Marketplace Lending

Marketplace Lending

Story Ventures seeking up to $40m for data-driven startups fund

Story Ventures is out eyeing up to $40m for a fund using data to transform business areas ranging from fintech and healthcare to business services and security.

Salary Finance collects $32.8m in Series C to support US growth

Salary Finance, a financial wellness solution for employees, has collected a $32.8m Series C to support US expansion.

Mortgage Cadence adds DataVerify to boost data verification and fraud prevention

Mortgage Cadence has added the DataVerify capabilities to its loan-origination platform to support data verification, fraud prevention, and compliance assistance.

Cerberus Capital Management aquires SME loan provider Axsesstoday

Cerberus Capital Management has acquired a majority-stake in equipment finance solution provider Axsesstoday.

Funding Options to improve customer experience through DueDil deal

Funding Options, which offers companies an alternative to business finance, will simplify its customer journey and accelerate finance applications with new DueDil partnership.

Lending startup Klub said to raise pre-seed funding whilst in sealth mode

Klub, a growth capital platform currently in stealth, has reportedly closed a $2m pre-seed funding round.

Entertainment FinTech Purely Capital launches new platform on the back of $150m investment

Purely Capital has launched a FinTech platform to improve the process of financing film and TV production as well as boosting creators' cashflows.

Tech-driven SME lender illimity posts “solid results” in the first quarter despite COVID-19

While COVID-19 is spreading across the globe, illimity has issued bullish results from the first quarter.

Buy now pay later platform Split secures its seed funding round

Split, a FinTech helping those in Singapore and Malaysia to split payments into monthly instalments, has reportedly closed its seed funding round on an undisclosed amount.

Working capital solution developer Taulia closes $60m in its new funding round

Working capital technology provider Taulia has secured a $60m investment, which was led by the Ping An Global Voyager Fund.

News Stories

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

Is 2022 the year of ESG?

Almost six months into 2022, the financial industry has already experienced a heavily chaotic year. With a mix of continuing Covid-19 troubles with the enveloping Russia-Ukraine conflict, the industry is having to evolve to new challenges.

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