How technology can support SME lending during the pandemic
COVID-19 has resulted in a host of new challenges for the UK’s small businesses. Arguably, one of the most pressing being how to access funds to…
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Lending
Southeast Asian lending platform Validus raises $20 million
Small- to medium-sized businesses are one of the most important parts of Southeast Asia’s economy, but many have trouble securing growth capital from…
FinAccel raises $90M to expand credit lending platform in Southeast Asia
Singapore-headquartered FinAccel has secured $90 million in what is the largest funding round for a fintech startup in Southeast Asia as it looks to further…
Payments Processor Stripe Launches Lending Service for Online Companies
Online payments processor Stripe announced the launch of its lending service Stripe Capital for the internet businesses in the United States. On Sept. 5,…
Habito, the digital mortgage broker will begin direct lending
Habito, the London startup that has spent the last three years dragging the mortgage process online, is to begin direct lending via its own range of mortgages.…
Indonesia’s P2P lending platform KoinWorks
Indonesian Peer-to-peer (P2P) lending platform, KoinWorks, simply introduced its newest Series A funding raised from the worldwide fintech-focussed…
P2P Lending and Digital Lending Fintechs Active in Southeast Asia
The size of the Southeast Asian alternative financing market grew from US$46.65 million in 2015 to a whopping US$215.9 million the following year. That’s…
Zopa, the UK P2P lending company, secures bank license
Zopa, the U.K. peer-to-peer lending company that wants to become a bank, has been awarded a bank license by the U.K.’s financial regulators, the…
Zopa, the U.K. P2P lending company, closes £60M round on path to launching…
Obtaining a banking license and then launching an actual new retail bank requires capital. A lot of capital. Enter Zopa, the U.K. peer-to-peer lending company…
Lending startup Affirm to open Pittsburgh office, with plans to hire 500…
Breaking Tech Industry news from the top sourcesAlternative lending provider Affirm is the latest tech company to look to Pittsburgh for talent,…