InCred raises $75m in the largest Indian FinTech round this year
InCred, an Indian alternative lender has raised $75m in the largest round for an Indian FinTech startup so far this year.
Chinese regulators crack down on peer-to-peer lending
Chinese authorities are cracking down on the nation booming peer-to-peer lending space with new regulations.
Four major banks partner to push blockchain transactions
Four of the world largest banks are partnering to develop a digital currency with the aim of creating an industry standard for blockchain-enabled trades and transactions.
Market surveillance firm Ancoa sets up advisory board
Ancoa Software, a contextual surveillance and insightful analytics provider for exchanges, regulators, and buy and sell-side firms, is establishing an advisory board.
Fundation lands $100m credit facility from Goldman Sachs
Small business lending startup Fundation has secured a $100m asset-backed credit facility from Wall Street giant Goldman Sachs.
SigOpt takes $6.6m for research optimisation
SigOpt has raised $6.6m in a Series A round led by Silicon Valley heavy weight Andreessen Horowitz.
Peer-to-peer InsurTech startup Lemonade grabs funding
Peer-to-peer insurance company Lemonade has raised a new round of funding from XL Innovate, the venture capital arm of insurance firm XL Catlin. The size of the round is undisclosed.
Dubai’s Eureeca crowdfunds $400,000 on own platform
Equity crowdfunding platform Eureeca has raised $400,000 in funding on its own platform in just 12 days.
Scoro swipes $1.9m for workplace automation platform
Work management and financial tools startup Scoro has raised $1.9m in a seed round of funding.
LendUp raises $47.5m to expand credit card offering
Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator Continuity growth fund.
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