New £30m fintech venture fund nears close
Assembly Capital Partners is closing in on a £30m raise to invest in fintech firms globally, with a focus on B2B technologies and a particular love for insurtech.
Zopa, the UK P2P lending company, closes £60M round on path to launching a bank
Obtaining a banking license and then launching an actual new retail bank requires capital. A lot of capital.
Intuit partners with LendingClub and Wealthfront
Financial software provider Intuit has announced a partnership with marketplace lender LendingClub and robo-advisor Wealthfront. The collaborations are to enhance the first contact stage for both platform’s customers.
Monzo enters unicorn stable with £85m fundraise
The UK has gained yet another digital banking unicorn, with Monzo this morning announcing an £85m fundraise.
PayPal Invests In Emerging Markets Lending App Tala
Tala, the consumer lending app in emerging markets, announced a strategic investment from PayPal.
HSBC U.S. Partners With Web-Based Avant to Offer Personal Loans
The personal lending boom continues: HSBC Holdings Plc is teaming up with Avant Inc., a closely held online lender, to offer unsecured loans to new and existing customers.
Fellow Finance goes public
Finnish peer-to-peer lender Fellow Finance is now executing its initial public offering (IPO). Having discussed its plans for the IPO at the end of September, the company is going public now.
$500m fintech fund launches in Europe
Corviglia Capital is the product of collaboration between two former financial institutional managers, Petr Šmída and Cezary Smorszczewski.
Exclusive: P2P lending outperforms 90% of bond & property funds
More than 90 per cent of UK funds investing in bond and direct property have underperformed the UK P2P lending market over the past three years, according to exclusive research from AltFi.