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
CommLoan takes $2.25m for mortgage lending marketplace
Mortgage lending company CommLoan has picked up $2.25m in seed funding from Social Leverage and ViaWest Group. Read more: www.fintechroundup.com
Camino grabs $2m for Hispanic-owned business lending
Online credit marketplace Camino has raised $2m in a new round of venture funding.
Crowdfunding portal launches new syndicate platform
Crowdfunding platform Equitise has launched a new “Syndicate” platform to connect Australian VC's and Angel Investors with retail investors. Read more: www.crowdfundinsider.com
SocietyOne has facilitated $38m in personal loans in 2016
Australian P2P lender SocietyOne’s new CEO Jason Yetton disclosed some growth figures this week. Read more: finovate.com
Indian altlending driven by Goldman and KKR
Foreign financiers that fall outside the traditional banking system are pushing the growth of nonbank lending in India. Read more: www.pymnts.com
Subprime lender Elevate lands $545m in credit from Victory Park
Subprime online lender Elevate has increased its credit facility with Victory Park Capital (VPC) by $100m to a total of $545m.
Loan Frame picks up $2.25m for SME lending
SME lender Loan Frame has picked up $2.25m in a seed round led by Vedanta Capital. Read more: www.fintechroundup.com
Unilend swipes €2.5m for crowdlending platform
French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management. Read more: www.fintechroundup.com
LendingKart acqui-hires online loan marketplace KourtMoney
Lendingkart has today announced that it has acqui-hired KountMoney, an online lending marketplace for personal loans. Read more: www.thetechportal.com