Unilend swipes €2.5m for crowdlending platform
French crowdlending platform for SMEs Unilend has raised a €2.5m ($2.8m) in a new round of funding. The capital comes from NewAlpha Asset Management.
SoFi looks to raise $500m in new funding
Social Finance (SoFi) is hoping to shake off the recent slump in the online lending space and raise half a billion dollars in a new equity round, according to reports.
WeLab lands $25m credit facility for online loans
WeLab is proving that despite negative press and tough new regulations in the region, investors still see big potential in the space landing a $25m credit facility note from Dutch bank ING.
Behalf brings in $27m for small business purchasing power
New York-based Behalf has raised $27m in a Series C round of funding to continue offering purchasing power to small business.
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.
Lending Club snaps up Wall Street execs to win investor
Peer-to-peer lending firm Lending Club is bringing new senior staff on board in an attempt to once again win favour with investment banks.
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.
InCred raises $75m in the largest Indian FinTech round this year
InCred, an Indian alternative lender has raised $75m in the largest round for an Indian FinTech startup so far this year.
Chinese regulators crack down on peer-to-peer lending
Chinese authorities are cracking down on the nation’s booming peer-to-peer lending space with new regulations.
