Over-55s are seeking alternative lending options – free2 study claims
The majority of over-55’s are looking for alternatives to lending options after expressing concern over existing products, according to a study from free2.
Quasar Flash said to close $4.5m Series A round to improve its technology
Quasar Flash has reportedly raised $4.5m in its Series A round to help it deepen its credit risk analytics.
The UK’s FCA launches new review of unsecured credit market
The UK’s Financial Conduct Authority (FCA) has launched a review of the future regulation of the unsecured credit market, which could see crackdown on companies
Invoice factoring solution Factris closes its Series A on €5m
Invoice factoring solution Factris has closed its Series A round on €5m to help it onboard other factoring companies.
Switzerland-based i2 Invest said to close $1.4m in funding round
Switzerland-based i2 Invest has reportedly closed a new funding round on $1.4m to help it launch two funds in Autumn.
Avail Finance bags $11.5m in Series B round
Avail Finance bags $11.5m in Series B round
Square is testing short-term small loans through its Cash App.
Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.
Blend bags $75m and nearly hits the $1.7bn valuation mark
Lending solutions provider Blend has picked up a valuation close to $1.7bn on the back of a $75m funding round and is now planning to solve banks' Covid-19 problems.
Eduvanz bags $3m in new investment round
Student loan startup Eduvanz has secured $3m in a Series A round led by Sequoia's SCI Investment VI fund.
FCA concerned about credit firms allowing repeat borrowing
From: RegTech Analyst The UK's top financial markets regulator is concerned about credit firms' practices after a review revealed that relending often leave vulnerable customers...
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