LendUp lands $100m credit facility
Payday loan alternative startup, LendUp, announced this week it has received a $100m credit facility. Read more: www.finovate.com
More good news for lending as Upstart nabs $32.5m Series D
In the wake of Prosper’s $5bn loan financing deal, online lender Upstart has raised $32.5m in its Series D round. Read more: www.fintechroundup.com
P2P lender Proplend wins FCA authorisation
Proplend announced that it has been granted full authorisation from the Financial Conduct Authority for peer to peer lending. Read more: www.finextra.com
BlueVine snags $75m credit line from Fortress Credit
Small business lender BlueVine has picked up $75m in a warehouse credit line from investment management firm Fortress Credit. Read more: www.fintechroundup.com
Lending and credit health startup CreditMantri scoops up $7.6m
Indian digital lending and financial wellness startup CreditMantri has raised $7.6m in a Series B round led by Quona Capital. Read more: www.fintechroundup.com
After a tough year for lending Prosper signs $5bn deal
Peer-to-peer marketplace Prosper has secured a deal with a consortium of investors for up to $5bn worth of loans. 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
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
Sunlight Financial scores $130m for solar financing
Sunlight Financial has raised $130m for its residential solar systems financing platform. The investment comes from Tandem and Moven backer Route 66. Read more: www.fintechroundup.com
