Read More28 Oct 16
Fintech continues to be one of the most exciting and well-funded spaces in tech. Potentially huge profits are attracting startups and investors to take on banks and major financial institutions. From currency conversions to lending there’s a whole range of startups trying to outcompete the banks by offering online products with clean interfaces. Data analytics and machine learning are a staple of many, if not all, of these companies with most forgoing more traditional means of assessing...
Read More26 Oct 16
Lendio, a US-based marketplace for small business loans, has scored USD20m in funding Comcast Ventures, Stereo Capital, Napier Park, Blumberg Capital, Tribeca Venture Partners and North Hill Ventures. Lendio intends to use the funds to accelerate growth.
Read More10 Oct 16
South Africa-based online lending platform Lulalend has gained funding led by Accion Venture Lab with participation from Newid Capital and Hallmann Holding International Investment. Lulalend intends to use the funds to expand the team and further develop its offering.
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