Friday, April 19, 2024

American Express backs IndiaLend’s $4m round

Delhi-based credit underwriting and analytics startup IndiaLends has attracted American Express’ venture arms for its $4m funding round. Read more: www.fintechroundup.com

Social good crowdlender ECrowd! lands €300,000 on Crowdcube

Debt crowdfunding platform ECrowd! has raised €307,900 through an equity crowdfunding campaign on Crowdcube. The round attracted 135 private investors. Read more: www.fintechroundup.com

Crowdcube: first UK crowdfunding platform to raise £200m

On Monday, Crowdcube announced it was the first UK crowdfunding platform to raise £200m for more than 430 businesses. Read more: www.crowdfundinsider.com

EquiLend taps FinTech vet as first CIO

Ken DeGiglio, who led app development as a managing director at TD Ameritrade, will oversee efforts at the securities lending platform. Read more: blogs.wsj.com

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

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

Funding Wonder finds regulated crowdfunding

Online crowdfunding portal Funding Wonder has found its first business to use its regulated financing solution. Read more: www.pymnts.com

Goldman signs $100m credit facility for lender Fundation

Fundation, which makes online business loans, this week completed a $100m credit facility with Goldman Sachs to expand its recent partnerships. Read more: www.wsj.com

Crowdfunding platform Kickstarter debuts in Asia

Kickstarter, one of the world's largest crowd funding platforms, is launching in Hong Kong and Singapore making it easier for creators there to launch projects. Read more: thetechportal.com

P2Binvestor picks up $7.7m for crowdfunding business lending

Business lending marketplace P2Binvestor (P2Bi) has raised $7.7m in a Series A1 round led by Rockies Venture Club (RVC). Read more: www.fintechroundup.com

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