Lending Club, Funding Circle investor USV raises more than $428m across new funds

Union Square Ventures has pulled in more than $428m of new capital across a pair of vehicles.

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.

India-based Xtracap closes $1m funding round

Xtracap, which operates the SME lending platform Bridge2Capital has allegedly secured $1m in a funding round from angel investors.

PLUM Lending secures $2m as it looks to grow its network

PLUM Lending has received a $2m investment from Resolute Capital Partners, Soft Bank and Elliott Management.

NASAA warning on initial loan procurements: “Crowdfunding meets blockchain”

The North American Securities Administrators Association (NASAA) has released a warning for initial loan procurement.

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.

Neyber picks up £7.5m for employee financial wellness

Employee financial wellness startup Neyber has picked up £7.5m in a Series B round. The investment comes from existing backer Police Mutual as well as a former Deutsche Bank COO and Credit Suisse Investment Bank co-head.

MoneyLion amasses $42m in Series B funding

MoneyLion, the mobile personal finance platform, has secured a $42m Series B funding led by Edison Partners.

Iwoca receives £50m debt facility to support more SME loans

Iwoca, a SMB loan provider, has received an additional £50m debt facility by a syndicate of banks.

Better.com collects $160m in Series C round of funding

Better.com, a platform improving the access to home finance, has collected $160m in its Series C round of funding.

News Stories

How Cobwebs is stopping the game of whack-a-mole in the fight against money laundering

Money laundering in global financial markets is like “whack-a-mole”, when you stop one scheme, another just pops up, according to Daniel Nisman, the head...

Signifyd launches new tool for online retailers

Signifyd has launched its Authorization Rate Optimization solution, a new tool which will help online retailers maximise conversion rates and protect themselves from fraud.

Barclaycard Payments implements Kount to combat fraud

Barclaycard Payments has formed a new deal with fraud prevention company Kount to improve its fight against fraud.

WealthTech100 company Appway secures $37m in funding

Switzerland-headquartered Appway, which builds business process automation software, has closed a $37m minority investment from private equity firm Summit Partners.

The 35 FinTech deals from the last week that you can’t afford to miss

Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.