Alternative SME finance just might survive in 2017
Earlier this month, Biz2Credit released the findings of its most recent small business lending index. Read more: www.pymnts.com
Bitbond scoops up $1.2m for bitcoin-based lending
Peer-to-peer bitcoin lender for SEMs Bitbond has raised $1.2m in new funding. Read more: www.fintechroundup.com
German investment crowdfunding grew 39% in 2016
Investment crowdfunding grew by 39% during 2016 reaching €63.8m. Still quite small in comparison to some other countries but solid growth none-the-less. Read more: www.crowdfundinsider.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
Myanmar microfinance could see FinTech first
Blockchain technology could be coming to Myanmar, where a local company is hoping to become one of the first microfinance firms in the world to use a blockchain-based core banking system. Read more: www.mmtimes.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
Bank SME lending surges, alt-lenders flop
Marketplace lending platform Biz2Credit has published its latest small business lending index, and the numbers signal A rise in SME lending and some rough waters ahead for alternative finance. Read more: www.pymnts.com
SoFi looks to raised $500m in new funding
Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports. Read more: www.fintechroundup.com
Farm financing platform ProducePay picks up $77m
Farming-focused lender ProducePay has secured $77m in equity and debt funding to provide cash-flow solutions to farmers of perishable goods. Read more: www.fintechroundup.com
Italian crowdfunding rules to accept all SME firms
the Italian Stability Law for 2017 extends investment crowdfunding to all small and medium companies that want to raise capital online. Read more: www.crowdfundinsider.com