Funding Circle Challenges Banks and Nears Top of UK Lenders List to SMEs It may not be a bank, but online lender Funding Circle was the 3rd largest source of loans to SMEs in the UK during Q3 2015
With a Digital Solution to Conquer Finance, SoFi Targets $30B Valuation SoFi's CEO Mike Cagney sees his firm potentially valued at $30B as it moves into more areas of financial ...
The Rivalry Myth: Big Banks and Alternative Lenders Work Together for SMEs Far from being rivals, big banks and alternative lenders are actively developing new ways to work together to serve ...
Lighter Capital Closes $9M B Round and Raises $100M to Lend to Tech Firms Lighter Capital raises $100 million, aiming to bring the best of both worlds to equity and debt financing.
Everline and Ezbob Are Latest Lenders to Tap AU10TIX for Fraud Verification Online lenders continue to see value in automated identity fraud prevention tools used for onboarding new customers.
Biz2Credit Latest Online Lender to Launch White Label Solution for Banks Although they compete, online lenders and small banks also collaborate, helping the latter find digital solutions for their customers.
Q3 Data Reveals UK P2P Lending on Track to Surpass £2 Billion for 2015 P2P lending in the UK continues to attract new borrowers in Q3 with the industry becoming a formidable competitor ...
GMO Click Enters P2P Lending with Maneo Partnership A collaboration uniting one of the globe's oldest P2P lenders with a longstanding securities broker is set to introduce ...
Kabbage Closes $135M in Financing with ING and Santander Acquiring Stakes Marketplace lender, Kabbage, adds three European banks to its list of shareholders as the firm closes $135 million in ...
Smart Data vs Big Data: Creamfinance Selling €2.5M in Bonds to Grow Portfolio After raising €5M in an equity sale to fund its future, Creamfinance is selling €2.5M in bonds to help ...
SoFi Raised $1 Billion to Challenge Banks and Other Fintech Firms for Lending Supremacy Backed by SoftBank and existing shareholders, SoFi has raised the largest private funding round within the growing fintech sector.
With Lead Generation and More in Mind, Prosper Marketplace buys BillGuard In an interesting deal that reveals the competitive nature of the P2P lending market, Prosper Marketplace is acquiring BillGuard. ...
Capital IQ Launches SME Scorecard to Boost Data on Loans to Women-Owned SME S&P Capital IQ introduces SME Scorecard data analytics to help banks loan to women-owned businesses in emerging markets
Merchant Cash and Capital Rebrands to Bizfi, Launches Marketplace Lending White Label and API Rebranding to Bizfi and launching an API and white label for partners, Merchant Cash and Capital aims to embrace ...
Bondora Opens Loans to Finnish, Spanish and Estonian Borrowers to US Investors Providing investors with higher yields compared to other European P2P lending platforms, Bondora opens to US investors.
Funding Circle Signs Up H&R Block as Partnership Revenues Growing Quickly Funding Circle adds to its growing list of business partners by signing up H&R Block to provide SME referrals
Orchard Platform Raises $30M as Marketplace Lending Continues to be On Fire Thrive Capital has led a $30 million Series B funding round for marketplace lending facilitator Orchard Platform.
Funding Circle Growth Rockets Higher as CEO Expects over £35M in Revenues After growing 121% in 2014, revenues for Funding Circle and its marketplace lending platform may be set to triple ...
Zopa has New CEO as Founder to Focus on P2P Lending Business Development Zopa COO Jaidev Janardana is being promoted by the P2P lender to become the firm's CEO with Andrew Giles ...
Fintech Spotlight: An Unsecured Debt Bubble? Or Is This Time Different? Driven by better data, marketplace lenders believe ‘this time will be different’ and they will avoid an unsecured credit ...