Marketplace Lending

Leif secures over $60m in a mixture of debt and equity

Leif, which aims to increase the access to quality and affordable education, has netted over $60m in a strategic financing round.
Traditional lending models not 'fit for purpose' - Tink claims

Traditional lending models not ‘fit for purpose’ – Tink claims

Open banking platform Tink warns that traditional lending models are broken and “no longer fit for purpose” in the current economic climate.

24 FinTech investment rounds from the last week that could tell you about the...

As COVID-19 continues to wreak havoc in the global economy, FinTech companies have continued to raise capital. Here's what the rounds from the past seven days tell us.

Rupifi said to raise $1m in debt and equity

Buy now, pay later platform Rupifi has reportedly collected $1m in a funding round comprised of debt and equity.

8fig making equity-free funding more accessible after Series A close

8fig, an equity-free funding and supply chain management tool provider for e-commerce sellers, has scored $50m in its Series A funding round.

Garentii lands €1.9m to change the future of renting

Garentii, a Germany-based security deposit replacement insurance MGA, has raised €1.9m in seed funding led by Greenlight Re.
fintech-news

CUneXus grabs $5m for lending automation

CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.
silicon-valley-bank-uk-injects-e30m-into-lendtech-liberis

Silicon Valley Bank UK injects €30m into LendTech Liberis

Global embedded business finance platform Liberis has secured an additional €30m funding from Silicon Valley Bank UK to support its European expansion.
fintech insurtech wealthtech regtech ai cybertech esg news

Former Lending Club CEO launches rival platform with $60m

Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup with $60m in funding.

Vietnamese FinTech app for rural markets MFast banks $1.5m in pre-series A

FinTech startup MFast raised $1.5m in a pre-series A funding led by Do Ventures.

News Stories

How the world's top banks and insurers are adopting GenAI tools

How the world’s top banks and insurers are adopting GenAI tools

In recent years, the integration of generative artificial intelligence (GenAI) tools within the financial sector has seen remarkable growth. A study conducted by ORX, a leading operational risk association, reveals that 75% of the world’s major banks and insurers are now utilizing external GenAI applications in their operations.
UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

UK-based PeppercornAI bags £3.25m for AI-driven insurance solutions

PeppercornAI, an InsurTech specialising in conversational artificial intelligence, has successfully raised £3.25m.
Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation welcomes Stuart Barnard as new CFO

Encompass Corporation, a pioneer in Corporate Digital Identity (CDI), has recently announced the appointment of Stuart Barnard as its first Chief Financial Officer (CFO).
Unlocking the power of KYC Portal CLM in modern due diligence

Unlocking the power of KYC Portal CLM in modern due diligence

In the complex world of finance, due diligence is essential for protecting a company’s reputation and financial well-being. As customer demands for convenience increase and regulatory scrutiny intensifies, finding a balance is more important than ever. The solution lies in an innovative tool—KYC Portal Customer Lifecycle Management (CLM). The RegTech company recently compiled a guide on its role in enhancing due diligence processes.
Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

Apax Digital Funds backs IANS Research with new investment to boost InfoSec services

IANS Research, a leading provider of independent research and advisory services for the information security industry, has just secured a significant investment from Apax Digital Fund II. 

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