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.
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.
Westoba Partners with Grow to pioneer online lending
Westoba Credit Union is pleased to announce a partnership with Vancouver-based FinTech company Grow in order to offer online consumer loans. Read more: finance.yahoo.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
Could crowdfunding be the next big investment scandal?
The UK’s crowdfunding industry is one of the great success stories of the so-called FinTech (financial technology) sector. Read More: www.independent.co.uk
FinTech firms are a blessing for small entrepreneurs
Powered by technologies that harness big data, fintech companies are positioning themselves as viable lenders and payment solutions providers with mobile wallets and insta-loans. Read more: forbesindia.com
Millennials relying on apps and websites for loans
Many young salaried professionals and students are opting out from borrowing from friends and instead going for a new breed of fintech companies like CASHe. Read more: economictimes.indiatimes.com
Why online lenders should become banks
Marketplace firms are lending much less than they did at the end of 2015. Read More: next.ft.com
Fujitsu partners Cloud Lending Solutions for FinTech
The cloud-based platform digitises origination, underwriting, servicing, and collections, creating a single system of record for lending and leasing operations. Read more: www.enterpriseinnovation.net
Student loan company CommonBond lands $30m
Neuberger Berman’s private equity arm has led a $30m financing round in online student loan company CommonBond.
The firm joined existing investors August Capital, Tribeca...