Marketplace Lending

fintech-news

BlueVine snags $75m credit line from Fortress Credit

Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit.

After a tough year for lending Prosper signs $5bn deal

After a tough year for the online lending market and a change of CEOs, peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans.

SoFi scoops up $500m to expand into Canada and Australia

Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.

Prospa raises largest ever Australian FinTech VC round

The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the 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.

Tala scores $30m for emerging market financial services

Credit scoring and lending startup Tala has picked up more than $30m in a Series B round led by Institutional Venture Partners (IVP).

MoneyTable picks up $1.5m and aims for 1m users this year

Thai employee financial well-being startup MoneyTable has closed $1.5m in a seed round from K2 Venture Capital and Kejora Ventures.

ID Finance pockets $50m to expand into Latin America

Emerging markets-focused credit scoring and lending startup ID Finance is has raised $50m in debt funding to expand across Latin America.

Float grabs $3m for millennial credit lending

Credit line lender Float has raised $3m in what it’s calling an angel round from investors include Camp One Ventures, Funders Club and 500 Startups.

VC giant KPCB among latest Better Mortgage funding round backers

Tech-driven mortgage bank Better Mortgage has picked up a $15m Series B financing round from Kleiner Perkins Caufield & Byers, Goldman Sachs and Pine Brook.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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