Lending Club, Funding Circle investor USV raises more than $428m across new funds
Union Square Ventures has pulled in more than $428m of new capital across a pair of vehicles.
Invoier collects investment from European Innovation Council
Invoier, a marketplace for trading invoices, has received a €4.1m investment from the European Innovation Council (EIC) Fund.
MODIFI receives $60m debt facility to support move into the US
MODIFI, which claims to solve global trade finance for small and medium businesses, has received a $60m debt facility with Silicon Valley Bank.
ElGameya secures six-figure investment to support development of group lending solution
Group lending app ElGameya has reportedly bagged six-figure pre-seed investment from an angel syndicate.
Libra Credit picks up funding from Binance Labs, as part of new partnership
Libra Credit, a decentralised lending network, has received an investment from Binance Labs of an undisclosed amount.
MarketFinance secures £50m in loan investment to help businesses struggling due to Covid-19
London-based MarketFinance has secured a £50m loan investment from Israeli asset manager Viola Credit to help UK businesses struggling because of the pandemic.
Credit risk FinTech DirectID receives €9m minority investment
UK-based DirectID, which offers credit risk, risk analytics and predictive modelling services, has received a €9m minority investment from Ingka Investments.
After a tough year for lending Prosper signs $5bn deal
After a tough year for the online lending market and a change of CEOs, peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans.
POS lending company PayBreak secures £15m in funding from Paragon
Point-of-sale lending company PayBreak has secured an additional £15m in funding from banking group Paragon.
NCR Corporation forms partnership with NYMBUS to support SMEs
NCR Corporation, a developer of payment services, is partnering with NYMBUS to help small businesses hit by the coronavirus pandemic.
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