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Deal Updates

Santander UK forges alt-financing partnership with Crowdfunder

Banking giant Santander’s UK operation is partnering with alternative financing site Crowdfunder to provide £200,000 to community projects through the bank’s Changemaker Fund.

Smava scoops up $34m for online loans marketplace

Berlin-based lending marketplace Smava has raised $34m in a Series C round of funding. The investment was led by Runa Capital.

iwoca scores £21m to lend to more European SMEs

SME lender iwoca has raised £21m in a Series C round led by Prime Ventures. Funding also comes from existing backers.

French peer-to-peer payments app Lydia picks up $7.8m

The capital comes from NewAlpha Asset Management and Oddo & Cie and takes the total raised by the Paris-based company to more than $13m.

Aire pockets $2m for machine learning-driven credit scores

London-based credit score provider Aire has raised $2m in a new round funding. The investment was led by White Star Capital with existing backers Sunstone Capital and Accion Venture Lab also participating.

WealthForge looks for $2.5m through convertible note offering

Private fundraising technology provider WealthForge is planning to take on another $2.5m in capital through a convertible note offering.

St. Louis VC Cultivation Capital takes $20m for FinTech fund

Cultivation Capital has raised $20.5m for its new FinTech-dedicated fund, according to an SEC filing.

Remitly grabs $38m to expand US remittance service

US remittances service Remitly has secured $38m in a new round of funding. The Seattle-based company offers mobile P2P remittances from the US and Canada.

Open-source blockchain Antshares nabs $4.5m

Chinese open-source blockchain startup Antshares has raised $4.5m in its initial coin offering to complete the development of its blockchain platform.

IG Group buys exchange market research portal DailyFX for $40m

Online trading platform IG Group is acquiring news and research portal DailyFX from foreign exchange market broker FXCM.

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