Marketplace Lending

PayBreak scores ?24.5m for latest funding round

UK-based point of sale lending platform PayBreak has scored a ?24.5m funding round.
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MoneyTap raises $12.3m in round led by Sequoia Capital India

Lending app MoneyTap has reportedly raised $12.3m in its latest funding round led by Sequoia Capital India.

Credit Peers raises ?45m in its latest funding round

UK-based P2B Credit Peers has received ?45m in its latest funding round from a European investment management firm.
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Lendingkart Finance lands $7.7m funding from YES BANK

Lendingkart Finance has received its latest funding, with a $7.7m investment from India’s fourth largest private sector bank YES BANK.
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Kissht nets $10m in round led by Fosun International

Payment credit application Kissht has reportedly netted a $10m investment led by China-based Fosun International.
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SlicePay said to secure $2m Series A

Credit lending platform, SlicePay has reportedly received a $2m Series A round from japan-based Das Capital and Simile Venture Partners.
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Stone Point Capital exits Access Point Financial in $350m+ deal

Stone Point Capital has exited lending platform Access Point Financial to WCP Investments, in a deal worth over $350m.
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Equiniti acquires end-to-end loan management provider Nostrum

Payment and administration services provider Equiniti Group has acquired end-to-end loan management provider Nostrum.
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Applied Data Finance picks up $6.5m for sub-prime lending platform

Applied Data Finance has raised a fresh $6.5m in convertible notes and is also extending its existing credit facility with Victory Park Capital from $50m to $75m through to 2021.

Portugal-based RAIZE draws in ?10m from Banco BNI Europa

Peer-to-peer lending platform RAIZE has received a ?10m investment from Banco BNI Europa. The company will receive the funding over the course of two years.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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