Digital mortgage lender Better.com rakes in a $500m round led by SoftBank

Digital mortgage lender Better.com raised a massive $500m round from Japanese investment conglomerate SoftBank that values the New York-based company at $6bn up from $4bn in November.

SME lending platform Kabbage bags $250m

SME lending platform Kabbage has received a $250m investment from a subsidiary of SoftBank Group.

SME lender Indifi said to raise $21.31m in a Series C

Indifi, an online lending business based in India, has reportedly collected $21.31m in a Series C led by CDC Group.

FCA offers new guidance for firms on how to support credit customers affected by...

It's hardly a secret that many people are facing a lot off financial hardship because of the coronavirus. That's why the Financial Conduct Authority (FCA) offered more guidance to credit customers affected by the virus.

Salary Finance collects $32.8m in Series C to support US growth

Salary Finance, a financial wellness solution for employees, has collected a $32.8m Series C to support US expansion.

Farm financing platform ProducePay picks up $77m

Farming-focused lender ProducePay has secured $77m in equity and debt funding to provide cash-flow solutions to farmers of perishable goods.

Mobile app financing solution Braavo Capital raises $6m in Series A

Braavo Capital, an integrated financing platform for mobile app developers, has raised $6m in its Series A round.

Brazil’s Facio said to raise $5m in its seed round

Brazil-based Facio, which provides tools to improve the financial wellbeing of employees, has reportedly raised $5m in its seed round.

Aye Finance reels in $21.5m to lend to Indian SMEs

Aye Finance, an India-based provider of loans to small businesses, has raised $21.5m through its Series C funding.

Online lender Kabbage to acquire Orchard

Online lending platform Kabbage has agreed to acquire all the assets of Orchard, a technology and analytics developer for the online lending space.

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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