Marketplace Lending

Latin American digital SME lender BizCapital raises $12m in Series B round

Brazilian online lender BizCapital has bagged $12m in a new funding round as it moves to develop more products to support small businesses' financing needs.

Africa-focused vehicle financing app Moove nabs fresh investment

Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners
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UangTeman raises $12m for Series A

Indonesia-based UangTeman has reportedly closed its $12m Series A investment round led by K2 Venture Capital.

Brazil-based Nexoos said to raise $530k pre-Series A

Brazil-based P2P SME lender Nexoos has reportedly raised around $530,00 in pre-Series A funding.
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Westpac pumps $16.5m into three-month old mortgage startup

Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.

Knock secures funding for home buying mission

Knock, a FinTech company that helps customers finance homebuying, has raised $220m in funding.

Lending platform KreditBee said to net $75m in its Series C round

India-based online lending platform KreditBee has reportedly scored $75m in its Series C round.

LQD launches lending service with bitcoin as currency

In a bid to enter the crypto market, lending firm LQD Business Finance launched the development of a bitcoin business lending platform.

Where to next for marketplace lending FinTechs?

Open banking and new technologies have made the marketplace lending FinTech market explode. But where will it go from here?

YOUNITED CREDIT nets ?40m capital injection

Paris-based consumer lending platform YOUNITED CREDIT has received a ?40m capital injection from existing and new investors.

News Stories

AML

Leveraging AI to enhance efficiency in AML sanctions screening

False positives in AML compliance typically occur when a transaction or customer record wrongly flags a potential match with a sanctioned entity.

EU launches new anti-money laundering agency in Frankfurt to bolster financial security

MEPs have approved the establishment of a new EU anti-money laundering agency, which will be based in Frankfurt.

Tackling money laundering: How KYC loopholes are exploited by criminals

KYC protocols serve as the cornerstone of AML efforts, obliging financial institutions to verify their customers’ identities.

FINSIGHT acquires T-REX to revolutionise global private credit analytics

FINSIGHT has acquired T-REX to advance cashflow analytics in the global private credit and structured finance sectors.
Egress

KnowBe4 acquires Egress to enhance AI-driven email security

KnowBe4 has announced its plans to acquire Egress, a prominent figure in adaptive and integrated cloud email security.

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