Marketplace Lending

Marketplace Lending

Credible takes $10m for student loan marketplace

Online student loans marketplace Credible has picked up $10m in its Series B round. Regal Funds Management led the round.

First Circle bags $1.3m to bring SME lending to South-East Asia

South-East Asian SME lender First Circle has raised $1.3m in a new round from Accion Venture Lab and Deep Blue Ventures.

Validus Capital picks up $2.9m from Vertex Ventures

Online lending platform Validus Capital has reportedly picked up a $2.9m capital injection from Vertex Ventures.

MarketInvoice signs £45m deal with Varengold to help UK SME financing

MarketInvoice has signed a deal with Varengold Bank to provide £45m annually to help offer UK SMEs working capital financing solutions.

Pendanaan said to receive funding from Legend Capital

Asia-focused lending platform Pendanaan has reportedly secured an undisclosed investment from Legend Capital.

P2P lending platform Any Time Loan closes $3.9m investment

India-based P2P lending platform Any Time Loan has closed a INR 250m ($3.9m) investment from Spice Mobility.

Argentina-based Properati bags funding from Big Data Scoring

Argentina-based Properati has bagged an undisclosed funding round from Big Data Scoring, which is a global credit scoring platform.

Dublin-based Supply Finance closes €4m Series A round

Supply Finance, which provides trade finance products to SMEs across Europe, has closed a €4m Series A investment round.

Chinese FinTech CGTZ.com closes $358m Series D round

CGTZ.com, a Chinese SME funding platform, has reportedly raised a $357.8m funding round.

Lending platform Blend launches homeowner insurance solution

Blend, a consumer lending platform, has launched its own homeowner insurance solution for consumers.

News Stories

Artivatic said to close funding from KFin Technologies

AI-powered SaaS solutions for insurance firms Artivatic has reportedly collected an investment from KFin Technologies, a registrar and trading agency.

Crypto wallet Zumo launches virtual Visa debit card where users can pay by crypto

Edinburgh-based cryptocurrency wallet and payment platform Zumo launched a virtual card offering to enable users spend cryptocurrencies.

Monzo to offer staff paid leave after pregnancy loss

Challenger bank Monzo becomes one of the first UK FinTechs to introduce paid leave for employees who are affected by the loss of a pregnancy as part of the bank’s mental health drive.

Treasury Prime hauls in $20m to develop its BaaS platform

CA-based Banking as a Service (BaaS) company Treasury Prime completed a $20m Series B insider round.

Huobi introduces VC subsidiary with $100m backing

Seychelles-based blockchain technology firm Huobi Group has launched a subsidiary aimed at growing its venture investment portfolio.

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