Ford ploughs into FinTech with AutoFi investment
Auto giant Ford is making an investment in the fintech space and backing auto financing startup AutoFi. The size of the investment is undisclosed. Read more: www.fintechroundup.com
Financeit Recruits CFO from Capital One Canada
Point of sale customer financing solution Financeit expanded its team this week. They brought on Ian Hanning from Capital One Canada as its new CFO. Read more: finovate.com
P2P lender Dianrong.com joins Hyperledger blockchain project
Chinese P2P platform Dianrong.com officially announced it is joining one of the world's biggest blockchain alliances, the Hyperledger Project. Read more: www.prnewswire.com
AvantCredit get thumbs up from UK regulator
AvantCredit is getting the green light from UK regulators with the FCA now fully authorising the online lender. Read more: www.fintechroundup.com
Prospa raises largest ever Australian FinTech VC round
The Sydney-based company picked up A$25m ($19.18m) in a Series B round led by AirTree Ventures. Entrée Capital and Ironbridge Capital also participated. 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
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
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.
LendingKart looks to future with $32m Series B investment
Bertelsmann India Investments has led a $32m Series B round in Indian lending platform Lendingkart Group.
FastPay gets Citi backing for digital media lending
Online lenders might be having a tough year but that’s not holding back FastPay. The digital-businesses lender just landed a new round of funding from Citi Ventures. Read more: www.fintechroundup.com