Payday loan firm Wonga suffers data breach
Payday loan firm Wonga has suffered a data breach affecting up to 245,000 customers in the UK. A further 25,000 customers in Poland may also be affected. Read more: techcrunch.com
UK SME lender Fleximize lands £16.3m
SME lender Fleximize has secured a £16.3m financing facility from specialist investment fund Hadrian’s Wall Secured Investments. Read more: www.fintechroundup.com
FinTech companies cash in on retail lending boom
Supported by a 12% YOY growth in banks personal loans, cos like Rubique, CoinTribe, Paisabazaar and BankBazaar have grown their businesses. Read more: economictimes.indiatimes.com
Neyber picks up £7.5m for employee financial wellness
Employee financial wellness startup Neyber has picked up £7.5m in a Series B round. The investment comes from existing backer Police Mutual. Read more: www.fintechroundup.com
First Circle bags $1.3m to bring SME lending to South-East Asia
South-East Asian SME lender First Circle has raised $1.3m in a new round from Accion Venture Lab and Deep Blue Ventures. Read more: www.fintechroundup.com
Australian property lending platform LendEx appoints board
LendEx, a leading Australian peer-to-peer lending platform for direct commercial property lending, has appointed two new prominent board members. Read more: www.crowdfundinsider.com
UK SME lender Boost Capital secures £15m credit line
UK specialist business lender Boost Capital has secured a £15m credit line from US investment firm Atalaya Capital Management. Read more: www.fintechroundup.com
MortgageHippo bags $2.5m for white-labelled online platform
Mortgage tech provider to lenders MortgageHippo has secured $2.5m in a Seed round of funding. The investment comes from CMFG Ventures. Read more: www.fintechroundup.com
Bitauto takes $1bn from investors for Chinese auto-financing
Chinese auto financing platform Bitauto has secured $1bn in its latest funding round from a consortium of heavyweight Chinese internet firms. Read more: www.fintechroundup.com
Kuflink’s P2P lending platform receives FCA authorisation
Kuflink has received full authorisation from the Financial Conduct Authority (FCA) for its peer-to-peer lending platform. Read more: www.crowdfundinsider.com