CreditEase expands VC team for FinTech investments
Chinese peer-to-peer lending firm CreditEase is expanding its VC team with the hire of the former global CIO at Standard Charter Bank, Anju Patwardhan.
Bigstone swipes $3m to connect small businesses and investors
Australian small business-lending marketplace Bigstone has raised $3m in funding. The capital comes from private equity firm CVC.
More than $26m spent through challenger bank Mondo
UK challenger bank Mondo has passed a new milestone with more than £20m ($26m) spent through its service to date.
Bitfinex takes 36% from all users to compensate for $71m hack
Hong Kong-based bitcoin exchange Bitfinex is opting to split the cost of the $71m theft it suffered last week across all of its users.
Prosper in talks to sell $5bn worth of loans
Peer-to-peer lending firm Prosper is in talks with a group of investment firms to sell $5bn worth of loans over the next five years.
PayU set to acquire Citrus Pay for $180m
PayU, a payments provider owned by South African multinational Naspers, is acquiring Indian payments and mobile banking service Citrus Pay.
Bunker locks down $2m for insurance marketplace
San Francisco-based startup Bunker has raised $2m in a Seed round backed by Comcast Ventures, Route 66 Ventures, Hiscox and American Family Ventures.
truePTS hires former ICE technology head as CEO
Derivatives processing business truePTS, a spinout of digital trading platform operator trueEX, has appointed Zohar Hod as its CEO.Hod is joining the company from Intercontinental Exchange...
Blockchain payments provider Coinify swipes $4m
Danish blockchain payments service provider Coinify has landed $4m in a Series A round. The investment comes from Sweden’s SEB Venture Capital and SEED Capital Denmark.
German challenger bank Fidor acquired by France’s BPCE
German online bank Fidor Bank has been acquired by Groupe BPCE, France's second-largest banking group. The price of the deal is undisclosed.
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