fintech-news
Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit.
fintech-news
Challenger bank Tandem is set to receive a £35m investment form UK department store firm House of Fraser.
Financial agreement automation platform Dealflo has picked up £10m in a Series B round led Holtzbrinck Ventures. Existing backer Notion Capital also participated alongside Frog Capital.
After a tough year for the online lending market and a change of CEOs, peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans.
Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated in the Series F round.
Silicon Valley and Singapore-based VC firm K2 Global has closed its new fund with $183m to invest across Asia and the US.
Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).
AI-powered financial assistant Clinc has picked up $6.3m in a Series A round led by Drive Capital. Hyde Park Venture Partners and Cahoots Holdings also participated.
The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated in the round.
Financial core technology provider Nymbus has raised $16m in a new round led by Home Credit Group.

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