Finova racks up $52.5m in VC-backed financing round
FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.
SoFi looks to raise $500m in new funding
Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.
TIAA buys online lender EverBank $2.5bn
Financial service firm TIAA is acquiring online lender EverBank for $2.5bn, as the firm seeks to build out its banking services.
FlexiLoans takes $15m for SMEs loans
Indian online lending platform FlexiLoans has raised $15m in a new round of funding from angel investors.
Smava scoops up $34m for online loans marketplace
Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.