Marketplace Lending

Former international rugby player Tom Powell’s FinTech platform BondAval raises $1.64m

BondAval, which aims to democratise access to credit terms, has closed its seed round on $1.64m.

Lendio picks up $20m round after lending grows 93%

Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.

Peer-to-peer lender JULO has expanded its Series A round by $10m

Indonesian peer-to-peer lender JULO has extended its Series A funding round with $10m

Hydr unveils invoice finance platform to aid SMEs with cash flow

UK FinTech startup Hydr has launched an invoice finance platform focused on tackling ‘poor payment culture’ among SMEs.

Brazil P2P lending startup IOUU closes $1.3m round

IOUU, a peer-to-peer lending platform, has reportedly raised $1.3m in a funding round as it looks to develop several new products.
fintech-news

Lendingkart closes $87m Series C led by Fullerton

India-based online lending platform Lendingkart Technologies has closed an $87m in a Series C equity round.

Sunlight Financial scores $130m for solar financing

Sunlight Financial has raised $130m for its residential solar systems financing platform. The investment comes from Tandem and Moven backer Route 66.

Mortgage POS platform Cloudvirga closes Series C on $50m

Digital mortgage point-of-sale software developer Cloudvirga has raised $50m in its Series C funding round.

MPOWER Financing secures $100m equity funding

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

CapitalBay picks up $477,000 equity round from KK Fund

Malaysia-based CapitalBay has reportedly picked up a $477,000 funding round from KK Fund.

News Stories

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.

Jensten Group lands over £170m in new borrowing facilities to further growth plans

Jensten Group, a leading UK insurance broker, has announced that it has landed over £170m in new borrowing facilities over the past six months.
The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.

Generali approves new organisational structure for an integrated insurance and asset management group

The Board of Directors of Generali has approved a new organisational structure to reflect the Group’s main activities, as proposed by the Group CEO, Philippe Donnet.
Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.

Stephen Pike to head new credit insurance venture backed by Investor Beat Capital Partners

Investor Beat Capital Partners is set to launch Convergence, a credit insurance business led by founder and chief executive Stephen Pike.
Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer their Cyber Insurance to Acronis' small and medium-sized business customers in the US.

Mulberri and Acronis join forces to offer embedded cyber insurance to US SMBs

Mulberri, an AI-driven insurance platform, has announced a partnership with Acronis to offer Mulberri’s Cyber Insurance to Acronis' small and medium-sized business customers in the US.
Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

Mastercard launches mobile virtual card app to simplify travel and business expenses

Mastercard has unveiled a new mobile virtual card app designed to facilitate seamless corporate payments by enabling virtual commercial cards to be easily added to digital wallets.

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