SME lending platform Kabbage is raising $161m
Kabbage, an SME lending platform, is in the process of raising $161m according to a filing with the Securities and Exchange Commission. The firm appears...
Online lending platform Avail Finance bags $17.2m round
Online lending platform Avail Finance has closed an $17.2m investment led by Matrix Partners India.
LendingTree acquires credit repair platform Ovation Credit
Online loan marketplace LendingTree has agreed to acquire Ovation Credit Services, a credit repair platform.
Joust looks to raise up to $700,000 in its crowdfunding campaign
Australia-based Joust, which connects home loan customers with lenders, has launched a crowdfunding campaign with a $700,000 goal.
SMB lending platform PRIS Capital bags $10m credit facility
SMB lending platform PRIS Capital has raised $10m in credit financing to support its accelerated growth.
HSBC, Avant partner to launch digital lending solution
HSBC Bank is looking to launch a digital lending solution through the support of Avant’s Amount solution.
FCA outlines new rules for the buy now, pay later market
The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...
Fund That Flip secures $11m in new investment from Edison Partners
New York-based Fund That Flip is a marketplace lender for residential real estate loans. It has announced a deal that will see equity firm Edison Partners invest $11m into the company.
Challenger bank-hopeful Zopa rumoured to have bagged eleventh hour £130m investment
Zopa might have secured a last-minute capital injection needed to ensure the peer-to-peer lender can become a challenger bank.
FinTech unicorns and startups to face a coronavirus-created “vicious cycle” that could slash their...
The global COVID-19 outbreak could worsen business and funding conditions as well as changing private FinTechs’ exit options, according to a new report.
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