Online Loans

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.
fintech-news

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.
fintech insurtech wealthtech regtech ai cybertech esg news

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.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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