Wednesday, March 29, 2017

Point-of-sale mortgage startup cloudvirga nabs $15m

Point-of-sale mortgage company cloudvirga has raised $15m in a Series B round. The funding for the Irvine, California-based startup comes Incenter. Read more: www.fintechroundup.com

Riga-based lender Creamfinance lands €21m

Riga, Latvia-based consumer lending startup Creamfinance has raised €21m in new funding. The Series B round comes from Capitec Bank. Read more: www.fintechroundup.com

Carro parks $12m to pump into FinTech arm

Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed. Read more: www.fintechroundup.com

Funding Wonder finds regulated crowdfunding

Online crowdfunding portal Funding Wonder has found its first business to use its regulated financing solution. Read more: www.pymnts.com

MPOWER Financing bags funding to expand LatAm reach

Emerging markets-focused student lender MPOWER Financing has landed fresh funding from Latin American VC firms VARIV Capital and Chilango Ventures. Read more: www.fintechroundup.com

Işbank brings end to end digital e-mortgage

Having developed many products and services that served as milestones for the Turkish banking sector, İşbank continues its innovation. Read more: www.finextra.com

Kabbage looks to raise money for acquisitions

Small U.S. business online lender Kabbage Inc is in talks to raise a new round of equity funding that could be used for potential acquisitions. Read more: www.reuters.com

Are overseas portals next in US equity crowdfunding?

Much excitement has been generated with the enactment of Regulation Crowdfunding (Reg CF) and the ability of non-accredited investors to invest in startup. Read more: www.crowdfundinsider.com

Akseleran launches as Indonesia’s first equity crowdfunding platform

Despite the market inclination towards charity crowdfunding, Akseleran remains optimistic of the business prospect. Read more: e27.co

Startup investment platform CircleUP looks for $100m

Investment platform for small consumer brands CircleUp is planning to raise $100m, according to an SEC filing. Read more: www.fintechroundup.com