How the coronavirus will affect different segments of the FinTech industry
As COVID-19 rages on across the world, the affects on the FinTech segment of the economy is already letting itself be known.
P2P lending platform Beehive secures $5m Series A
Sharia compliant P2P-lending platform Beehive has secured a $5m Series A led by Riyad TAQNIA fund.
Lending Works secures £2.8m funding to support growth, partnership channels
UK-based P2P lending platform Lending Works has secured £2.8m in a round of funding led by Maven Capital Partners.
Zopa raises £44m to support the launch of new financial products
P2P lender Zopa has raised £44m in its largest funding round and will use it to launch a broader range of financial products.
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.
Taralite scores $6.3m from Japan’s SBI Group
Indonesian peer-to-peer lending platform Taralite has picked up $6.3m in funding round from Japanese conglomerate SBI Group.
The 35 FinTech deals from the last week that you can’t afford to miss
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
Clearbanc raises $300m in round made of equity and debt
Clearbanc, which helps companies access affordable growth capital, has raised $300m in new financing.
London-based StepEx lands €1.2m to offer alternative student finance
StepEx, an FCA-regulated FinTech startup that provides affordable student finance based on future earnings rather than debt, has raised €1.2m in pre-seed funding.
P2P lending platform Amartha closes Series B round
Indonesian peer-to-peer (P2P) lending company Amartha has closed its Series B round to support expansion across the country.
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