Wednesday, May 1, 2024

How’s your credit? FinTech lender makes it easier to find out

Toronto-based Borrowell has teamed with Equifax to offer consumers free access to their credit score through its website. Read more: www.theglobeandmail.com

Alternative lenders aren’t going away, they’re just misunderstood

What a difference a year makes. In 2015, Lending Club was a marketplace-lending leader with a $7 billion market cap. Read more: techcrunch.com

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

P2P lending: towards easy funding in India

The consultation paper on peer-to-peer (P2P) lending, released by the Reserve Bank of India (RBI) in late April, proposes a balanced approach. Read more: www.livemint.com

China is the biggest market in FinTech – the world just...

China is the biggest market in fintech but the world just doesn’t know it yet. It is true, take a look at the chart above. Read more: www.lendacademy.com

Uno allows Australians to broker their home loans online

A new online mortgage finance platform, uno home loans (uno), empowers Australian consumers for the first time to broker their own home loan. Read more: anthillonline.com

Regulating peer-to-peer lending businesses in Indonesia

Along with the development of technology in Indonesia, the financial sector is also apparently progressing toward a more practical and modern outlook. Read more: www.thejakartapost.com

Mucker Capital, Tekton Ventures among backers of $11m Ascend Consumer Finance...

A bevy of venture capital backers have invested $11m in consumer credit fintech startup Ascend Consumer Finance.

Pine Brook, 1/0 Capital among $30m Better Mortgage Series A backers

Online home financing startup Better Mortgage has picked up a $30m round of investment from backers including 1/0 Capital and Pine Brook Partners, it is understood.

P2P Lending in Singapore: MAS reveals approach

This week the Monetary Authority of Singapore (MAS) revealed their approach to "securities crowdfunding". Read more: www.crowdfundinsider.com

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