Zopa becomes first P2P lender to pass £2bn milestone
London-based peer-to-peer (P2P) lending company Zopa has become the first in the UK market to surpass £2bn in loans. It has facilitated 300,000 loans since launching 12 years ago.
Elfin Market surges past crowdfunding target
Elfin Market, which is building a peer-to-peer lending credit card, has surpassed its initial crowdfunding target.
Temenos strengthens money transfer capabilities with Wise alliance
Swiss banking technology firm Temenos will be able to offer money transfers on its platform following an agreement with FinTech juggernaut Wise.
Loan Frame picks up $2.25m for SME lending
SME lender Loan Frame has picked up $2.25m in a seed round led by Vedanta Capital.
BNP Paribas buys 10% of SME credit specialist Caple
Caple, a European provider of alternative credit for small to medium-sized companies, has received backing from BNP Paribas.
iwoca releases new lending service to help SMEs with coronavirus impact
Small business loan provider iwoca has released a new OpenLending solution which hopes to help companies brace the troubles of COVID-19 (coronavirus).
Enable reels in $45m from Norwest-led Series B
Cloud-based software solution Enable has secured $45m from a Series B funding round led by Norwest Venture Partners.
Supply chain finance FinTech Finverity scores $5m
Finverity, a digital ecosystem for trade and supply chain finance, has secured $5m in a heavily oversubscribed equity funding round.
BorrowersFirst secures another $100m to power loan growth
Texas-based online lender BorrowersFirst has secured $100m in debt financing to accelerate loan originations and grow its balance sheet.
YOUNITED CREDIT nets ?40m capital injection
Paris-based consumer lending platform YOUNITED CREDIT has received a ?40m capital injection from existing and new investors.
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