Online lending technology builder FinMkt pulls in $5m in Series B
FinMkt, A New York-based company which builds B2B financial technology solutions, has pulled in $5m in its Series B round.
Divido teams up with Splitit for monthly instalment payments
Divido, a point of sale financing platform, has partnered with Splitit Payments to offer instalment payment services to customers.
SteadyPay has secured £2.9m in funding as it looks to reach 5,000 customers
SteadyPay, an app which helps freelancers access short-term loans, has reportedly secured £2.9m in equity and debt funding.
Lending platform Helicap bags $10m in its Series A
Alternative lending platform Helicap has reportedly raised $10m in Series A round, as it looks to improve its credit scoring technology.
Global Marketplace Lending investment in Q1 2020 declined as economic uncertainty takes hold
Marketplace Lending companies raised $1.4bn in the first three months of 2020, a decline of 35% compared to Q1 last year Total Marketplace Lending funding...
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...
Quasar Flash said to close $4.5m Series A round to improve its technology
Quasar Flash has reportedly raised $4.5m in its Series A round to help it deepen its credit risk analytics.
Funding Options joins SME Finance Forum
Business finance marketplace Funding Options has joined the SME Finance Forum, a global membership network of the most influential leaders in finance, in order to share its insights into how to promote the growth SMEs.
OakNorth Bank completes £5.6m loan to Gallican Investments
OakNorth Bank, the UK bank powered by OakNorth, has completed a £5.6m loan to Gallican Investments Limited, which is led by the experienced team behind Dandi.
Marqueta, Swissquote partner to offer new app-based card program
US card issuing platform Marqueta has partnered with Swissquote to provide an app-based card program that offers banking and investing services in a single space.
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