CreditEase rolls out SME FinTech platform in China
China-based lending platform CreditEase is expanding its financial services offering to provide supply chain financing and other services to small businesses in the nation. Read more: www.pymnts.com
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
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
Chinese FinTechs link supply chain financiers via blockchain
Supplier financing company FnConn and marketplace lending platform Dianrong have announced the launch of Chained Finance. Read more: www.pymnts.com
Funding Circle gets an extra £40m from UK gov to lend
Funding Circle is expanding its partnership with the government-run British Business Bank Investments and receiving £40m to lend to small businesses. Read more: www.fintechroundup.com
LendingClub shares soar on smaller than expected loss
Online lending platform operator LendingClub reported a smaller-than-expected loss and said an investor had agreed to buy $1.3 billion in loans. Read more: www.fintechranking.com
Why most P2P lenders have not yet offered IFISAs
After many months of the new Innovative Finance ISA being approved there are only several leading P2P lenders participating in the savings program. Read more: www.crowdfundinsider.com
Indiegogo forms partnership with Riverwood Solutions
Indiegogo announced it teamed up with manufacturing and supply-chain advisory firm, Riverwood Solutions. Read more: www.crowdfundinsider.com
Largest single day of giving in GoFundMe history
On this year's Giving Tuesday, GoFundMe campaigns raised more than $7.4 million, showing a 46% increase from 2015. Read more: www.prnewswire.com
Credible takes $10m for student loan marketplace
Online student loans marketplace Credible has picked up $10m in its Series B round. Regal Funds Management led the round. Read more: www.fintechroundup.com