LendingKart looks to future with $32m Series B investment
Bertelsmann India Investments has led a $32m Series B round in Indian lending platform Lendingkart Group.
LendingClub and OnDeck will die in the next recession
LendingClub’s (and that of other p2p lenders) business model is a race against time, but without a finish line. Read more: seekingalpha.com
Strong interest in P2P platforms in Malaysia
A significant number of parties are scurrying to submit their applications to run peer-to-peer (P2P) lending platforms in Malaysia. Read more: www.thestar.com.my
TTV Capital leads Series A for B2B fintech business Apruve
TTV Capital has led a $2.25m Series A funding round for B2B fintech platform Apruve.
Regulatory focus is critical for P2P lending’s success in India
Reduced regulatory and legal uncertainty in the nascent stage of an industry’s development allows firms to fine-tune their business models. Read more: blogs.economictimes.indiatimes.com
A peer-to-peer lending platform for small business
Germany's Commerzbank has launched a peer-to-peer lending platform. Read more: www.dailymail.co.uk
Kaszek Ventures helps bring Brazil credit startup BankFacil financing to BRL25m
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.
Australian SME fintech financer Waddle secures $30m debt funding
Sydney-based fintech business Waddle has secured funding for $30m in loan volume over the next 12 months from an unnamed Australian private investor.
Fintech Startup LoanAdda ties up with Real Estate giant Unity Group
LoanAdda hopes to become a syndicate for the capital's biggest residential project Amaryllis, located in central Delhi, , real estate, property sector, startups. Read more: businessworld.in
First “Peer to Peer” Bank Raises $6m In Australia
The world’s “first peer to peer bank” has just departed stealth mode having received a $6 million investment to fuel the disruption of traditional banking. Read more: www.crowdfundinsider.com