Thursday, June 29, 2017

PayPal small business financing scheme advances £400m

By PayPal Today PayPal revealed its small business financing scheme has provided more than 400 million pounds to British small businesses. Read more: fintechranking.com

Rubique bags $3m for bridge funding round

India-based Rubique has reportedly picked up $3m for a bridge round of investments, after postponing its Series B round. Read more: fintech.global

PayBreak scores £24.5m for latest funding round

UK-based point of sale lending platform PayBreak has scored a £24.5m funding round. Read more: fintech.global

InvestaCrowd updates on real estate crowdfunding in Asia

Connect with Julian Kwan, CEO and co-founder of Investacrowd, a real estate crowdfunding platform that was established in Singapore. Read more: www.crowdfundinsider.com

Indonesian P2P lending site Investree to enter Vietnam

Investree has recently secured a P2P lending license from Vietnam country’s financial services authority and is set to begin expansion in 2018. Read more: e27.co

Transferwise updates on US business progress

Transferwise, a European FinTech Unicorn, has provided an update on progress in the United States after their move overseas 2 years ago. Read more: www.crowdfundinsider.com

iPayment partners with RapidAdvance

Alternative SMB lender RapidAdvance is linking up with payments and processing company iPayment to expand its reach. Read more: www.pymnts.com

MoneyTap raises $12.3m in round led by Sequoia Capital

Lending app MoneyTap has reportedly raised $12.3m in its latest funding round led by Sequoia Capital India. Read more: fintech.global

UK consumers sooner switch supermarket than current account

Research into consumer adoption of digital services in the UK has revealed that the banking sector is perceived to be leading the way. Read more: www.finextra.com

Credit Peers raises £45m in its latest funding round

UK-based P2B Credit Peers has received £45m in its latest funding round from a European investment management firm. Read more: analysis.cairns.cl