Wednesday, March 3, 2021

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

Emerada lands $1.8m to launch SME funding platforms

Japanese FinTech startup Emerada has secured ¥200m ($1.8m) in a Seed round led by D4V. Two unnamed major financial institutions also participated. Read more: www.fintechroundup.com

UK SME lender Fleximize lands £16.3m

SME lender Fleximize has secured a £16.3m financing facility from specialist investment fund Hadrian’s Wall Secured Investments. Read more: www.fintechroundup.com

FinTech companies cash in on retail lending boom

Supported by a 12% YOY growth in banks personal loans, cos like Rubique, CoinTribe, Paisabazaar and BankBazaar have grown their businesses. Read more: economictimes.indiatimes.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

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

Australian property lending platform LendEx appoints board

LendEx, a leading Australian peer-to-peer lending platform for direct commercial property lending, has appointed two new prominent board members. Read more: www.crowdfundinsider.com

Crowdfunding in the Netherlands grows by 33%

In 2016 a total of €170 million was raised through crowdfunding in the Netherlands. This sets a new all-time high for the crowdfunding market. Read more: www.crowdfundinsider.com

UK SME lender Boost Capital secures £15m credit line

UK specialist business lender Boost Capital has secured a £15m credit line from US investment firm Atalaya Capital Management. Read more: www.fintechroundup.com

MortgageHippo bags $2.5m for white-labelled online platform

Mortgage tech provider to lenders MortgageHippo has secured $2.5m in a Seed round of funding. The investment comes from CMFG Ventures. Read more: www.fintechroundup.com

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