Kreditbörsen launches peer-to-peer lending service in Sweden

Kreditbörsen (the credit exchange), a part of Sweden-based LendyTech, has launched a peer-to-peer lending service for borrowers and investors. Read more:

HDFC Bank launches digital banking services for SME clients

The digital facility will do away with the need to call on a relationship manager or visit a branch, to transact or to get clearances. Read more:

P2P lending, a new form of financial inclusion

P2P lending offers many advantages, like its flexibility, which allows it to channel capital to virtually anyone, in any amount, effectively, at low interest rates. read more:

Chinese regulators crack down on peer-to-peer lending

Chinese authorities are cracking down on the nation’s booming peer-to-peer lending space with new regulations in response to scandals and the shut down of fraudulent companies in the space.

Unilend swipes €2.5m for crowdlending platform

French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management. Read more:

UK P2P Finance Association finds new info on P2P lending

The UK Peer to Peer Finance Association (P2PFA) has released a commissioned study on the economics of the peer to peer lending market in the UK. Read more:

Clara nabs $27m in VC funding for mortgage lending platform

California-based FinTech startup Clara has raised $27m in a second round of financing led by Redpoint Ventures and Venrock. Read more:

Peer-to-peer lending could limit credit crunches

Britain's former top financial watchdog has distanced himself from his comments made earlier this year. Read more:

P2P lender Folk2Folk gains full FCA authorisation

Folk2Folk will be able to offer the innovative finance individual savings account (IFISA) to customers, subject to the HM Revenue and Customs approval. Read more:

Riga-based lender Creamfinance lands €21m

Riga, Latvia-based consumer lending startup Creamfinance has raised €21m in new funding. The Series B round comes from Capitec Bank. Read more: