News

29Dec2017

Affirm Is Said to Be Raising Funding at $1.5 Billion Valuation

Affirm Inc., an online lender run by PayPal co-founder Max Levchin, is in advanced talks for a financing round that would earn it a place in the unicorn startup club.

27Dec2017

Alternative finance in rude health, finds Cambridge report

The UK online alternative finance market grew 43 per cent in 2016 to £4.6bn, according to a new report from the Cambridge Centre for Alternative Finance.

21Dec2017

MoneyMe raises A$120m for debt securitisation facility

Aussie fintech consumer lender MoneyMe has raised A$100 million in debt capital from New York-based investment manager Fortress Investment Group to help grow out its loan book.

19Dec2017

Banks are “underestimating” fintech threat, warns Bank of England

The UK’s beleaguered big banks' profitability and risk profiles may be under threat to the from disruptive fintech firms, according to the Bank of England , which adds many not fully aware of the severity of the threat.

14Dec2017

UK fintech shrugs off Brexit to set a new funding record

The first three quarters of 2017 saw £2.1bn of investment in UK fintech companies, almost double the total invested in the whole of 2016, according to consultancy Fintech Global.

12Dec2017

BNP Paribas buys 10% stake in SME credit specialist Caple

Through the alliance and a 10 per cent stake in Caple, BNP Paribas Asset Management (BNPP AM) is establishing a new platform to offer alternative credit to European SMEs.

07Dec2017

Westpac buys stake in property fintech BrickX

Westpac's venture capital arm Reinventure has invested in BrickX, a fintech that lets investors buy fractions of a house.

05Dec2017

2017 FINTECH 100

The financial services industry is facing a wave of digital disruption that is starting to reshape the sector. The Fintech 100 celebrates the top companies this bold new space: the 50 leading established players creating change within financial services, and 50 of the emerging fintech stars of tomorrow.