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Credible takes $10m for student loan marketplace

Online student loans marketplace Credible has picked up $10m in its Series B round. Regal Funds Management led the round.

Wonga hires new CFO to steer turnaround

UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.

Flender secures £500,000 on Seedrs

Social peer-to-peer (P2P) lending platform Flender has secured more than £500,000 in a equity crowdfunding campaign on Seedrs.

Loan Frame picks up $2.25m for SME lending

SME lender Loan Frame has picked up $2.25m in a seed round led by Vedanta Capital.

Funding Circle grabs $100m as its UK business hits profitability

Peer-to-peer (P2P) lending platform Funding Circle has raised $100m in a Series F round led by Accel Partners.

Auto financer Chedai grabs $52m Series B

Chinese used-car financing platform Chedai has raised ¥360m ($52m) in a Series B round led by Youjin Capital and Addor Capital.

FinTech Collective seeks $100m for second fund

New York-based venture capital firm FinTech Collective aims to raise $100m for its second FinTech-dedicated fund.

Citizen Bank partners with Fundation to offer SME loans

Citizens Bank will introduce digital lending to small business customers through a partnership with alternative lending startup Fundation.

CommLoan takes $2.25m for mortgage lending marketplace

Mortgage lending company CommLoan has picked up $2.25m in seed funding from Social Leverage and ViaWest Group.

Kreditech picks up $10.4m from Rakuten

Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.
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