Marketplace Lending

StepLadder raises £1.5m in seed funding

StepLadder, a UK-based FinTech helping first-time buyers to buy a property, has reportedly raised £1.5m in seed funding.

Auto loan platform Tricolor collects $30m in funding

Online vehicle loan platform Tricolor has received $30m in a preferred equity investment from an unnamed global institutional investor.

India-based LoanAdda closes funding round

LoanAdda, which offers small-ticket loans, has collected a funding round through the fundraising platform ah! Ventures High Tables.

ScaleFactor forced to shut down operations because of Covid-19 despite having raised over $100m

Bookkeeping and payroll FinTech startup ScaleFactor shuts down operations after raising over $100m in just over a year.

American Express acquires small business loans FinTech Kabbage

American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.

How the 34 FinTech rounds raised last week show where the InsurTech and cybersecurity...

Last week proved to be good week in terms of FinTech investment, with the rounds revealing the state of CyberTech and InsurTech.

The 38 FinTech funding rounds raised last week highlight the success of payments companies...

While the payments industry has reason to celebrate, last week also proved a boon for 38 FinTech companies closing investment rounds. The FinTech industry returned...

Digitalised mortgage platform BeSmartee closes strategic investment

BeSmartee, which develops software for digital mortgage platforms, has secured a strategic growth investment from venture firm M33 Growth.

After graduating from YC, Houm banks $8m to improve the home rental market in...

Fresh out of Y Combinator’s W21 cohort, PropTech firm Houm secured an $8m seed round.

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.

News Stories

Cybsafe

Banking sector tops consumer trust for cybersecurity, research finds

Research from CybSafe has unveiled that consumers place the highest trust in the banking industry when it comes to safeguarding sensitive data.
Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.

Insurance startup Urban Jungle set to announce $14.4m funding raise

Urban Jungle, a London-based insurance startup, is gearing up to announce a substantial funding round of around $14.4m this week, as reported by Sky News.
AAB

AAB Group launches dedicated ESG division to navigate regulatory changes

AAB Group is a professional services firm, offering a comprehensive range of financial and advisory solutions to businesses across the UK and Ireland. According to...
FSB

FSB Asia highlights urgency for climate-focused financial stability measures

FSB RCG Asia convened in Colombo today, addressing crucial financial concerns and exploring avenues for bolstering regional financial stability.
Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

InsurTech MGA Loadsure enters European market

Loadsure, an international InsurTech managing general agent (MGA) and Lloyd’s coverholder, has launched into the European market.

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