Kuber Financial strategically acquires Mobilend
Kuber Financial, LLC, has announced the acquisition of Mobilend, Inc., a mobile SaaS lending platform. Read more: www.crowdfundinsider.com
These peer-to-peer platforms lent nearly £3bn
New figures out today showed that nearly £3bn was lent across the UK’s biggest peer-to-peer platforms last year. Read more: www.cityam.com
Wonga hires new CFO to steer turnaround
UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation. Read more: www.fintechroundup.com
Indonesia issues regulation on FinTech lending
The Financial Services Authority (OJK) has finally issued a regulation on financial technology firms that run peer-to-peer (P2P) lending businesses. Read more: www.thejakartapost.com
Landbay launches property-backed ISA
UK peer-to-peer lending platform, Landbay, has officially launched its property-backed ISA investment. 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
Venture capital giant KPCB among latest Better Mortgage funding round backers
Tech-driven mortgage bank Better Mortgage has picked up a $15m Series B financing round from Kleiner Perkins Caufield & Byers, Goldman Sachs and Pine Brook. Read more: www.fintechroundup.com
SoFi scoops up $500m to expand into Canada and Australia
Lending disruptor SoFi has landed $500m in a new haul of funding led by private equity investor Silver Lake. Softbank and GPI Capital also participated. Read more: www.fintechroundup.com
H2Ocean taps OnMarket for IPO
H2Ocean Ltd, a company which invests in a diversified global portfolio of early and growth stage financial technology (fintech) companies, says it is going public. Read more: www.finextra.com
Unilend swipes €2.5m for crowdlending platform
French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management. Read more: www.fintechroundup.com