P2P Lending

fintech-news

Funding Circle said to be eyeing a $1bn+ IPO

P2P lending platform Funding Circle is reportedly looking to hold an IPO on the London stock exchange later in the year.
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P2P lending marketplace LoanBook nabs £737k in crowdfunding

Spain-based LoanBook has secured £737,450 in its crowdfunding campaign, which saw 297 investors. Part of this sale included a £340,000 investment from current shareholders, business...

Payment solution Affirm closes $200m Series E

Payment solution Affirm has closed a $200m Series E round of funding led by GIC.
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Welendus surpasses initial crowdfunding target, reaching up to £178k

P2P short-term lender Welendus has surpassed its initial crowdfunding target, with it pulling in £178,331, so far.
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Flender passes halfway mark for its latest funding round

Ireland-based P2P mobile lending platform Flender has raised over half of the capital for its funding round, pulling in around £1.2m, so far.
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Online lender Lendable signs $300m loan deal with Castle Trust

Lendable, a UK-based online lending platform, has landed up to £300m from specialty lender Castle Trust Capital.
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P2P lender Assetz smashes Seedrs target

Assetz Capital, a UK-based P2P lender for SME finance, has smashed its Seedrs target by 50 per cent.
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UK PropTech CrowdProperty smashes £600,000 crowdfunding target

CrowdProperty, a UK-based property peer to peer lender, is looking to raise £600,000 through its newly launched crowdfunding campaign on Seedrs.
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P2P finance platform Bankify secures $250k investment

Finland-based P2P finance platform Bankify has secured a $250,000 investment from Reech Corporations Group.

India P2P lending startup LenDen lands $500k to meet new RBI regs

LenDen Club, a Mumbai-based peer-to-peer lending platform, has landed a $500,000 equity investment from three investors.

News Stories

Akamai

Akamai acquires LayerX to close enterprise AI gap

Akamai Technologies has struck a definitive agreement to acquire LayerX, a Tel Aviv-based provider of browser-native AI usage control and secure enterprise browser technology,...
PRA

PRA consults on shared services to ease compliance burden

The Prudential Regulation Authority (PRA), the UK's banking regulator, is planning to consult on changes to shared operational services rules for ring-fenced banks, a...
compliance

Is compliance becoming a real-time control system?

For decades, compliance has operated as a rear-view mirror — periodic reviews, retrospective audits and manual checks designed to catch problems after they emerge....
Agentic AI is emerging as the next major technology shift for UK mortgage lenders, promising to accelerate loan processing while preserving the relationship-led service many borrowers still value, according to nCino

Agentic AI set to reshape the future of UK mortgages

Agentic AI is emerging as the next major technology shift for UK mortgage lenders, promising to accelerate loan processing while preserving the relationship-led service...
Sherlocq

How Sherlocq is fixing compliance’s $300bn research problem

The compliance profession has a productivity crisis hiding in plain sight. Financial institutions and regulated businesses together spend more than $300bn annually on compliance,...

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