Tuesday, January 31, 2023

Is Kabbage buying out rival OnDeck?

Small business lender Kabbage announced earlier this month that it would begin selling over $525 million worth of loans to investors. Read more: www.crowdfundinsider.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

Flender secures £500,000 on Seedrs

Social peer-to-peer (P2P) lending platform Flender has secured more than £500,000 in a equity crowdfunding campaign on Seedrs. Read more: www.fintechroundup.com

HitFox-backed FinTech builder FinLeap scores €21m financing round

German fintech company-builder FinLeap has picked up a €21m financing round from backers including HitFox, which launched the company back in December 2014.

Indiegogo introduces Stripe payment options

Indiegogo has introduced new payment options for its crowdfunding platform that will make it easier for backers to receive the support they needed. Read more: www.crowdfundinsider.com

Canstar launches comparison portal WealthBricks

Start-ups are targeting this market with solutions that deliver advice, products and access to markets. The challenge, though, for start-ups and investors alike is discovering one another. Read more: www.finextra.com