The California Department of Business Oversight (DBO) has denied point-of-sale (POS) lender Sezzle to offer loans after finding it engaged with illegal unlicensed lending.
POS lending platform ZestMoney has reportedly raised $15m in a Series B round led by Goldman Sachs.
Hometap, which enables homeowners to tap into their home equity without taking out a loan, has raised $100m in funding.
Hot on the heels of Monzo, Starling Bank has changed its overdraft fee rules on the back of a Financial Conduct Authority (FCA) decision.
Applying for a mortgage might become easier at TSB Bank in the future as the company has decided to leverage FinTech firm Iress’ technology.
Student Finance, a startup offering students an alternative to a loan, has reportedly raised €1.15m in a funding round.
Employee benefits company Hastee has netted £208m in its funding round to support the growth of its services.
London-based FinTech Funding Xchange has secured £8m in a new funding round, leaving the door open for the company to accelerate the development and rollout of new solutions.
FinTech company OneConnect has teamed up with Union Bank of the Philippines (UnionBank) and Sinar Mas Multi-finance, a subsidiary of Sinar Mas Multiartha, to launch two new lending platforms in South-East Asia.
Pintek, a Jakarta-based lending platform for accessing education, has allegedly secured an undisclosed pre-Series A round.