Thursday, May 25, 2017

Indian lender PaySense scores $5.3m

Indian lending startup PaySense has raised $5.3m in a Series A round led by Jungle Ventures Naspers Group and Nexus Venture Partners also participated. Read more:

Better FinTech alternatives to high-cost credit are already here

FinTech still has a ways to go to change the financial world, but it already offers solutions to income insecurity that can be truly transformational right now. Read more:

EzCred scores $1m for offline POS lending

Indian consumer lending startup EzCred has picked up a $1m Seed round from a consortium of individual investors. Read more:

MortgageGym secures £2m for regulator-friendly robo-advisor

Mortgage robo-advisor MortgageGym has raised £2m in a Seed funding round ahead of its launch in the summer. Read more:

Taralite scores $6.3m from Japan’s SBI Group

Indonesian peer-to-peer lending platform Taralite has picked up $6.3m in funding round from Japanese conglomerate SBI Group. Read more:

MarketInvoice secures £45m from Portugal’s BNI Europa

Invoicing financing platform MarketInvoice has inked a deal with Portuguese Banco BNI Europa (BNI) to provide £45m in lending commitments annually. Read more:

Hong Kong-based Qupital lands Alibaba funding

Alibaba Entrepreneurs Fund is making its first FinTech investment in backing Hong Kong-based invoice financing platform Qupital. Read more:

UBank unveils virtual assistant for home loan applications

UBank has unveiled RoboChat, Australia's first virtual assistant to help potential home buyers and refinancers complete their online applications. Read more:

Micro-lender AYE Finance swipes fresh $3m

Indian micro-lender AYE Finance has secured a $3m credit line from public lender the State Bank of India. Read more:

Zopa receives full FCA authorisation for P2P lending

The first peer to peer lender to launch in the UK back in 2005 has finally received full authorisation from the Financial Conduct Authority (FCA). Read more: