Southeast Asia is the next E-Commerce wonderland
DHL works with many E-Commerce as well as brick-and-mortar companies to provide last-mile connectivity in Asia, apart from Europe and the Americas. Read more: www.e27.co
Neyber picks up £7.5m for employee financial wellness
Employee financial wellness startup Neyber has picked up £7.5m in a Series B round. The investment comes from existing backer Police Mutual. Read more: www.fintechroundup.com
LendUp fined $3.6m for dodgy loans
Payday loans startup LendUp is being made to pay $3.6m for widespread violation of payday and instalment laws. Read more: www.fintechroundup.com
Myanmar microfinance could see FinTech first
Blockchain technology could be coming to Myanmar, where a local company is hoping to become one of the first microfinance firms in the world to use a blockchain-based core banking system. Read more: www.mmtimes.com
How to fix the ‘Fix Crowdfunding Act’
Getting to understand the Fix Crowdfunding Bill. Read more: www.crowdfundinsider.com
Small business loan platform Lendified secures $20m
Lendified, which provides loans specifically for small businesses, has announced that Liquid Capital will provide the senior debt for a new credit facility up. Read more: betakit.com
RBI to regulate peer-to-peer lending
The RBI has proposed that peer-to-peer lending platforms would be regulated as a separate category of NBFCs. Read more: www.thehindubusinessline.com
UK SME lender Boost Capital secures £15m credit line
UK specialist business lender Boost Capital has secured a £15m credit line from US investment firm Atalaya Capital Management. Read more: www.fintechroundup.com
FinTech startup Moula embarks on major growth plans
Renowned tech entrepreneur Chris Ridd has joined the board of Melbourne-based lending platform Moula to help it transition from a startup into a major company. Read more: www.smartcompany.com.au
FinTech Zopa is launching a bank
Zopa, the London-fintech credited with inventing P2P lending, is launching a challenger bank to enhance their market-lending business. Read more: www.uk.businessinsider.com