American Express VC arm, Healthcare of Ontario pension back $70m Better Mortgage Series C
The VC arm of American Express and the Healthcare of Ontario Pension Plan (HOOPP) were among backers of a $70m Series C round for US digital mortgage lender Better Mortgage.
India-based GetVantage said to close $5m seed round
Revenue-based financing platform GetVantage has reportedly closed $5m in its seed funding round, which will help it to expand into new markets across Southeast Asia.
PayPal to deposit $135m to tackle economic inequality in underserved communities
PayPal will deposit $135m into financial institutions and management funds to help underserved communities of colour fight economic inequality.
BlueVine doubles loan sizes, just months after bagging a new credit facility
Online lending platform BlueVine has doubled the size of its invoice factoring service to up to $5m.
General Atlantic eyes Brazilian lending startup
General Atlantic is reportedly in talks to buy a minority stake in Brazilian online lending startup Geru Tecnologia e Serviços SA.
ING backs German SME platform FinCompare
FinCompare, a Berlin-based startup offering a comparison platform for SME financing, has closed a €10m Series A round.
BlueVine bags additional $12m for its Series E
BlueVine, a working capital supplier for small and medium-sized businesses, has raised an additional $12m to its Series E.
POS financing company Bread has raised $60m in funding
Bread, a point-of-sale financing service provider, has secured $60m in a new equity financing round.
Story Ventures seeking up to $40m for data-driven startups fund
Story Ventures is out eyeing up to $40m for a fund using data to transform business areas ranging from fintech and healthcare to business services and security.
Landbay closes $1bn deal to support its lending capabilities over coming years
Buy-to-let mortgage lender Landbay has signed a $1bn deal with an unnamed leading financial institution to help fund loans over coming years.
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