Friday, August 14, 2020

Australian property lending platform LendEx appoints board

LendEx, a leading Australian peer-to-peer lending platform for direct commercial property lending, has appointed two new prominent board members. Read more: www.crowdfundinsider.com

FinTech companies cash in on retail lending boom

Supported by a 12% YOY growth in banks personal loans, cos like Rubique, CoinTribe, Paisabazaar and BankBazaar have grown their businesses. Read more: economictimes.indiatimes.com

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

Former Lending Club CEO launches rival platform with $60m

Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup Upgrade with $60m in funding. Read more: www.fintechroundup.com

LendingHome’s investor platform hits $100m invested

LendingHome announced that $100 million has now been invested on its platform for individual investors. Read more: www.lendinghome.com

FICO offers banks faster SME loan decisioning

FICO rolls out a new solution to help banks and credit unions automate the SME loan approval process. Read more: www.pymnts.com

Kreditbörsen launches peer-to-peer lending service in Sweden

Kreditbörsen (the credit exchange), a part of Sweden-based LendyTech, has launched a peer-to-peer lending service for borrowers and investors. Read more: www.crowdfundinsider.com

P2P lending platform Landbay reduces product rates & fees

UK-based peer-to-peer lending platform Landbay has reportedly reduced its product rates and fees. Read more: www.crowdfundinsider.com

Nigerian SME lender Lidya pockets $1.25m

Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Read more: www.fintechroundup.com

Raise.me pockets $12m to change student loans

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round. Read more: www.fintechroundup.com

POPULAR ARTICLES