Tala scores $30m for emerging market financial services
Credit scoring and lending startup Tala has picked up more than $30m in a Series B round led by Institutional Venture Partners (IVP). Read more: www.fintechroundup.com
The big rebundling of peer-to-peer finance
This week, peer-to-peer lending platform Zopa announced Europe's first securitization of unsecured consumer loans. Read more: venturebeat.com
Wall Street lobbyist to head online lending trade group
Nat Hoopes, executive director of the trade group comprising the biggest Wall Street banks’ chief executive officers, is making the jump to FinTech. Read more: www.bloomberg.com
First Circle bags $1.3m to bring SME lending to South-East Asia
South-East Asian SME lender First Circle has raised $1.3m in a new round from Accion Venture Lab and Deep Blue Ventures. Read more: www.fintechroundup.com
Climb Credit tries to shake up American student loans
Climb Credit, with just two dozen employees, provides student loans, for programmes bringing returns higher than expected from universities. Read more: www.economist.com
Rocket Mortgage provides quick takeoff for customers
Quicken Loans has done a great job positioning itself as both quick, and easy, in the mortgage market. Read more: finovate.com
Is alternative lending a perishable FinTech segment?
Despite competitive propositions, it is likely that banks will eventually drive this particular FinTech segment out of business. Read more: letstalkpayments.com
Neyber picks up £7.5m for employee financial wellness
Employee financial wellness startup Neyber has picked up £7.5m in a Series B round. The investment comes from existing backer Police Mutual. Read more: www.fintechroundup.com
Misys prepares for alt-lending’s collapse
Banking software provider Misys wants to offer their customers a P2P loan, a solution that nixes any need for banks to partner with or acquire an alternative lender. Read more: www.pymnts.com
LendingRobot taps blockchain for robo-fund
LendingRobot, the first robo-advisor for Alternative Lending built for individual investors, announced today the launch of robo-fund LendingRobot Series. Read more: www.finextra.com