Marketplace Lending

Split, a FinTech helping those in Singapore and Malaysia to split payments into monthly instalments, has reportedly closed its seed funding round on an undisclosed amount.

Financial management platform a55 has reportedly closed a $2m investment from E3 Negócios to grow the size of its team.

UAE-based Tabby, a buy now pay later service provider, has reportedly raised $7m in its seed funding round.

The US might be about to change its rules about cryptocurrencies, RegTech and digital banking in a big way.

The coronavirus has skewed the old way of rating loans, which is why UK challenger bank OakNorth has developed its COVID Vulnerability Rating (CVR) framework to rate the risk of loans.

Canada-based mortgage comparison platform nesto has closed its Series A round on $11.5m, coming at a time of increased activity on its platform.

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.

As the Latin American FinTech space is going from strength to strength, a55 has bagged a round of investment from the Santander Group's venture capital fund.

With over 500,000 UK SMEs facing significant financial distress because of COVID-19, the partnership between invoice insurance provider Nimbla and credit risk assessment platform Wiserfunding could provide some peace of mind.

Splash Financial, a student loan refinance marketplace, has collected $12.3m in its Series A round to support growth in the US.