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: www.crowdfundinsider.com
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: forbesindia.com
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: www.thejakartapost.com
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: www.fintechroundup.com
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: www.crowdfundinsider.com
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: www.altassets.net
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: www.coindesk.com
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: www.bankingtech.com
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: www.fintechroundup.com