loans

LoanDepot says about 17M customers had personal data and Social Security numbers stolen during cyberattack

Almost 17 million LoanDepot customers had sensitive personal information, including Social Security numbers, stolen in a January ransomware attack, the company has confirmed. The loan and mortgage gia

Fynn raises $36M for a platform to finance students in vocational education

When people think of the funding crisis in further education, thoughts normally turn to the rising price of a typical four-year college degree. But that’s not the only financial gap that exists:

Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform

After a slow start in the U.K. and Europe, open banking is catching on with fintechs, which are using APIs to access banking data and rails and using them as an alternative to traditional credit netwo

Gynger launches out of stealth to loan companies cash for software

Software spend is becoming a prime target for cuts as it grows into a larger line item in enterprises’ budgets. According to one recent report, customers are putting 53% more toward software-as-

Why debt raises might make sense in a down economy

Debt, or loans, get a bad rap where they concern startups. But they aren't always a bad financing vehicle, particularly when other forms of capital are constrained.

Able.ai exits stealth with $20M to help big lenders speed up making high-value loans

Large banks are stepping up their game when it comes to new services and the technology that underpins them, and in many cases they are borrowing straight from the tech world’s playbook: Instead

Viola Credit closes $700M fund to provide asset-based lending to fintech startups

Fintech startup and alternative credit asset manager Viola Credit has closed its latest $700 million fund, which provides asset-based lending capital to fintech, proptech and insurtech startups. If t

Revenue-based financing platform Bloom secures $377M Series A led by Credo and Fortress

While the likes of Pipe are reaching multi-billion valuations, European revenue-based financing is experiencing as much of a boom as it is in the U.S. U.K.-based startup platform Bloom has now secured

Keep Financial raises $9M led by a16z to help employers offer forgivable loans as a retention tool

Employee churn is one of the biggest challenges facing organizations working in competitive environments. Today a startup is launching with a new product to add to the artillery of tools that HR peopl

Robinhood to let users lend out their shares in its attempt to diversify revenue

Trading platform Robinhood is launching a feature that will allow its users to lend out their stocks in hopes of earning passive, recurring income from borrowers, the company announced today. Robinhoo

Vontive wants to be the Palantir of real estate investing

The U.S. residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly lucrative for those wh

London-based SteadyPay helps freelancers and gig workers stabilize their income

The “gig economy” gave rise to a set of startups focused on meeting the needs of freelance and self-employed workers, from labor marketplaces Upwork and Fiverr to client management tools l

Groundfloor steps up its real estate debt crowdfunding platform with fresh capital

Crowdfunding has become an increasingly popular way for companies to raise capital, and investors are taking notice. Groundfloor, the first real estate crowdfunding platform to gain regulatory approva

Selina raises $150M to dish out flexible loans that leverage home equity

For many of us, our home is by far our biggest asset, and in the world of fintech, that’s led to a logical extension: when you need money, borrow against that biggest asset. Today, a London fint

Goldfinch raises $25M from a16z to power its DeFi lending protocol for borrowers in developing countries

For all of the excitement pulsing through the so-called web3 space in the past year, most of the heartiest sums of investor dollars have seemed to find their way toward products touching users in the

Quo.com raises $7.2M seed round led by SignalFire to broaden access to mortgages

Almost three million Americans a year are denied a mortgage. Most don’t even know where to start or understand what would qualify them. The system has become complex and confusing, causing peopl

South Africa’s NFTfi raises $5M so people can use their NFTs as collateral for loans

Once regarded as a fad (for some, it still is), NFTs, digital assets that depict real-world objects, are becoming increasingly popular within and outside the crypto world. But with large amounts of ca

Debt-as-a-service provider Sivo wants to power the next generation of lending startups

Sivo wants to do for debt what Stripe did for payments: Make it as easy to access a debt facility as plugging into an API.

Once focused on mortgage banking, Blend is now going after the broader fintech market

Since it was founded in 2012, Blend has signed up some of the biggest banks in the country. Now, it’s setting its sights on the startup and fintech market, hoping to power fast-growing digital lende

Nigeria’s lender Payhippo raises $3 million in seed funding to extend quick loans to SMEs

Nigeria’s lending startup Payhippo has raised $3 million in a seed round, funding the company plans to use in sourcing the talent needed to optimize its technology as it ramps up effort to extend sp
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