PLUM Lending secures $2m as it looks to grow its network
PLUM Lending has received a $2m investment from Resolute Capital Partners, Soft Bank and Elliott Management.
Two-thirds of UK millennials are now using buy now, pay later schemes
Two-thirds (67%) of UK millennials are using point-of-sale credit finance services, as appetite for the payment method increases across all age-ranges.
SteadyPay has secured £2.9m in funding as it looks to reach 5,000 customers
SteadyPay, an app which helps freelancers access short-term loans, has reportedly secured £2.9m in equity and debt funding.
Shopify launches starter loans for budding online merchants
The Canadian e-commerce company Shopify has announced that it wants to help SMEs trade things on the web by launching starter loans.
Lending startup Klub said to raise pre-seed funding whilst in sealth mode
Klub, a growth capital platform currently in stealth, has reportedly closed a $2m pre-seed funding round.
PayU buys controlling stake in FinTech PaySense at a $185m valuation
Dutch PayTech company PayU has acquired a controlling stake in Indian FinTech startup PaySense. It plans to merge it with its consumer lending business...
California’s DOB halts lending capabilities of Sezzle after deeming illegal activity
The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.
ZestMoney said to raise $15m in Series B
POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.
Hometap closes doors on $100m funding round
Hometap, which enables homeowners to tap into their home equity without taking out a loan, has raised $100m in funding.
Starling bank becomes second challenger bank to raise overdraft fees for people with bad...
Hot on the heels of Monzo, Starling Bank has changed its overdraft fee rules on the back of a Financial Conduct Authority (FCA) decision.
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