Saturday, July 20, 2019

Chinese P2P Lender Hexindai Set to Launch Consumer Installment Financing Platform

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Tuesday it is set to launch a new consumer installment financing platform, called “Hexin Installments.” Read more: FinTechfutures

Kabbage Secures $200 Million Revolving Credit Facility

Global financial service platform Kabbage announced on Tuesday it has secured a $200 million revolving credit facility to support its growth for providing U.S. small businesses access to flexible, online funding. Read more: crowdfundinsider

Update: Assetz Capital Surpasses £1.8 Million Through Equity Crowdfunding Efforts on...

UK-based peer-to-peer lending platform Assetz Capital has successfully surpassed £1.8 million through its equity crowdfunding campaign on Seedrs. Read more: crowdfundinsider

Update: Nutmeg Surpasses £4 Million Days After Crowdcube Debut

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK fintech Nutmeg has successfully Read more: crowdfundinsider

Fintech startups get a share of £25 million from RBS bail...

Five fintech startups - Codat, Fluidly, Form3 Funding Options and Swoop Finance - are the latest beneficiaries Read more: finextra

CrowdProperty Funds 600th Home, Tops £40 Million in Lending

Peer to peer property lender CrowdProperty has funded its 92nd project. Read more: crowdfundinsider

Kabbage Forms New Partnership with BTEA to Fuel Access to Funding...

Kabbage announced on Friday it has teamed up with the Building Trades Employers’ Association (BTEA) Read more: crowdfundinsider

Alogent acquires lending software provider Finance Genius

Alogent (www.alogent.com, @AlogentCorp), a global banking and financial software leader, serving banks and credit unions Read more: finextra

Kodak Launches a Blockchain-Enabled Document Management System

Kodak’s pivot to blockchain is coming into focus as the legacy camera brand announced its new blockchain-based Read more: coindesk

Sharia-compliant FinTech startup nets funding from Tryb

The companies said they plan to take advantage of the “huge and untapped” sharia fintech market in Indonesia. Read more: www.techinasia.com