Online lender Lendable signs $300m loan deal with Castle Trust
Lendable, a UK-based online lending platform, has landed up to £300m from specialty lender Castle Trust Capital.
P2P lending platform Raqamyah said to close $2.3m seed round
Peer-to-peer lending platform Raqamyah has reportedly raised $2.3m in a funding round led by Impact46.
Camino grabs $2m for Hispanic-owned business lending
Online credit marketplace Camino has raised $2m in a new round of venture funding. The investment was led by Collaborative Fund and Hunt Holdings with Comcast Ventures and Impact America also contributing.
SME lender Pearl Capital Business Funding picks up $15m
Pearl Capital Business Funding has raised $15m from financing by Georgia-based Chatham Capital.
Become nets $10m in Series A led by Benson Oak Ventures
Become, an online lending platform for small and medium-sized businesses, has netted $10m in its Series A round.
Kinara Capital closes investment to further financial inclusion in India
Kinara Capital, which identifies as a socially responsible FinTech, has netted $10m from IndusInd Bank with a 100% guaranty from the U.S. International Development Finance Corporation (DFC).
Mastercard to support Ukranian startups
Mastercard has launched a start path initiative that has been designed for Ukrainian FinTechs and entrepreneurs to enable Ukrainian startups to contribute to the rebuilding of the country’s economy.
SoFi looks to raise $500m in new funding
Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.
LoanTap picks up $4m for Series B funding round
LoanTap Financial Technologies has reportedly picked up $4m for its Series B funding round.
Kissht nets $10m in round led by Fosun International
Payment credit application Kissht has reportedly netted a $10m investment led by China-based Fosun International.