Marketplace Lending

Xepelin, a payment platform and business financial services for small to medium sized enterprises (SMEs) in Latin America, has raised $111m in Series B funding.

New York-based venture capital firm FinTech Collective aims to raise $100m for its second FinTech-dedicated fund.

Student finance support platform CampusLogic has collected $55m in its latest growth equity stage led by JMI Equity.

Canadian FinTech Pine, which wants to “reimagine the homeownership process”, has raised C$27m comprising of seed and Series A funding.

Spanish invoice finance firm Arex Markets has bagged $8.8m in a Series A funding round that has enabled it to accelerate its launch in the UK and Spain.

The Chinese authorities are cracking down on suspicious peer-to-peer (P2P) lending platforms with raids on the offices of two businesses connected with Shanghai Kuailu Investment Group.

Consumer lending platform INSIKT has netted $50m in Series D funding, which was led by Grupo Coppel.

SME lending platform BRIVA FINANCE has secured $20m in funding from the Fonds de solidarité FTQ.

From Monzo's seeing its valuation plummet to Checkout.com becoming one of Europe's most valuable FinTechs, the last week has been full of funding rounds that could cause big waves in the sector.

Out of the 29 FinTech funding rounds we reported on last week, cybersecurity companies, InsurTechs and challenger banks were among the clear winners.