Marketplace Lending

Supply chain financing company Mintifi scores $110m Series D

Supply chain financing company Mintifi scores $110m Series D

Mintifi, an India-based supply chain financing platform, has reportedly received $110m in a Series D round.
lendingstandard-accelerates-with-a-6-7m-boost-in-funding

LendingStandard accelerates with a $6.7m boost in funding

LendingStandard, a Kansas City-based startup, has secured $6.7m in a fresh funding round. 

Novo introduces Novo Funding, securing $125m facility

Novo, described as a "powerfully simple" financial platform for small businesses, has announced the launch of a new offering, Novo Funding, designed to provide rapid and flexible access to working capital.

Funding Circle and Atom Bank join forces

Funding Circle, the UK's leading SME lending platform, and Atom bank, the UK's first app-based bank, have announced a groundbreaking partnership.
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Lending Club’s losses grow as CFO resigns

Following the ousting of its former CEO Renaud Laplanche, peer-to-peer marketplace Lending Club continues to struggle, posting widening year-on-year losses for Q2 2016.
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P2P finance platform Bankify secures $250k investment

Finland-based P2P finance platform Bankify has secured a $250,000 investment from Reech Corporations Group.

Malaysian P2P platform microLEAP scores $3.26m in funding

Malaysia-based P2P lending platform microLEAP said to close RM13.25m ($3.26m) in a new financing round, which was supplied by MAA Group.
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Dubai startup Invoice Bazaar secures funding from former Citi boss

Dubai-based supply chain financing startup Invoice Bazaar has secured new funding from former Citigroup Asia-Pacific CEO Shirish Apte.

Mexican FinTech Credijusto collects $42m Series B

Credijusto, a Mexico-based FinTech offering asset-backed loans and equipment leases to SMEs, has collected $42m in its Series B.

Indian e-commerce unicorn Udaan increases its valuation to $3.1bn after fresh funding

India-based business-to-business e-commerce platform Udaan has reportedly increased its valuation to $3.1bn after the close of a $280m Series D round. Capital was supplied by...

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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