SoFi ploughs ahead with consumer loan securitisation

SoFi – the financial services provider for millennials – has closed a $380m securitisation of consumer loans.


Kabbage partners with Scotiabank to provide small business loans

Small business lending platform Kabbage announced a partnership with Scotiabank today to make it easier for residents of Canada and Mexico to take out small business loans of up to $100,000 in minutes.


China is the Biggest Market in Fintech

China is the biggest market in fintech but the world just doesn’t know it yet. It is true, take a look at the chart belowe.


Liberty SBF secures $75m in B round fund raising

Commercial property lending firm Liberty SBF has secured $75m in its latest Series B round of funding and expands relationship with Capital One.


UK P2P platform bosses fear Brexit would drain talent pool

The UK’s small businesses are already showing signs of nerves. Business loan comparison website came out with research last week which revealed that the impending referendum has already impacted business investment decisions for 40% of UK SMEs.


UK alternative finance industry originate £282.1m in May

The number represented growth from April figures, but decline from record £340 m in March.


zipMoney raises A$20.6m, eyes acquisition

Australian point-of-sale credit and payments provider zipMoney has raised A$20.6m in a share placement.


Eiffel launches €100m fund for P2P lending

Eiffel eCapital has launched a new investment fund with the backing of several major insurance companies.


CreditEase Makes First Investment on Avant and Prosper

Leading Chinese Platform CreditEase Makes First Investment on Avant and Prosper.


Kikka Capital Partners With FlexiGroup

FlexiGroup has taken a minority stake in Australian small business lender Kikka Capital.


Wells Fargo Enters Small Business Lending With FastFlex

The big banks are getting into online lending and Wells Fargo is one of the first with small business lending.


Blue Elephant to Resume Prosper Loan Purchases

Specialist investment fund Blue Elephant starts buying up Prosper loans again after a temporary pause in the programme.


Saxo Bank Lands White Label Agreement with Lufax

China’s largest peer-to-peer lending platform Lufax has today announced a new white label partnership with Saxo Bank – a global firm that offers online trading services to retail investors.