Tag: peer-to-peer P2P
UAE fintech Yuze bags $30m funding to propel expansion into new markets
Here is a summary of the key points about UAE-based fintech start-up Yuze securing a $30 million investment:Investment Details: Yuze, a fintech start-up...
Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital
Key Points:Investment Details:Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen Street Capital.
Headquartered in Vilnius,...
Dutch lender BridgeFund taps Mambu for core banking upgrade
BridgeFund Selects Mambu's Cloud Banking PlatformOverview:Amsterdam-based BridgeFund partners with Mambu to scale its SME lending operations.Objectives:Replace BridgeFund’s in-house-built core banking...
ICYMI fintech funding round-up: Landytech, Frich Money, Swiipr and more
CBi Group Funding:Secured $15 million in Series A funding led by Alpol Capital Family Office.
Funds to enhance R&D, focusing on AI...
US CFPB sues SoLo Funds for allegedly “deceiving borrowers about the total cost of loans”
Overview:Entity Involved: US Consumer Financial Protection Bureau (CFPB).
Target: SoLo Funds, a peer-to-peer (P2P) lending platform.
Allegation: Deceiving borrowers about the total cost...
French fintech Lydia launches digital banking app Sumeria
Company Overview:French fintech start-up Lydia.
Originally launched in 2013 as a P2P payments app.
Currently serves 8 million users in France, Spain,...