Online loans platform MyMoneyMantra collects $15m invesment
MyMoneyMantra, which helps consumers in India access loan deals and credit cards, has raised a $15m investment.
Indonesian PayTech KinerjaPay secures $200m investment
Indonesian FinTech KinerjaPay has secured a signed commitment from PT. Investa Wahana Group to invest $200m in the business.
Wahana Group had agreed to buy...
P2P lending platform Modal Rakyat said to raise funding
Peer-to-peer lending platform Modal Rakyat has reportedly secured funding from Fazz Financial Group.
UK’s FCA releases rule changes to P2P platforms
The UK’s Financial Conduct Authority (FCA) has released the new rules for the peer-to-peer sector, in a bid to better protect investors while not hindering the ecosystem.
CapBay said to close Series A on $20m
Peer-to-peer financing platform CapBay has reportedly raised $20m in its Series A round, which was supported by Singapore-based venture firm KK Fund.
VC giant KPCB among latest Better Mortgage funding round backers
Tech-driven mortgage bank Better Mortgage has picked up a $15m Series B financing round from Kleiner Perkins Caufield & Byers, Goldman Sachs and Pine Brook.
Citi backs Crowdz for SME financing
SME finance platform Crowdz has secured $10m in investment, led by Citi and Global Cleantech Capital, to expand its ability to bring accessible working capital to small businesses.
Faircent takes $1.5m for Indian peer-to-peer loans
Peer-to-peer lending firm Faircent says it’s attracted more than 6,000 registered lenders and 26,000 borrowers.
Wisetack secures $45m in its Series B funding round
Wisetack, a buy now, pay later solution, has closed its Series B round on $45m, with New York-based private equity firm Insight Partners acting as the lead investor.
Accelerated Payments said to receive €20m in debt to double its own lending capabilities
Invoice financing solution Accelerated Payments has reportedly finalised a €20m debt line, which will more than double its lending capabilities.
