Online home financing startup Better Mortgage has picked up a $30m round of investment from backers including 1/0 Capital and Pine Brook Partners, it is understood.
Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in a Series B round led by Quona Capital. Read more: www.fintechroundup.com
Kubo.financiero, a Mexican peer-to-peer lending platform, has raised $7.5m in its Series A round of funding.
Sunlight Financial has raised $130m for its residential solar systems financing platform. The investment comes from Tandem and Moven backer Route 66. Read more: www.fintechroundup.com
The digital facility will do away with the need to call on a relationship manager or visit a branch, to transact or to get clearances. Read more: forbesindia.com
There’s stress on Indian public sector banks due to mounting bad debt, and that has resulted in cautious lending. Read more: www.techinasia.com
Reduced regulatory and legal uncertainty in the nascent stage of an industry’s development allows firms to fine-tune their business models. Read more: blogs.economictimes.indiatimes.com