FinTruX Network closes ICO on $25m
P2P lending platform FinTruX Network has closed its ICO on $25m, following contributions totalling 22,000 ETH.
Digital lender Blend Labs valued at $4bn in public debut
Shares of Blend Labs opened 11% above their offer price, giving the digital banking platform a valuation of about $4.4bn in its stock market debut.
Lendingkart closes $87m Series C led by Fullerton
India-based online lending platform Lendingkart Technologies has closed an $87m in a Series C equity round.
India-based U GRO CAPITAL said to raise $53.4m in a funding round
India-based U GRO CAPITAL has reportedly received INR 400 crore ($53.4m) in a mixture of non-convertible debentures (NCDs), term loans and commercial papers.
OneConnect support the launch of two smart lending platforms in Asia
FinTech company OneConnect has teamed up with Union Bank of the Philippines (UnionBank) and Sinar Mas Multi-finance, a subsidiary of Sinar Mas Multiartha, to launch two new lending platforms in South-East Asia.
Funding Xchange closes its £1.5m Series A
Funding Xchange has closed its Series A on £1.5m with Calibrate Management and Kimera leading the investment.
Lendable secures £210m to transform consumer finance
Lendable, a leading AI-powered consumer finance platform, has raised £210m in a funding round that saw its valuation reach £3.5bn.
Kreditech takes €110m in largest German FinTech deal to date
German credit scoring and lending company Kreditech has landed €110m in the largest equity investment into German FinTech company to date.
29 FinTech funding rounds from the last week that you can’t afford to miss
While Robinhood's massive Series G round may have secured the most headlines last week, InsurTech and PropTech ventures bagged the most capital injections.
Bulgaria-based Stikcredit beats the target of its crowdfunding campaign
Bulgaria-based lending platform Stikcredit has raised €156,496 in a crowdfunding campaign being raised on Seedrs.