Funding Circle included in ESG index
Marketplace lender Funding Circle has been included in the FTSE4Good Index, which filters listed firms that its says demonstrate the “highest standards of corporate governance and sustainability”.
Goldman Sachs boosts foothold in consumer credit market via P2P lenders
The US investment bank this month invested an undisclosed amount into Swedish P2P lender Brocc, and in July struck a £200m funding line with Lendable.
P2P Global Investments sells largest position for €250m
The £1bn P2P Global Investments has sold one of its largest positions, in Castlehaven Finance, an Irish alternative development and bridging finance lender.
Swedish lender Brocc lands Goldman Sachs funding
Swedish start-up Brocc has raised funding from Goldman Sachs, which the peer-to-peer consumer lender will use to boost loans.
Lendable launches Luxembourg fund with Credit Suisse
Lendable has launched its first Luxembourg-based fund initially providing up to £225m of financing into the UK consumer market.
PayPal-backed money lender Tala raises $110M to enter India
Tala, a Santa Monica, Calif.-headquartered startup that creates a credit profile to provide uncollateralized loans to millions of people in emerging markets, has raised $110 million in a new financing round to enter India’s burgeoning fintech space.
LendInvest secures £200m investment from the National Australia Bank
Fintech lender LendInvest has received £200m investment from one of Australia’s largest banks: the National Australia Bank (NAB).
Credible Sells Majority Stake to Fox Corporation for $265 Million
Lending marketplace, Credible Labs, has reached a deal to sell 67% of the company to media giant Fox Corporation.