There’s change coming at the top of online lender Prosper Marketplace with CEO Aaron Vermut leaving the company at the end of the month.
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.
Alibaba Entrepreneurs Fund is making its first FinTech investment in backing Hong Kong-based invoice financing platform Qupital's Seed round.
SME lending platform Kabbage has received a $250m investment from a subsidiary of SoftBank Group.
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...
Kabbage, an SME lending platform, has landed $200m from Credit Suisse to expand its AI-based business loans.
India-based OptaCredit has secured a $4m credit facility from DMI Finance to support the support its existing offerings.
Israel-based P2P lender Blender has reportedly closed a $16m round comprised of debt and equity.
Figure, a credit provider for home improvements, has reportedly raised $50m in funding.
India-based online lending platform LoanTap has reportedly collected $6.25m in a funding round led by Shunwei Capital.