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Marketplace Lending

Lendio see 86% growth in loans, passes $250m milestone

Online loans marketplace Lendio reported strong growth for Q2 2016, with the value of loans facilitated through the platform increasing by 86% year on year.

Funding Societies lands Sequoia backing for South-East Asian Lending

Singaporean business-lending marketplace Funding Societies has raised S$10m ($7.4m) in a new round of funding led by the Sequoia India, the regional arm of the VC giant.

Trooly gets $10m to bridge ‘trust gap’ in P2P marketplaces

Fintech startup Trooly has raised $10m in a Series A funding round led by Bain Capital Ventures and Milliways Ventures to launch its new Instant Trust product.
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