Marketplace Lending

Marketplace Lending

Online lending technology builder FinMkt pulls in $5m in Series B

FinMkt, A New York-based company which builds B2B financial technology solutions, has pulled in $5m in its Series B round.

Goldman Sachs is betting on another Latin American FinTech startup: Konfio

Konfio is the name of the Mexican FinTech startup that just secured a credit facility of as much as $100m from Goldman Sachs.

Snapdocs scores $25m Series B to support AI developments

Snapdocs, which helps “transform” the homebuying process, has bagged $25m in Series B funding.

B-North closes funding round as it gears up for launch

SME lending bank B-North has closed its latest crowdfunding campaign in excess of £2m.

SME banking startup Recognise teams up with City Dynamics ahead of its 2020 launch

Having already signed deals with Mambu and nCino for parts of its infrastructure, SME banking startup Recognise has now inked another deal.

Agicap raises €15m to help SMEs better manage their cash through the coronavirus crisis

Lyon-based Agicap has raised €15m in a round led by Partech that also saw participation from existing investors BlackFin Capital Partners and Kima Ventures.

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.

TIAA buys online lender EverBank $2.5bn

Financial service firm TIAA is acquiring online lender EverBank for $2.5bn, as the firm seeks to build out its banking services.

Private equity firm hands $105m to Indian lender Hero FinCorp

Indian lending firm Hero FinCorp has raised Rs702 crore ($105m) from private equity firm ChrysCapital and Credit Suisse.

Indifi pulls in $10m for data-driven MSME lending

Indifi Technologies has raised $10m in a new round of funding led by Omidyar Network. The New Delhi-based company aims to help MSMEs to secure loans.

News Stories

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

For Good Causes expands its charitable efforts beyond the loyalty sector

UK FinTech company For Good Causes is expanding beyond the loyalty sector, having already enabled consumers to donate their loyalty points, cash back and air miles to over 20,000 charities.

German prosecutors have arrested the chief executive of Wirecard’s Dubai unit Cardsystems

The highly publicised collapse of Wirecard has taken another turn with German prosecutors having arrested the head of the company's Dubai-based subsidiary.

Why the founders behind Monument think there’s still room for another UK neobank

Challenger bank Monument has revealed that it is in the later stages of an application process to get a UK banking licence in order to launch a service for affluent clients.

Italian digital banking project raise €45m as the nation is still dealing with Covid-19

Italian banking executives have raised €45m ($50.9m) in a bid to launch a digital bank in a country still dealing with the coronavirus fallout.