iWoca looks to grow SME alt lending access
Alternative lending was supposed to be the way SMEs broke through banking barriers to gain access to capital. Read more: www.pymnts.com
LendingTree launches student loan comparison tool
The comparison tool enables students to compare their student loans to see if they can save money by refinancing. Read more: finovate.com
Yongqianbao nabs $67m for micro lending app
Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was led by Golden Brick Capital Management. 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
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
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
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
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
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
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