Tuesday, January 19, 2021
MARKETPLACE LENDING

MARKETPLACE LENDING

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

Australian SME fintech financer Waddle secures $30m debt funding

Sydney-based fintech business Waddle has secured funding for $30m in loan volume over the next 12 months from an unnamed Australian private investor.

LendingHome forms mortgage risk team, offers better protection

LendingHome, the largest mortgage marketplace lender, continues to instill investor confidence for investing in its high-quality, high-yield real estate assets. Read more: finance.yahoo.com

Westpac pumps $16.5m into mortgage startup

Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno. Read more: www.fintechroundup.com

Affirm nabs $100m credit facility from Morgan Stanley

Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing. Read more: www.fintechroundup.com

P2P lender Folk2Folk gains full FCA authorisation

Folk2Folk will be able to offer the innovative finance individual savings account (IFISA) to customers, subject to the HM Revenue and Customs approval. Read more: www.bankingtech.com

Alternative lending predictions for 2017

Provided the regulator continues with approvals 2017 could well be the year alternative lending becomes normal. Read more: www.cityam.com

India’s FinTech startups target subprime customers

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

Crowdfunding portal launches new syndicate platform

Crowdfunding platform Equitise has launched a new “Syndicate” platform to connect Australian VC's and Angel Investors with retail investors. Read more: www.crowdfundinsider.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

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