Yirendai Ltd. (NYSE: YRD) (“Yirendai” or the “Company”), a leading fintech company in China, announced on Thursday the release of its unaudited financial results for the quarter and full year ended December 31, 2017.
Augmentum Fintech, a new closed-ended investment company that will invest in private financial services technology businesses in the UK and Europe, has raised a total of £94m for its IPO.
The digital bank’s beta is soaring as it adds another category for users, partnering with Scalable Capital, Wealthsimple and Zopa among others.
Belgian bank BNP Paribas Fortis has announced it will be integrating tech from Swedish firm Tink to power its mobile banking applications.
Equity investments into P2P and marketplace lending platforms rose to a new high in 2017, according to consultancy Fintech Global.
French fintech Lydia has announced it is raising a €13m ($16.1m) fundraising round, led by CNP Assurances and backed by existing investors XAnge, New Alpha AM, Oddo BHF and Groupe Duval.
European bank BNP Paribas is launching a fintech investment fund for innovative start-ups, managed by BNP Paribas Capital Partners, an arm of BNP Paribas Asset Management.
Bank ING Diba acquires p2p lending marketplace Lendico. According to Finanz-Szene.de the transaction was reported to the German Federal Cartel Authority last week. The bank has confirmed the acquisition.
Goldman Sachs Group Inc. is in discussions to acquire personal-finance startup Clarity Money, with plans to fold it into its Marcus online lender, according to people familiar with the matter.