approved
Approved, an online mortgage lending platform, has been acquired by personal finance platform Credit Karma.
Ed-FinTech pioneer GradRight lands INR 50 crore from IvyCap Ventures
GradRight, the B2C-SaaS ed-fintech ecosystem, seamlessly integrates prospective students, universities, and lenders on one unified platform. The ed-FinTech startup has impressively secured INR 50 crore in a Series A round of financing.
Amplifi Capital bags £22.5m to drive growth of Reevo Money
Amplifi Capital (U.K.) Limited has successfully secured £22.5m in mezzanine financing from M&G Investments.
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