Payday loan firm Wonga suffers data breach
Payday loan firm Wonga has suffered a data breach affecting up to 245,000 customers in the UK. A further 25,000 customers in Poland may also be affected. Read more: techcrunch.com
BorrowersFirst secures another $100m to power loan growth
Texas-based online lender BorrowersFirst has secured $100m in debt financing to accelerate loan originations and grow its balance sheet. Read more: www.fintechroundup.com
Funding Circle has topped £2bn in lending
The SME marketplace lender is closing in on UK’s largest online lender Zopa that announced in January it had surpassed the £2bn mark. Read more: www.crowdfundinsider.com
Irish alt-lender has interest rate change of heart
Irish alternative lender Linked Finance launches a new small business loan with fixed interest rate, different than its initial business model. Read more: www.pymnts.com
Southeast Asia is the next E-Commerce wonderland
DHL works with many E-Commerce as well as brick-and-mortar companies to provide last-mile connectivity in Asia, apart from Europe and the Americas. Read more: www.e27.co
Regulation crowdfunding: What We See Day to Day
The new avenues of fundraising enabled by The JOBS Act will forever change the landscape of small business capital formation. Read more: www.crowdfundinsider.com
Indiegogo introduces Stripe payment options
Indiegogo has introduced new payment options for its crowdfunding platform that will make it easier for backers to receive the support they needed. Read more: www.crowdfundinsider.com
Indian SME lending startup NeoGrowth nets $35m backing
Indian fintech startup NeoGrowth has raised $35m in a new financing round backed by Mumbai-based asset manager IIFL.
Existing investors, including Quona Capital’s Accion Frontier Inclusion Fund,...
SMEs’ self-service banking leads to downsize
DNB, is taking a new approach to its SME customers as small businesses turn to digital, self-service banking solutions. Read more: www.pymnts.com
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