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

Goal-based investing is a trend for wealth management companies to look out for

Consumer expectations are changing and they want to get a better control of their finances and their futures.

JPMorgan pledges $350m to support minority owned companies with financial needs

JPMorgan Chase has committed $350m over the next five years to help close the racial wealth divide prevalent in Black, Latinx and women-owned small businesses.

Crypto firm Anchorage raises $80m to increase institutional adoption of digital assets

After getting federal banking charter last month, cryptocurrency banking company Anchorage raised $80m in a Series C funding round.

Relay teams up with Insurercore

PropTech Relay has inked a new partnership with UK-based insurance networking platform Insurercore, aimed at providing a comprehensive solution to insurance and wholesale brokers looking for capacity.

Just one in ten managers understand the extent of the Federal Family and Medical...

Worryingly, only 11% of manager understand the extent of the Federal Family and Medical Leave Act (FMLA), potentially leaving businesses open for law violations.

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