Millennials relying on apps and websites for loans
Many young salaried professionals and students are opting out from borrowing from friends and instead going for a new breed of fintech companies like CASHe. Read more: economictimes.indiatimes.com
FinTech firms are a blessing for small entrepreneurs
Powered by technologies that harness big data, fintech companies are positioning themselves as viable lenders and payment solutions providers with mobile wallets and insta-loans. Read more: forbesindia.com
Finstar expands senior FinTech team with Timko hire
Finstar Financial Group has further expanded its fintech and financial services investment program with the hire of Eugene Timko.v
Westoba Partners with Grow to pioneer online lending
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
Peer-to-peer lenders ‘break advertising rules’, regulator warns
The Financial Conduct Authority has raised concerns about the advertising methods of some peer-to-peer companies. Read more: www.telegraph.co.uk
FinTech startup lands $3m to automate payments
Paying Loans Sucks - FinTech Startup EarnUp Lands $3 Million To Intelligently Automate Payments. Read more: www.prnewswire.com
Indian SME lending startup NeoGrowth nets $35m backing
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,...
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
Small business loan platform Bizfi picks up $20m financing
New York-based Metropolitan Equity has backed financial technology company Bizfi with a $20m growth equity investment.
JustUs Sets ambitious plan to disrupt Peer to Peer lending
JustUs, a new peer to peer lending platform focusing on the IF ISA space, is preparing to launch a crowdfunding campaign on Crowdcube to raise £1 million. Read More: www.crowdfundinsider.com