Saturday, July 20, 2024
MARKETPLACE LENDING

MARKETPLACE LENDING

iWoca looks to grow SME alt lending access

Alternative lending was supposed to be the way SMEs broke through banking barriers to gain access to capital. Read more: www.pymnts.com

LendingTree launches student loan comparison tool

The comparison tool enables students to compare their student loans to see if they can save money by refinancing. Read more: finovate.com

Yongqianbao nabs $67m for micro lending app

Beijing-based mobile lending app Yongqianbao has picked up $67m in a funding round. The round was led by Golden Brick Capital Management. Read more: www.fintechroundup.com

Raise.me pockets $12m to change student loans

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round. Read more: www.fintechroundup.com

Nigerian SME lender Lidya pockets $1.25m

Nigerian small business lender Lidya has picked up $1.25m in a seed funding round led by Accion Venture Lab. Read more: www.fintechroundup.com

P2P lending platform Landbay reduces product rates & fees

UK-based peer-to-peer lending platform Landbay has reportedly reduced its product rates and fees. Read more: www.crowdfundinsider.com

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

FICO offers banks faster SME loan decisioning

FICO rolls out a new solution to help banks and credit unions automate the SME loan approval process. Read more: www.pymnts.com

LendingHome’s investor platform hits $100m invested

LendingHome announced that $100 million has now been invested on its platform for individual investors. Read more: www.lendinghome.com

Former Lending Club CEO launches rival platform with $60m

Former Lending Club CEO Renaud Laplanche is launching a new consumer lending startup Upgrade with $60m in funding. Read more: www.fintechroundup.com

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