CUneXus grabs $5m for lending automation
CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.
LendUp fined $3.6m for dodgy loans
Payday loans startup LendUp is being made to pay $3.6m by the Consumer Financial Protection Bureau for widespread violation of payday and instalment laws.
SocietyOne ropes in Beyond Bank for $1.5m investment
Australian peer-to-peer lending platform SocietyOne is partnering with Beyond Bank Australia.
UangTeman pulls in funding to process more micro-loans
Indonesian micro-lending firm UangTeman has raised an undisclosed pre-series A round in equity funding.
Chinese lenders still popular as FirstP2P nabs $70m
Peer-to-peer lender FirstP2P has raised $70m in its Series C round of funding from CCB International and San Shan Capital Partners.
AvantCredit get thumbs up from UK regulator
AvantCredit is getting the green light from UK regulators with the FCA now fully authorising the online lender.
SoFi launches employees benefits programme SoFi at Work
Social Finance (SoFi) is expanding its offering to include employee benefits and financial wellness programme SoFi at Work.
DueCource pockets £6.25m to let businesses loan on invoices
UK-based invoice financing company DueCourse has raised £6.25m ($8.1m) in new funding. The financing comes from German e-commerce-giant Rocket Internet’s venture arm Global Founders Capital.
Private equity firm hands $105m to Indian lender Hero FinCorp
Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse.
Lending Club hires new CFO to lead through turbulent times
Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.
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