P2P lending platform Amartha closes Series B round
Indonesian peer-to-peer (P2P) lending company Amartha has closed its Series B round to support expansion across the country.
Leading US banks to pilot low credit score credit scheme
Some of the biggest US banks have signed up for a government-supported pilot program aimed at using alternative data to provide credit for people with low or no credit score.
SME financer BlueVine picks up $49m
SME financing startup BlueVine has scored $49m in a Series D round of funding from its existing investors.
Jumo receives $6m from Finnfund as part of a new credit facility
Mobile financial services provider Jumo has received a $6m debt instrument from Finland-based Finnfund, as part of a credit 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.
Amazon partners with Marsh to extend product liability coverage for SMEs
Retail giant Amazon has teamed with global insurance broker Marsh to help small business sellers get affordable coverage on product liability.
Center secures additional $15m to support businesses
Center, a software company helping businesses gain visibility into and manage employee spending, has raised an additional $15m in Series B funding.
Wonga hires new CFO to steer turnaround
UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.
Blend receives $100m Series D
Consumer lending platform Blend has received $100m in its Series D funding round led by Greylock Partners.
Lendix receives ?200m debt financing to help finance 600 SMEs
Online loan marketplace Lendix has received ?200m in a debt financing round to help support over 600 SMEs.
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