Online Loans

LoanTap grabs $3m to lend to professionals

LoanTap, a Mumbai-based online lender, has raised $3m in a Series A round. The capital comes from angel investors.

Online lending group grabs Wall Street lobbyist

Online lenders are growing their presence in Washington with the hire of lobbyist Nat Hoopes to lead the Marketplace Lenders Association.

SelfScore pockets $7.1m to serve international students

SelfScore, a financial services startups for international students, has raised $7.1m in a new round of funding led by Pelion Venture Partners.

LendUp raises $47.5m to expand credit card offering

Online lending and credit startup LendUp has raised $47.5m in a Series C round led by Y Combinator’s Continuity growth fund.

Clara grabs $27m for mortgage lending

California-based mortgage lender Clara has raised $27m in a round of venture funding led by Redpoint Ventures and Venrock.

Lendified grabs $20m credit facility to fund small businesses loans

Canadian small-business lender Lendified has secured senior debt for a new credit facility of up to $20m to underwrite loans.

Avant secures $255m and $392m deals for online loans

Online lender Avant is unveiling a $255m asset-backed securitisation deal with investment banks, as well as a renewal of its $392m warehouse facility deal

SoFi settles lawsuit with $2.4m fine

Online lender SoFi (Social Finance) is settling a class-action lawsuit by paying a $2.4m fine.

Finova racks up $52.5m in VC-backed financing round

FinTech startup Finova Financial, which runs an auto title lending platform, has raised $52.5m in debt and equity from venture capital and other investors.

CUneXus grabs $5m for lending automation

CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.

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