ID Finance pockets $50m to expand into Latin America
Emerging markets-focused credit scoring and lending startup ID Finance is has raised $50m in debt funding to expand across Latin America.
Float grabs $3m for millennial credit lending
Credit line lender Float has raised $3m in what it’s calling an angel round from investors include Camp One Ventures, Funders Club and 500 Startups.
BorrowersFirst secures another $100m to power loan growth
Texas-based online lender BorrowersFirst has secured $100m in debt financing to accelerate loan originations and grow its balance sheet.
Credible takes $10m for student loan marketplace
Online student loans marketplace Credible has picked up $10m in its Series B round. Regal Funds Management led the round.
Wonga hires new CFO to steer turnaround
UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.
Kreditech picks up $10.4m from Rakuten
Lending and credit history startup Kreditech has picked up $10.4m in a strategic from Japanese e-commerce and web giant Rakuten.
ApplePie secures $16.5m Series B and $180m loan purchase deal
ApplePie Capital has raised $16.5m in a Series B round. The new funding coincides with the announcement of a $180m loan purchase agreement with TowerBrook Capital.
Lendio picks up $20m round after lending grows 93%
Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.
Lendingkart acqui-hires personal loans startup KountMoney
Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.
Affirm nabs $100m credit facility from Morgan Stanley
Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.
