Marketplace Lending

It's hardly a secret that many people are facing a lot off financial hardship because of the coronavirus. That's why the Financial Conduct Authority (FCA) offered more guidance to credit customers affected by the virus.

LenderLive Services has acquired mortgage loan underwriting and due diligence technology developer reQuire from private equity firm L2 Capital Partners.

Elfin Market, which is building a peer-to-peer lending credit card, has surpassed its initial crowdfunding target.

PropTech platform EasyKnock has netted $3.5m in its Seed round of funding and $100m through debt financing.

Solaris, a prominent figure in the German FinTech sector, is experiencing hurdles as it tries to garner the necessary funding, casting shadows over its capability to fulfil a pivotal credit card agreement for ADAC, Europe’s leading motorists association. This situation hints at emerging challenges in the European FinTech domain.

Finverity, a digital ecosystem for trade and supply chain finance, has secured $5m in a heavily oversubscribed equity funding round.

Brazilian FinTech BizCapital has raised $3.55m in a new funding round led by Dutch investor Oikocredit with the participation of the group Wharton Alumni Angels.

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round.

Pintek, a FinTech company which aims to help boost access to education in Indonesia through credit, has collected $7m in its Series A round. The...

After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.