Marketplace Lending

Marketplace Lending

Tala scores $30m for emerging market financial services

Credit scoring and lending startup Tala has picked up more than $30m in a Series B round led by Institutional Venture Partners (IVP).

MarketInvoice secures £45m commitment from Portugal’s BNI Europa

Invoicing financing platform MarketInvoice has inked a deal with Portuguese Banco BNI Europa (BNI) to provide £45m in lending commitments annually.

Dianrong closes $220m Series D led by GIC Private Limited

China-based Dianrong has closed its Series D funding round on $220m, which was led by GIC Private Limited.

P2P lending platform Beehive secures $5m Series A

Sharia compliant P2P-lending platform Beehive has secured a $5m Series A led by Riyad TAQNIA fund.

Construction lending platform Built nets $21m round led by Index

Construction lending software Built has closed a $21m funding round led by Index Ventures.

Fundation Group closes debt facility with Waterfall

Fundation Group, a digitally-enabled lender and credit solutions provider, has closed a debt facility with Waterfall Asset Management.

Student loan company Meritze nets $6.8m seed round

Texas-based student financing platform Meritize has netted $6.8m in its Seed funding round.

Libra Credit bags $16m in token sale

Decentralised lending network Libra Credit has collected $16m in its recent token sale.

SimpleNexus, digital mortgage platform bags $20m

SimpleNexus, a digital mortgage platform, has closed a growth capital round on $20m from Insight Venture Partners.

P2P lending platform Finzy closes pre-Series A on $2.3m

India-based P2P lending platform Finzy has raised an additional $1m to its pre-Series A round, bringing its total to $2.3m.

News Stories

77% physical security systems are in desperate need of an update

European IT executives are worried about the physical security of their systems, according to a new survey.

Five African nations placed on the FATF’s grey list because their weak money laundering...

The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.

Just half of cloud vulnerabilities are a risk

Only half of the vulnerabilities in cloud containers actually pose a threat, despite this, vast resources are being deployed to fix them.

Money launderer ordered to pay back £1.24m in dirty cash

The Crown Prosecution Service has ordered convicted money launderer Thomas ‘Tommy’ Adams to repay more than £1,24m for his part on a money laundering network.

LANDRY et associés acquires e-commerce security platform NexuWeb

LANDRY et associés, a risk and performance consultant, has acquired e-commerce security and development solution NexuWeb.