Trooly gets $10m to bridge ‘trust gap’ in P2P marketplaces
Fintech startup Trooly has raised $10m in a Series A funding round led by Bain Capital Ventures and Milliways Ventures to launch its new Instant Trust product.
Online lender Proplend closes Series A
Online lender Proplend has closed its Series A funding round which was completed by London-based Merchant Bank Salamanca Group.
SoLo Funds said to collect $10m to support growth of its community lending service
P2P lending platform SoLo Funds has reportedly collected $10m to support the expansion of its presence in the US.
Chinese regulators crack down on peer-to-peer lending
Chinese authorities are cracking down on the nation booming peer-to-peer lending space with new regulations.
India P2P lending startup LenDen lands $500k to meet new RBI regs
LenDen Club, a Mumbai-based peer-to-peer lending platform, has landed a $500,000 equity investment from three investors.
Tinkoff launches first Russian digital buy now pay later platform
Moscow-based digital bank Tinkoff has introduced the Dolyame.ru the country first buy now pay later (BNPL) platform.
Lending Club snaps up Wall Street execs to win investor
Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.
Tera Funding closes largest Series A to a Korean P2P lending company
Tera Funding has closed a $9.3m Series A, the largest to be made to a Korean P2P lending company.
Vivid Money bags $60m Series B to expand across Europe
Berlin-based challenger bank Vivid Money has raised $60m from a Series B funding round led by Greenoaks.
Unilend swipes €2.5m for crowdlending platform
French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management.
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