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Santander UK forges alt-financing partnership with Crowdfunder

Banking giant Santander’s UK operation is partnering with alternative financing site Crowdfunder to provide £200,000 to community projects through the bank’s Changemaker Fund.

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.

Aire pockets $2m for machine learning-driven credit scores

London-based credit score provider Aire has raised $2m in a new round funding. The investment was led by White Star Capital with existing backers Sunstone Capital and Accion Venture Lab also participating.

Octopus Labs announces first FinTech accelerator cohort

FinTech accelerator Octopus Labs has announced the first five startups that will join its first programme this summer.

Zoopla leverages partnerships for investment channel

UK online property marketplace Zoopla is pushing into the rapidly growing property investment space with a new peer-to-peer lending and property ISA channel.

Brolly scores seed funding to smarten up insurance

Artificial intelligence-driven InsurTech startup Brolly has raised $13,360 in a seed round of funding. The investment in the London-based startup comes from Entrepreneur First and Innovate Finance.

Nested unlocks £1.2m for fast house sales

Aiming to help users sell their houses in just 90 days, Nested in a London PropTech company that’s just landed £1.2m in its first round of financing.

Challenger bank OakNorth hits profitability in first year

Entrepreneur-focused challenger bank OakNorth is proving just how big an impact these digital-only alternatives could have on traditional banking by breaking even in its first year on the market.

AvantCredit get thumbs up from UK regulator

AvantCredit is getting the green light from UK regulators with the FCA now fully authorising the online lender.

Zoopla partners with Trussle for online mortgages

Players from the PropTech and FinTech spaces are coming closer together with a new partnership between property search portal Zoopla and online mortgage broker Trussle.

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