Brazil P2P lending startup IOUU closes $1.3m round

IOUU, a peer-to-peer lending platform, has reportedly raised $1.3m in a funding round as it looks to develop several new products.

Curve and Starling Bank accused of having edited their own Wikipedia pages to remove...

Two of the UK’s most prominent FinTech scaleups have been accused of altering their own Wikipedia pages to make them seem more positive.

BRIVA FINANCE secures $20m in funding

SME lending platform BRIVA FINANCE has secured $20m in funding from the Fonds de solidarité FTQ.

Auto loan platform Tricolor collects $30m in funding

Online vehicle loan platform Tricolor has received $30m in a preferred equity investment from an unnamed global institutional investor.

UK banking platform Tide announces new expense management tool

Tide, the UK banking platform targeting small- and medium-sized businesses, have launched a new expense management tool.

Elfin Market surges past crowdfunding target

Elfin Market, which is building a peer-to-peer lending credit card, has surpassed its initial crowdfunding target.

Xendoo and Worthy Financial both receive $75,000 from the MetLife Foundation, PayPal and Village...

Two startups selected as part of the Village Capital, PayPal and MetLife Foundation-run Finance Forward US 2019 accelerator programme have filled their coffers with additional investment just as the programme drew to a close.

UK challenger bank OakNorth partners with SME-focused lender OIMIO

Dutch commercial real estate lender OIMIO has launched through a collaboration with UK-based challenger bank OakNorth.

Funding Circle completes second US securitization

Funding Circle, a peer-to-peer lending marketplace for SMEs, has completed its $252m securitization.

MoneyTap said to close $9m in round led by Sequoia Capital

Digital lending startup MoneyTap has reportedly closed a $9m investment from Sequoia Capital.

News Stories

Foreign exchange firm owner charged with fraud and misappropriation

A man operating out of a California and Tennessee-based company has been accused of wire fraud, fraud and misappropriation.

CFTC charges foreign exchange firm with fraud in a bitcoin-linked Ponzi scheme

A foreign exchange firm used its investors’ money for personal expenses such as buying a BMW, according to charges brought out against it by the Commodity Futures Trading Commission (CFTC).

FINRA lists MirrorWeb on its compliance vendor directory

MirrorWeb, a web archiving and monitoring solution, has been listed in the Financial Industry Regulatory Authority (FINRA) Compliance Vendor Directory (CVD).

SumUp launches new business payment card in partnership with Mastercard

UK-based FinTech startup SumUp has unveiled its first business payment card to give merchants smoother access to funds and clearer oversight of their finances.

FIS has signed up German Opel Bank as its first European client for its...

Hot on the heels of having extended its partnership with PayPal, FIS has now signed its first European banking client to use its core banking system.