Marketplace Lending

Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.

The North American Securities Administrators Association (NASAA) has released a warning for initial loan procurement.

Auto trading platform Prodigy has closed a $5.4m Seed funding round led by a group of venture capital firms.

Captain, a FinTech that helps homeowners rebuild after natural disasters, has emerged from stealth with $104m in total financing.

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

Invoicing financing platform MarketInvoice has inked a deal with Portuguese Banco BNI Europa (BNI) to provide £45m in lending commitments annually.

UK-based point of sale lending platform PayBreak has scored a ?24.5m funding round.

WebBank will invest up to $250m into digital financial solution developer Avant, as part of a securitisation deal.

Finova, the UK's foremost cloud-based mortgage and savings software provider, has entered into a strategic alliance with Hexaware, a global technology and business process services powerhouse. This partnership is a significant move in the FinTech industry, aiming to revolutionize the mortgage and savings sector.

German credit scoring and lending company Kreditech has landed €110m in the largest equity investment into German FinTech company to date.