Marketplace Lending

Capchase secures funding to help startup growth

Capchase, a provider of non-dilutive capital for recurring revenue businesses, has raised $80m in Series B funding.

B2B BNPL service Mondu surpasses $43m in its Series A

German buy now, pay later platform Mondu has scored $43m in its Series A funding round, which was led by seasoned FinTech investor Valar Ventures.
Funding Societies receives credit for SME digital financing

Funding Societies receives credit for SME digital financing

Funding Societies, which claims to be Southeast Asia's largest small and medium enterprises (SME) digital financing platform, has secured a $50m credit facility.
Prosper

P2P lending platform Prosper nets $75m

Prosper Marketplace, a peer-to-peer lending platform in the US, has closed a new $75m financing round from Neuberger Berman.
Singapore-based-neobank-aspire-bags-$100m-serving-SMBs-southeast-asia

Singapore-based neobank Aspire bags $100m

Aspire, a Singapore-based neobank serving SMBs and startups in Southeast Asia, has raised $100m in a Series C funding round.
fintech-firm-percent-secures-29-7m-in-oversubscribed-series-b-funding

FinTech firm Percent secures $29.7m in oversubscribed Series B funding

Percent, the company behind the groundbreaking private credit market platform, has successfully wrapped up an oversubscribed Series B funding round, generating nearly $30m.
Jenius Bank pioneers personal loans as its initial product launch

Jenius Bank pioneers personal loans as its initial product launch

Jenius Bank, the digital banking arm of Manufacturers Bank, a state chartered commercial bank based in California and wholly owned subsidiary of SMBC Americas, a member of the global powerhouse SMBC Group, has announced the release of its very first consumer product – personal loans.
Verqor secures $7.5m to revolutionise Mexico’s agri-FinTech space

Verqor secures $7.5m to revolutionise Mexico’s agri-FinTech space

Verqor, a pioneering FinTech firm committed to the digitalisation of Mexico’s agricultural sector, is making significant strides in the industry.
fintech insurtech wealthtech regtech ai cybertech esg news

Zopa becomes first P2P lender to pass £2bn milestone

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.

Elfin Market surges past crowdfunding target

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

News Stories

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.

$140m BlueVoyant deal steals headlines in this week’s FinTech funding rounds

A $140m investment secured by cyber security firm BlueVoyant stole headlines in this week's FinTech funding rounds.
transaction

The role of AML and transaction monitoring

In a world where opportunities for financial crime lurk in every corner, the need for strong AML and transaction monitoring practices are vital.
In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.

The four pillars shaping the future of risk management

In the dynamic realm of risk management, pivotal factors are reshaping the role of risk executives. Financial crimes compliance, a pivotal aspect of risk management, necessitates vigilance and innovative strategies. Among these, four key factors—Revenue, Cost, Ethics, and Regulation—stand as paramount forces propelling risk leaders into the future.
financial

The future of financial compliance: Agile management through automation

The landscape of financial regulations is ever-changing, posing a significant challenge for compliance in the financial services industry.
The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Why CDR matters for London market brokers

The London Market is on the precipice of a digital transformation, and one significant initiative propelling this change is the Core Data Record (CDR) introduced by Lloyds as part of the Lloyd’s Blueprint Two programme. This strategic move aims to standardise and streamline the collection of critical transaction data, marking a pivotal leap in market efficiency. InsurTech Novidea explains why CDR matters for London market brokers. 

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week