Fintech startup led by two students score first bank partnership with DBS. Read more: sbr.com.sg
Fintech startups are using artificial intelligence to make loans with rates as low as 6% and with default rates of 7% or less. Read more: www.americanbanker.com
LendingHome announced that $100 million has now been invested on its platform for individual investors. Read more: www.lendinghome.com
Investment platform for small consumer brands CircleUp is planning to raise $100m, according to an SEC filing. Read more: www.fintechroundup.com
Brazilian online credit startup BankFacil has closed a new BRL15m ($4.3m) Series A financing round thanks to new capital from Kaszek Ventures and existing backers.
South Korea’s Hanwha Life Insurance has acquired a 4.1% stake in troubled peer-to-peer lending firm Lending Club. Read more: www.fintechroundup.com