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.
Obtaining a banking license and then launching an actual new retail bank requires capital. A lot of capital.
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.
The UK has gained yet another digital banking unicorn, with Monzo this morning announcing an £85m fundraise.
Tala, the consumer lending app in emerging markets, announced a strategic investment from PayPal.
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.
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.
Corviglia Capital is the product of collaboration between two former financial institutional managers, Petr Šmída and Cezary Smorszczewski.
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.