Wednesday, May 1, 2024

Kuber Financial strategically acquires Mobilend

Kuber Financial, LLC, has announced the acquisition of Mobilend, Inc., a mobile SaaS lending platform. Read more: www.crowdfundinsider.com

P2P lending: towards easy funding in India

The consultation paper on peer-to-peer (P2P) lending, released by the Reserve Bank of India (RBI) in late April, proposes a balanced approach. Read more: www.livemint.com

Cryptocurrency crowdfunding experiment ends in disaster

Wildly successful DAO crowdsourced venture fund using Ethereum currency will now shut down. Read more: www.inc.com

Bank of England seeks to innovate services via new FinTech Accelerator

The Bank of England announced the launch of a new Fintech Accelerator on 17 June looking to support businesses able to help it innovate central banking.

China is the biggest market in FinTech – the world just...

China is the biggest market in fintech but the world just doesn’t know it yet. It is true, take a look at the chart above. Read more: www.lendacademy.com

Uno allows Australians to broker their home loans online

A new online mortgage finance platform, uno home loans (uno), empowers Australian consumers for the first time to broker their own home loan. Read more: anthillonline.com

Should you get into real estate crowdfunding?

One buzz word that’s fast making waves among real estate investors is “crowdfunding”. But there are many investors who’re hesitant to embrace the concept, wondering if it’s a trend that’s set to remain or just a passing fad. Read more: realtybiznews.com

Regulating peer-to-peer lending businesses in Indonesia

Along with the development of technology in Indonesia, the financial sector is also apparently progressing toward a more practical and modern outlook. Read more: www.thejakartapost.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.

Pine Brook, 1/0 Capital among $30m Better Mortgage Series A backers

Online home financing startup Better Mortgage has picked up a $30m round of investment from backers including 1/0 Capital and Pine Brook Partners, it is understood.

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