MARKETPLACE LENDING

Indian fintech startup NeoGrowth has raised $35m in a new financing round backed by Mumbai-based asset manager IIFL. Existing investors, including Quona Capital’s Accion Frontier Inclusion Fund,...

New York-based Metropolitan Equity has backed financial technology company Bizfi with a $20m growth equity investment.

Bertelsmann India Investments has led a $32m Series B round in Indian lending platform Lendingkart Group.

TTV Capital has led a $2.25m Series A funding round for B2B fintech platform Apruve.

Sydney-based fintech business Waddle has secured funding for $30m in loan volume over the next 12 months from an unnamed Australian private investor.

Brazilian online credit startup BankFacil has closed a new BRL15m ($4.3m) Series A financing round thanks to new capital from Kaszek Ventures and existing backers.

Online home financing startup Better Mortgage has picked up a $30m round of investment from backers including 1/0 Capital and Pine Brook Partners, it is understood.

A bevy of venture capital backers have invested $11m in consumer credit fintech startup Ascend Consumer Finance.

Westoba Credit Union is pleased to announce a partnership with Vancouver-based FinTech company Grow in order to offer online consumer loans. Read more: finance.yahoo.com

A new online mortgage finance platform, uno home loans (uno), empowers Australian consumers for the first time to broker their own home loan. Read more: anthillonline.com