Thursday, June 21, 2018
Tags Marketplace Lending

Tag: Marketplace Lending

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

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

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

Lending Express closes $2.7m round

Lending Express, an AI-powered marketplace for business loans, has raised $2.7m in its latest funding round led by Entrée Capital and iAngels. Read more: fintech.global

Student Loan Genius bags $3.5m in funding led by Vestigo Ventures

Student Loan Genius, a loan support platform for employees, has collected $3.5m in a funding round led by Vestigo Ventures. Read more: fintech.global

LendingPoint closes raises $600m credit facility

LendingPoint has closed a $600m credit facility from Guggenheim Securities, just months after a $500m credit line last year. Read more: fintech.global

Banco BNI to invest up to €15m into online auto financing...

Portuguese challenger bank Banco BNI Europa is looking to invest up to €15m into online auto financing platform Lendrock. Read more: fintech.global

LendingTree acquires credit repair platform Ovation Credit

Online loan marketplace LendingTree has agreed to acquire Ovation Credit Services, a credit repair platform. Read more: fintech.global

P2P lending platform Flender raises £350k from Enterprise Ireland

Ireland-based P2P mobile lending platform Flender has raised a £350,000 investment from Enterprise Ireland, Flender founder Olic Cavanagh told FinTech Global. Read more: fintech.global

Santander UK to launch digital financing platform for SMEs

Santander UK says it is working on a project “to build an open digital financial services platform for SMEs”. Read more: www.bankingtech.com