Saturday, June 23, 2018

BlueVine raises $60m in Menlo-led round

BlueVine, which provides financing to small and medium-sized businesses, has raised $60m in equity funding. Read more: fintech.global

ING backs German SME platform FinCompare

FinCompare, a Berlin-based startup offering a comparison platform for SME financing, has closed a €10m Series A round. Read more: fintech.global

Alternative underwriting is helping new lenders

New entrants in the lending field are using alternative means -- cryptocurrency-backed loans to "social credit," a measure of the strength Read more: bankinnovation.net

Finicity forges new partnership with Mortgage Cadence

Financial data aggregator and insights provider Finicity continues to make moves in mortgagetech by partnering with fellow Finovate alum, Mortgage Cadence. Read more: finovate.com

Gravyty raises $2m to accelerate AI product development

AI-powered fundraising software developer Gravyty Technologies has raised $2m in its second round of funding. Read more: fintech.global

Shieldpay claims UK’s first fully digital mortgage settlement

Shieldpay and My Home Move’s law firm subsidiary, Premier Property Lawyers, with the support of Barclays and the specialist regulator of conveyancers Read more: www.finextra.com

Nigeria-based Lidya closes $6.9m in Series A to support expansion across...

Lidya, an online invoice generation and financing platform, has collected $6.9m in its Series A funding round. Read more: fintech.global

Australia-based HashChing receives $700k from NSW

Australia-based home loan marketplace HashChing has received a $700,000 loan from Jobs for NSW. Read more: fintech.global

Future Finance secures £100m credit, months after closing Series C

Online student loan platform Future Finance has secured a £100m funding facility from Waterfall Asset Management. Read more: fintech.global