Marketplace Lending

32 rounds raised in the last week that could add some optimism despite Covid-19

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

Estonia’s Montonio reportedly raises €500,000 in pre-seed funding

Estonian FinTech platform Montonio, which lets users compare loans, has reportedly raised €500,000 in pre-seed funding.

AwanTunai scores $20m in new round

Indonesian lending platform AwanTunai has picked up $20m in a new raise led by Accial Capital.

Lendistry and FarmLink receive funding from Comerica Bank

Lendistry, a small business loan platform, has scored a $1.5m investment from Comerica Bank, which will help it increase its loan balance.

Selina Finance bags ?42m in new round to strengthen its loan capabilities for SMEs

SME loan FinTech Selina Finance has raised ?42m in a new round to grow the business.

InCred said to raise Rs 500 Crore ($66.9m) in debt funding

Online lending platform InCred has reportedly bagged RS 500 Crore ($66.9m) in a debt funding line.

Miss these 27 funding rounds at your own peril

From stocktrading to teenage finances, last week's funding rounds provide plenty of things to consider for the future of the industry.

CampusLogic collects $120m in a minority investment from Dragoneer

Student finance support platform CampusLogic has collected $120m in a minority investment from Dragoneer Investment Group.

Working capital solution developer Taulia closes $60m in its new funding round

Working capital technology provider Taulia has secured a $60m investment, which was led by the Ping An Global Voyager Fund.

BoE accused of “setting the UK SME finance sector back several years” by excluding...

FinTechs and other non-bank lenders will not be able to access funding from the Bank of England that would help them deliver emergency loans, which has sparked accusations of the central bank hampering competition.

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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