Struggling business lender OnDeck acquired by Enova in $90m deal
Online lender Enova International is acquiring struggling rival OnDeck Capital in a deal worth $90m.
Australia-based HashChing receives $700k from NSW
Australia-based home loan marketplace HashChing has received a $700,000 loan from Jobs for NSW.
Mortgage comparison app Morty nabs $25m in its Series B
Online mortgage marketplace Morty has netted $25m in its Series B funding round, as it looks to enhance its product development.
Klarna unveils new comparison shopping service across European markets
Swedish buy now pay later (BNPL) juggernaut Klarna has launched its Comparison Shopping Service (CSS) in 21 markets across Europe.
HSBC, Avant partner to launch digital lending solution
HSBC Bank is looking to launch a digital lending solution through the support of Avant’s Amount solution.
LoanPro collects $100m in growth equity as it gears up for expansion
SaaS-powered loan management platform LoanPro has scored $100m in growth equity as it looks to move into new verticals.
Credit Mantri said to raise around $8m in new funding round
India-based Credit Mantri has reportedly collected INR 6 crore ($800,000) from IDG Ventures, Elevar Equity and Accion.
2021 Christmas spending fuels ever-growing BNPL debt bubble for consumers
After it was revealed UK consumers racked up £3.3bn in buy now, pay later (BNPL) debts over Christmas 2021, a study by Credit Karna has found a growing debt bubble amongst customers.
LendUp fined $3.6m for dodgy loans
Payday loans startup LendUp is being made to pay $3.6m by the Consumer Financial Protection Bureau for widespread violation of payday and instalment laws.
CASHe said to close debt financing on around $3m from IFMR Capital
Personal lending platform CASHe has reportedly closed a debt financing round of around $3m from IFMR Capital.
