P2P Lending

FinTechs use market alliances to offer leading savings products, research finds

Research by Investec has found FinTechs use partnerships with larger financial services companies to offer market-leading savings products to their clients.

MPOWER Financing secures $100m equity funding

US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.

Digital education loan startup Credenc collects $25m from Capital India

Finance company Capital India has invested $25m via equity and debt in education loans platform Credenc.

Nude introduces new feature to support deposit-building for homebuyers

Financial advice firm Nude has unveiled a new feature aimed at providing people with the tools to collaborate on building a deposit for purchasing a home.

What last week’s 31 FinTech investments means for the PayTech sector

Out of the 33 FinTech funding rounds we reported on last week, PayTech companies and lending enterprises were the clear winners.

London-based StepEx lands €1.2m to offer alternative student finance

StepEx, an FCA-regulated FinTech startup that provides affordable student finance based on future earnings rather than debt, has raised €1.2m in pre-seed funding.

Mortgage lending startup Accept.inc inks $90m in debt and equity

Mortgage startup Accept.inc raised $90m in debt and equity led by venture capitalist firm Signal Fire as well as existing seed investors Y Combinator and DN Capital.

Vietnamese FinTech app for rural markets MFast banks $1.5m in pre-series A

FinTech startup MFast raised $1.5m in a pre-series A funding led by Do Ventures.

Refyne snares $16m Series A to boost Indian salary access

Indian FinTech Refyne has raised $16m from a Series A funding round led by RTP Global and partners of DST Global.

nesto eyes staff, tech expansion following $76m Series B raise

Canadian mortgage comparison platform nesto has raised $76m from a Series B funding round.

News Stories

The $bn water risk problem insurers can no longer ignore

The billion dollar water risk problem insurers can no longer ignore

Water damage remains one of the most underestimated risks facing modern buildings, creating significant challenges for insurers, property owners and facilities managers as hidden...
FinTech

Investors turn up the heat with $1.9bn raised in FinTech this week

Across the 19 deals reported on by FinTech Global this week, there was a grand total of $1.95bn raised by FinTech firms, reflecting a...
Why banks can't afford years-long payments overhauls

Why banks can’t afford years-long payments overhauls

Payments modernisation has become the defining boardroom debate in banking, and according to Tieto, the banks that move in months rather than years will...
Why the annual review may become a premium service

Why the annual review may become a premium service

The annual review is itself under review, and according to WealthTech provider Ortec Finance, the commercial consequences could be profound. The Financial Conduct Authority's consultation...
Why affidavits of unchanged status matter for W-8 compliance

Why affidavits of unchanged status matter for W-8 compliance

Firms handling cross-border payments face mounting pressure to keep payee documentation accurate, and according to compliance specialist Comply Exchange, affidavits of unchanged status are...

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