InCred, an Indian alternative lender has raised $75m in the largest round for an Indian FinTech startup so far this year.

Chinese authorities are cracking down on the nation booming peer-to-peer lending space with new regulations.

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.

Ancoa Software, a contextual surveillance and insightful analytics provider for exchanges, regulators, and buy and sell-side firms, is establishing an advisory board.

Small business lending startup Fundation has secured a $100m asset-backed credit facility from Wall Street giant Goldman Sachs.

SigOpt has raised $6.6m in a Series A round led by Silicon Valley heavy weight Andreessen Horowitz.

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.

Equity crowdfunding platform Eureeca has raised $400,000 in funding on its own platform in just 12 days.

Work management and financial tools startup Scoro has raised $1.9m in a seed round of funding.

Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator Continuity growth fund.