Marketplace Lending

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Camino grabs $2m for Hispanic-owned business lending

Online credit marketplace Camino has raised $2m in a new round of venture funding. The investment was led by Collaborative Fund and Hunt Holdings with Comcast Ventures and Impact America also contributing.
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Clara grabs $27m for mortgage lending

California-based mortgage lender Clara has raised $27m in a round of venture funding led by Redpoint Ventures and Venrock.
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US lender loanDepot reels in $150m in term debt financing

loanDepot, which claims to be the second-largest nonbank consumer lender in the US, has landed $150m in term debt financing.

Lendified grabs $20m credit facility to fund small businesses loans

Canadian small-business lender Lendified has secured senior debt for a new credit facility of up to $20m to underwrite loans.

Avant secures $255m and $392m deals for online loans

Online lender Avant is unveiling a $255m asset-backed securitisation deal with investment banks, as well as a renewal of its $392m warehouse facility deal

Touzhijia.com pulls in $12m for peer-to-peer lending

Touzhijia.com, a Chinese peer-to-peer lending platform, has raised $12m in a Series A round from US VC-firm CDF Capital.
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SoFi settles lawsuit with $2.4m fine

Online lender SoFi (Social Finance) is settling a class-action lawsuit by paying a $2.4m fine.
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Faircent takes $1.5m for Indian peer-to-peer loans

Peer-to-peer lending firm Faircent says it’s attracted more than 6,000 registered lenders and 26,000 borrowers.
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Fusion Microfinance scores $24m for small loans

Fusion Microfinance, an Indian startup focusing on providing loans to women in underserved areas, has raised $24m in a Series D round.
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Finova racks up $52.5m in VC-backed financing round

FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.

News Stories

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.

Staggering $1bn Wiz deal headlines this week’s FinTech funding rounds

A staggering $1bn tranche secured by Wiz headlined this week's FinTech funding rounds, which topped out at a mammoth $1.448.8bn.
Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group and Mastercard unite to revolutionise cross-border payments in Africa

Access Bank Group, a leading multinational bank, has partnered with Mastercard, a global technology company in the payment industry, to facilitate cross-border payments for African businesses and consumers.
Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo introduces the Signify Business Cash Mastercard

Wells Fargo & Company today announced the introduction of the Signify Business Cash World Elite Mastercard, a new business credit card featuring top-tier cash rewards.
Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum and TransactionLink unite to revolutionise FinTech onboarding

Tuum, a leader in next-generation core banking services, has teamed up with TransactionLink, which helps automate and orchestrate KYB/KYC processes.
Basware expands financial sccuracy with AP matching acquisition

Basware expands financial sccuracy with AP matching acquisition

Basware, a pioneering entity in AP automation and invoice processing, has recently acquired AP Matching, enhancing its position in the financial technology landscape.

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