London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.
Auto giant Ford is making an investment in the FinTech space and backing auto financing startup AutoFi. The size of the investment in the San Francisco startup is undisclosed.
UK-based digital mortgages startups habito has picked up ?5.5m in a Series A round led by Silicon Valley-based VC Ribbit Capital.
Texas-based online lender BorrowersFirst has secured $100m in debt financing to accelerate loan originations and grow its balance sheet.
Online student loans marketplace Credible has picked up $10m in its Series B round. Regal Funds Management led the round.
UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.
Social peer-to-peer (P2P) lending platform Flender has secured more than £500,000 in a equity crowdfunding campaign on Seedrs.
SME lender Loan Frame has picked up $2.25m in a seed round led by Vedanta Capital.
Peer-to-peer (P2P) lending platform Funding Circle has raised $100m in a Series F round led by Accel Partners.
Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital.