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Marketplace Lending

SalaryFits picks up €1.25m to connect banks to payrolls

SalaryFit has raised €1.25m in its first round of funding from Portugal 2020. The company is headquartered in Brazil but is a part of London accelerator Level 39.

Sonovate takes on £14m for contract recruitment financing

Sonovate has raised a new round of funding totaling £14m for its recruiter-financing business. The Series B round was led by Global Founders Capital.

FundThrough pockets $18.6m for invoice financing

Canadian SME financing startup FundThrough has raised $18.6m (C$24.6) in a Series B round of funding led by Scale Up Ventures.

FlexiLoans takes $15m for SMEs loans

Indian online lending platform FlexiLoans has raised $15m in a new round of funding from angel investors.

Financeit grabs $17m to fund TD Bank acquisition

Point-of-sale financing provider Financeit has raised a $17m round of funding led by The Pritzker Organization and DNS Capital.

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.

LendUp fined $3.6m for dodgy loans

Payday loans startup LendUp is being made to pay $3.6m by the Consumer Financial Protection Bureau for widespread violation of payday and instalment laws.

SocietyOne ropes in Beyond Bank for $1.5m investment

Australian peer-to-peer lending platform SocietyOne is partnering with Beyond Bank Australia.

UangTeman pulls in funding to process more micro-loans

Indonesian micro-lending firm UangTeman has raised an undisclosed pre-series A round in equity funding.
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