Marketplace Lending

Marketplace Lending

Nude introduces new feature to support deposit-building for homebuyers

Financial advice firm Nude has unveiled a new feature aimed at providing people with the tools to collaborate on building a deposit for purchasing a home.

Financial comparison super app Jeff banks $1.5m seed extension for SEA expansion

Latvia-based FinTech startup Jeff, which currently only has operations in Vietnam, has raised $1.5m in a seed round extension led by J12 Ventures.

Lending Club snaps up Wall Street execs to win investor

Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.

Bezahlt picks up €3.5m for invoice financing

German invoice financing startup Bezahlt has picked up €3.5m in funding through a mixture of equity and debt.

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.

News Stories

UBS issued $500,000 fine from CFTC

The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.

How onboarding is hindering client experience

A recent blogpost by MyDocSafe has detailed how the onboarding process within wealth management is impacting the client experience through its complexity.

ESMA publishes paper setting out plans to change MiFID II reporting requirements

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

Hiro rebrands as it gears up for international expansion

Hiro, which aims to transform insurance into being prevention-first, has rebranded as Locket as it gears up for international growth.

Banking API provider M2P Fintech picks up $35m Series C

India-based M2P Fintech has secured $35m from a Series C funding round led by US investment firm Tiger Global.

See how insurance firms can use it to personalise their offering

Did you know that by 2025, almost 30% of all data created, captured, or replicated by consumer devices will be created in real-time.

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