PLATFORMS

The Chinese authorities are cracking down on suspicious peer-to-peer (P2P) lending platforms with raids on the offices of two businesses connected with Shanghai Kuailu Investment Group. Read more: www.fintechroundup.com

A Shanghai-based company is banking on U.S. investors’ appetite for China’s fast-growing peer-to-peer lending industry. Read more: www.wsj.com

You aren't eligible for a bank loan unless your employer is among the 3.3% of the companies vetted by Indian banks. Read more: www.techinasia.com

China is the biggest market in fintech but the world just doesn’t know it yet. It is true, take a look at the chart above. Read more: www.lendacademy.com

Peer-to-peer (P2P) platform Saving Stream has reached a new milestone of £200m in lending to property investors. Read more: www.cityam.com

The FCA released a new report on regulation of P2P lenders and crowdfunding platforms on Friday suggesting tighter regulation amid concerns. Read more: uk.businessinsider.com

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

Earlier this month, Biz2Credit released the findings of its most recent small business lending index. Read more: www.pymnts.com

Social Finance (SoFi) is expanding its offering to include employee benefits and financial wellness programme SoFi at Work to reduce the impact of student debt. Read more: www.fintechroundup.com

Online credit marketplace Camino has raised $2m in a new round of venture funding.