Saturday, July 20, 2024
MARKETPLACE LENDING

MARKETPLACE LENDING

Işbank brings end to end digital e-mortgage

Having developed many products and services that served as milestones for the Turkish banking sector, İşbank continues its innovation. Read more: www.finextra.com

Carro parks $12m to pump into FinTech arm

Singapore-based auto marketplace Carro has picked up $12m in funding to pump into its FinTech division. The round’s lead investor is undisclosed. Read more: www.fintechroundup.com

MPOWER Financing bags funding to expand LatAm reach

Emerging markets-focused student lender MPOWER Financing has landed fresh funding from Latin American VC firms VARIV Capital and Chilango Ventures. Read more: www.fintechroundup.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

Point-of-sale mortgage startup cloudvirga nabs $15m

Point-of-sale mortgage company cloudvirga has raised $15m in a Series B round. The funding for the Irvine, California-based startup comes Incenter. Read more: www.fintechroundup.com

Relendex reaches milestone with full FCA authorisation

Relendex has reached a significant milestone with full authorisation from the Financial Conduct Authority. Read more: www.prnewswire.com

A FinTech startup risks quick loans to salaried folks

You aren't eligible for a bank loan unless your employer is among the 3.3% of the companies vetted by Indian banks. Read more: www.techinasia.com

Swiss SME lender Tradeplus24 secures $100m credit facility

Swiss SME lender Tradeplus24 has secured a $101m credit facility from boutique investment house Oceano One. Read more: www.fintechroundup.com

Tech will lead to new sub-prime crunch

In October 2016, two leading P2P platforms in the U.S. -- Lending Club and Prosper -- announced a new increase in interest rates for lower-grade loans. Read more: techcrunch.com

Rocket Mortgage provides quick takeoff for customers

Quicken Loans has done a great job positioning itself as both quick, and easy, in the mortgage market. Read more: finovate.com

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