Marketplace Lending

Marketplace Lending

KrazyBee bags $8m Series A led by Xiaomi Technologies, Shunwei Capital

Micro-lending platform KrazyBee has bagged a $8m Series A financing round led by Xiaomi Technologies and Shunwei Capital.

Credible raises $50m in IPO on ASX

Online loan marketplace Credible has raised $50m in its IPO on the Australian Securities Exchange.

Investly moves past midway point for crowdfunding campaign

Invoice financing platform Investly has moved passed the halfway mark of its crowdfunding campaign on Seedrs. The company has currently raised up to £296,574, which...

P2P lending platform Celsius closes ICO on $50m

P2P decentralised lending and borrowing platform Celsius has closed its ICO on $50m.

LendingTree acquires credit repair platform Ovation Credit

Online loan marketplace LendingTree has agreed to acquire Ovation Credit Services, a credit repair platform.

Tally takes home $25m for Series B led by Kliener Perkins

Automated debt manager Tally has closed its Series B round on $25m, with Kleiner Perkins acting as the lead backer.

Funding Circle valued at £1.5bn following launch on London Stock Exchange

P2P lending platform Funding Circle has launched on the London Stock Exchange and pulled in £300m.

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.

News Stories

IDnow could have achieved “game-changing” first with new AI identity verification product

RegTech IDnow has unveiled its new identity verification product AutoIdent Substantial.

Global cyber insurance market’s revenue expected to reach $70.67bn in 2030

The global cyber insurance market's revenue is expected to grow at a massive 26.3% compound annual growth rate in the next ten years to reach $70.67bn in 2030.

Executives plan to increase cybersecurity budgets

New PwC research reveals executives plan to invest more in cybersecurity as the fallout of the pandemic makes hack attacks more likely.

Web application hack attacks jumped by 800% in the first six months of 2020

New research reveals that web application attacks increased by 800% between January and June in 2020, compared to the same period in 2019.

Revolut is expanding Revolut Junior so more adults can control children’s finances

Revolut has added the option for a second parent to supervise children's Revolut Junior accounts.

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