Thursday, December 14, 2017

Marketplace lender LendingHome surpasses $2bn in loans

Mortgage marketplace lender LendingHome announced it has originated more than $2 billion in mortgage loans. Read More: www.crowdfundinsider.com

Marketplace Lenders Should Remember Experience Can Be Replicated

Marketplace lending survived 2017 with many of its advantages over traditional balance sheet lenders intact.. Read More: bankinnovation.net

Creditas nets $50m Series C round led by Vostok

Brazil-based online lending solution Creditas has netted a $50m Series C funding round led by Vostok Emerging Finance. Read more: fintech.global

How the POS could unlock smarter small business lending

During the holiday shopping season, SMB access to financing is vital, yet Quick.me CEO Ola Okeshola says lenders don't often finance firms the smart way. Read more: www.pymnts.com

Debitum ICO takes on central banks for SMB financing

Thousands of investors have already signed for the Debitum Network ICO in a community attempt to take back control of the small business financing sector. Read more: bitcoinist.com

Welendus surpasses initial crowdfunding target

P2P short-term lender Welendus has surpassed its initial crowdfunding target, with it pulling in £178,331, so far. Read more: fintech.global

Waddle said to close $50m debt funding

Australia-based Waddle has reportedly raised $50m in debt funding, after its has doubled its lending volume. Read more: fintech.global

Flender passes halfway mark for its latest funding round

Ireland-based P2P mobile lending platform Flender has raised over half of the capital for its funding round, pulling in around £1.2m, so far. Read more: fintech.global

Online lender Lendable signs $300m loan deal with Castle Trust

Lendable, a UK-based online lending platform, has landed up to £300m from specialty lender Castle Trust Capital. Read more: fintech.global

African Bank centralises credit decision management with Fico

African Bank can now launch new credit strategies 30 percent faster at 25 percent lower cost and can make changes to credit strategies in two day, Read more: www.finextra.com