Marketplace Lending

Marketplace Lending

Float grabs $3m for millennial credit lending

Credit line lender Float has raised $3m in what it’s calling an angel round from investors include Camp One Ventures, Funders Club and 500 Startups.

Bitcoin-based SME lender Bitbond swipes €5m

Bitcoin peer-to-peer lending platform for SMEs Bitbond has closed €5m in debt financing to fund loans on its platform.

Canada-based Borrowell rakes in $57m

Canada-based Borrowell has nabbed $57m in its Series A funding round to help with its free credit score, loan offerings, and other financial products.

RateSetter Australia closes funding round led by Five V Capital

P2P lending platform RateSetter Australia has closed a $10.5m capital funding round led by Five V Capital.

Kissht nets $10m in round led by Fosun International

Payment credit application Kissht has reportedly netted a $10m investment led by China-based Fosun International.

Cash 4 You nets CAD $40m from Comvest Credit Partners

Loan provider Cash 4 You Corp has netted CAD$40m ($32m) from Comvest Credit Partners in a senior term loan.

Invoice Bazaar said to make undisclosed investment in ODeX

Dubai-based Invoice Bazaar has reportedly made an undisclosed investment in to online ODeX.

Tala nets $50m Series C to support Mexico, India expansion

Tala, a credit provider to undeserved customers, has netted $50m in its Series C funding round led by Revolution Growth.

LendStreet closes $7m Series A, lands $110m in debt financing

LendStreet, an online consumer debt restructuring and consolidation platform, has closed a $7m Series A round and landed $110m in debt financing.

POS lending platform ZestMoney said to raise $13.4m

India-based POS lending platform ZestMoney has reportedly raised $13.4m in a new investment round.

News Stories

How Cobwebs is stopping the game of whack-a-mole in the fight against money laundering

Money laundering in global financial markets is like “whack-a-mole”, when you stop one scheme, another just pops up, according to Daniel Nisman, the head...

Signifyd launches new tool for online retailers

Signifyd has launched its Authorization Rate Optimization solution, a new tool which will help online retailers maximise conversion rates and protect themselves from fraud.

Barclaycard Payments implements Kount to combat fraud

Barclaycard Payments has formed a new deal with fraud prevention company Kount to improve its fight against fraud.

WealthTech100 company Appway secures $37m in funding

Switzerland-headquartered Appway, which builds business process automation software, has closed a $37m minority investment from private equity firm Summit Partners.

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.