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