Marketplace Lending

DFI closes $50m, as Finstar looks to boost its presence in APAC

Lending platform Digital Finance International has received a $50m investment from Finstar Financial Group as the firm looks to boost its position in the APAC region.

Student loan provider MPOWER seeks $100m debt financing

Student loan provider MPOWER Financing has launched a $100m debt financing round to help meet its loan application demand.
fintech-news

Swiss SME lender Tradeplus24 secures $100m credit facility

Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Zurich-based Tradeplus24 is parented with AIG and Kessler & Co.

Chinese regulators crack down on peer-to-peer lending

Chinese authorities are cracking down on the nation booming peer-to-peer lending space with new regulations.
New-York-based-lender-Dwight-Funding-bags-$100m-credit-facility

New York-based lender Dwight Funding bags $100m credit facility

Dwight Funding, a New York-based lender, has received a $100m asset-based revolving credit facility from private and commercial bank IDB Bank.

PayZen closes funding to bolster underwriting capabilities of its AI

PayZen, which is on a mission to help patients pay for hospital care in a more manageable way, has secured $15m in its Series A as it gears up its AI development.

Brazil’s Facio said to raise $5m in its seed round

Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.

CreditEnable opens $2 pre-Series A to support next generation of its platform

CreditEnable, an online marketplace for SME loans, is launching a $2m pre-Series A round.

P2P lending platform Finzy closes pre-Series A on $2.3m

India-based P2P lending platform Finzy has raised an additional $1m to its pre-Series A round, bringing its total to $2.3m.

P2P lending platform Celsius closes ICO on $50m

P2P decentralised lending and borrowing platform Celsius has closed its ICO on $50m.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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