According to 4thWay's numbers, UK market lending will deliver another “record year”, with a total of £3.02 billion facilitated via 35 various platforms. Read more: www.crowdfundinsider.com
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
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
Brazilian online credit startup BankFacil has closed a new BRL15m ($4.3m) Series A financing round thanks to new capital from Kaszek Ventures and existing backers.
LendingClub’s (and that of other p2p lenders) business model is a race against time, but without a finish line. Read more: seekingalpha.com
Tech-driven mortgage bank Better Mortgage has picked up a $15m Series B financing round from Kleiner Perkins Caufield & Byers, Goldman Sachs and Pine Brook. Read more: www.fintechroundup.com