Mortgage lender Nexera lands Warburg Pincus investment
Mortgage lender Nexera Holdings has received a ‘significant growth investment’ from funds affiliated with global private equity firm Warburg Pincus. Read more: www.fintechroundup.com
Lending Club releases investor update on loss forecasts
lending clubLending Club has filed an 8-K regarding an investor update from the company’s Chief Investment Officer Siddhartha Jajodia. Read more: www.crowdfundinsider.com
Peer-to-peer lenders ‘break advertising rules’, regulator warns
The Financial Conduct Authority has raised concerns about the advertising methods of some peer-to-peer companies. Read more: www.telegraph.co.uk
FlexiLoans takes $15m for SMEs loans
Indian online lending platform FlexiLoans has raised $15m in a new round of funding from angel investors. Read more: www.fintechroundup.com
LendingHome forms mortgage risk team, offers better protection
LendingHome, the largest mortgage marketplace lender, continues to instill investor confidence for investing in its high-quality, high-yield real estate assets. Read more: finance.yahoo.com
FinTech startup lands $3m to automate payments
Paying Loans Sucks - FinTech Startup EarnUp Lands $3 Million To Intelligently Automate Payments. Read more: www.prnewswire.com
India’s FinTech startups target subprime customers
There’s stress on Indian public sector banks due to mounting bad debt, and that has resulted in cautious lending. Read more: www.techinasia.com
India’s “MM” raises $15M to expand to new financial products
Fintech companies are beginning to make a significant impact to how people live in Asia. Mywish Marketplaces, one of the more mature startups in what is. Read more: techcrunch.com
Lendio picks up $20m round after lending grows 93%
Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings Utah-based company's total funding to $51m. Read more: www.fintechroundup.com
Irish alt-lender has interest rate change of heart
Irish alternative lender Linked Finance launches a new small business loan with fixed interest rate, different than its initial business model. Read more: www.pymnts.com