Saturday, April 1, 2023

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:

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:

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:

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:

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:

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:

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:

Indiegogo forms partnership with Riverwood Solutions

Indiegogo announced it teamed up with manufacturing and supply-chain advisory firm, Riverwood Solutions. Read more:

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:

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: