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 has kicked off its inaugural UK FinTech programme with 20 companies, including a number of RegTechs.
Seed accelerator Y Combinator has just announced its latest batch of startups. And there are some FinTech ventures that piqued our interest.
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...
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 Fangsiling has reportedly received an $80.3m Series F round led by 9f Bank.
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...
Consumer lending platform Blend has received $100m in its Series D funding round led by Greylock Partners.
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.
Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.