Online lender Proplend closes Series A

Online lender Proplend has closed its Series A funding round which was completed by London-based Merchant Bank Salamanca Group.

32 rounds raised in the last week that could add some optimism despite Covid-19

From InsurTech to RegTech, the last week showed that some sectors may be able to benefit from the coronavirus crisis.

Bringing mortgages to the under-served – Button Finance closes seed

Button Finance, a mortgage lender focused on home equity, has scored $2m in its seed round.

FloodFlash closes Series A to bolster flood insurance

FloodFlash, the parametric insurance technology company that pays catastrophic flood claims within 48 hours, has raised $15m in Series A funding.

LendingTree acquires credit repair platform Ovation Credit

Online loan marketplace LendingTree has agreed to acquire Ovation Credit Services, a credit repair platform.

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.

MotoRefi closes doors on $8.6m Series A

Auto loan refinancing FinTech startup MotoRefi has netted $8.6m in its Series A round which was co-led by Accomplice and Link Ventures.

Point-of-sale payment platform Loanpal nets $800m funding round

Point-of-sale payment platform Loanpal has bagged more than $800m in a funding round led by NEA and WestCap Group.

Enduring Planet scores $5m in debt and equity

Enduring Planet, a FinTech firm aimed at funding climate entrepreneurs, has reportedly raised $5m in a mixture of debt and equity. The round comprised of...

Lending Club snaps up Wall Street execs to win investor

Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.

News Stories

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

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