Marketplace Lending

Eduvanz bags $3m in new investment round

Student loan startup Eduvanz has secured $3m in a Series A round led by Sequoia's SCI Investment VI fund.

FCA concerned about credit firms allowing repeat borrowing

From: RegTech Analyst The UK's top financial markets regulator is concerned about credit firms' practices after a review revealed that relending often leave vulnerable customers...

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.

Affirm could be the next FinTech to launch its IPO and could reach a...

Buy now, pay later company Affirm may be the next FinTech to be eyeing an initial public offering, which could see it valued at a mammoth $10bn.

iwoca said to raise £100m as it looks to increase loans issued under the...

Small business loan provider iwoca has reportedly raised £100m in funding to increase its capabilities as a Coronavirus Business Interruption Loan Scheme (CBILS) provider.

Ireland’s CreditLogic said to raise €1.5m in its seed round

Irish FinTech startup CreditLogic has reportedly raised €1.5m in its seed round and launched its new Virtual Assistance feature.

Struggling business lender OnDeck acquired by Enova in $90m deal

Online lender Enova International is acquiring struggling rival OnDeck Capital in a deal worth $90m.

Are smaller startups ready for big tech entering the FinTech space?

Big tech firms already control what people watch, buy and find online. Now, some of them are trying the waters of FinTech.

Venio launches its credit app in the Philippines

New York-headquartered Venio has begun offering easy-to-access credit facilities to unbanked consumers in the Philippines.

Revolut COO Richard Davies leaves to join Allica bank as its new CEO

New business bank Allica Bank has named Richard Davies as its CEO. He joins after having served a year as COO of challenger bank Revolut.

News Stories

Over $3bn raised in this week's 29 FinTech funding rounds

Over $3bn raised in this week’s 29 FinTech funding rounds

Over $3bn was raised by FinTech companies this week, supercharged by a colossal €1.5bn raised by UK-based SumUp. 
Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena welcomes Rajesh Mehta to enhance transaction banking strategy

Intellect Design Arena, a pioneering FinTech company known for its cloud-native, API-led microservices-based multi-product platforms, has appointed Rajesh Mehta to its Growth Advisory Board.
League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League data and Mambu revolutionize Canadian credit unions with new digital banking platform

League Data and Mambu have embarked on a groundbreaking journey to transform the Canadian financial landscape by introducing advanced cloud banking solutions to credit unions.
Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint and Oscilar unite to enhance fraud prevention in FinTech

Fingerprint, known as the world's most accurate device intelligence platform, is partnering with Oscilar, a leader in AI-driven risk and fraud management.
Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English and dLocal forge strategic partnership to revolutionise local payments in emerging markets

Open English, an online English-learning platform operating in over 30 countries, and dLocal, a leading cross-border payment platform specializing in high-growth markets, have recently announced a significant partnership.

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