South Korean insurer buys 4.1% stake in lending Club for $66m

South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. The insurer paid $66.3m for the stake.

Tech Nation launches FinTech programme with 20 startups

Tech Nation has kicked off its inaugural UK FinTech programme with 20 companies, including a number of RegTechs.

13 FinTech startups from Y Combinator’s latest batch to take note of

Seed accelerator Y Combinator has just announced its latest batch of startups. And there are some FinTech ventures that piqued our interest.

Softbank taps mammoth Vision Fund for $800m Greensill investment

Softbank has tapped its mammoth Vision Fund to back business financing provider Greensill with $800m. The company, which counts former UK Prime Minister David Cameron...

P2P lender Zopa raises £32m to launch bank

UK peer-to-peer (P2P) lender Zopa has raised £32m in a new funding round to finance the launch of its retail banking service.

China-based Fandsiling said to bag $80.3m round

China-based Fangsiling has reportedly received an $80.3m Series F round led by 9f Bank.

FCA outlines new rules for the buy now, pay later market

The UK’s Financial Conduct Authority (FCA) has released new rules for the buy now, pay later (BNPL) market, to better protect consumers. With these new...

Blend receives $100m Series D

Consumer lending platform Blend has received $100m in its Series D funding round led by Greylock Partners.

Flender passes halfway mark for its latest funding round

Ireland-based P2P mobile lending platform Flender has raised over half of the capital for its funding round, pulling in around £1.2m, so far.

Westpac pumps $16.5m into three-month old mortgage startup

Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.

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