Non-bank competitors

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/Non-bank competitors

Online lender BlueVine closes $49m Series D round

BlueVine, a leading online provider of everyday financing to small businesses, announced today it has closed $49 million in funding.

/Non-bank competitors

ECrowd! raises more than €300K in second round of funding

The debt crowdfunding - also known as crowdlending- platform ECrowd!, specializing in sustainable investments, has closed an investment round of € 307,900 through the online investment platform Crowdcube (equity crowdfunding).

/Non-bank competitors

Prosper Marketplace CEO Aaron Vermut quits

Prosper Marketplace, a leading online marketplace for consumer credit, today announced that the company’s board of directors has named David Kimball Chief Executive Officer.

/Non-bank competitors

Prosper Marketplace kicks off photo contest

Today, Prosper Marketplace kicks-off the #MyProsperStory 2016 Photo Contest. Now through November 15th, borrowers through Prosper are invited to show the world “what it looks like to be on top of your finances.”

/Non-bank competitors

Walmart enters Mexican remittance markets with MoneyGram

MoneyGram (MGI) announced today a new cross border money transfer product for Walmart customers sending from any U.S. Walmart location to any Walmart Mexico location.

/Non-bank competitors

Bizfi names John Donovan CEO

Bizfi, a leading fintech company with a platform that combines aggregation, funding and a marketplace for small businesses, announced its board of directors has appointed John Donovan as the Company’s chief executive officer (CEO).

/Non-bank competitors

Katipult partners Mangopay to bring P2P lending platform to the UK

Katipult is pleased to announce its partnership with Mangopay to bring a disruptive lending solution to the UK market.

/Non-bank competitors

Morgan Stanley lends fintech lender Affirm $100m

Affirm, Inc., the company started by PayPal co-founder Max Levchin to deliver consumers honest financial products, today announced that it has obtained a $100 million lending facility from Morgan Stanley (NYSE: MS).

/Non-bank competitors

Aurora Exchange enlists Maiden Life and Mangopay for P2P lending platform

Aurora Exchange, a consumer loans exchange for responsible borrowers announced two major partnerships that pave way for bringing transparent and cost efficient consumer lending to the European market.

/Non-bank competitors

Vault Circle gets Ontario Securities Commission approval

Canadian financial technology company Lendified Holdings Inc. and its subsidiary and direct lender, Lendified Inc. announced today that their subsidiary Vault Circle Inc. has received an exempt market dealer license from the Ontario Securities Commission (OSC) for its investment business.

/Non-bank competitors

Online lender AvantCredit scores FCA authorisation

AvantCredit announced today, that with effect from 5th September, it is now fully authorised by the Financial Conduct Authority (FCA).

/Non-bank competitors

SoFi launches employee benefit programme to reduce student debt

SoFi announced today the creation of SoFi at Work, a benefit program for companies to help their employees reduce their student loan burden and build financial wellness.

/Non-bank competitors

Crowdcube raises over £8 million in growth capital

More than 3,700 crowd investors, alongside prominent venture capital firm Balderton Capital, have collectively invested over £8 million in growth capital for Crowdcube, the UK’s leading equity crowdfunding platform.

/Non-bank competitors

Alternative lender FundX hires Phil Foweraker as biz development manager

Alternative lending fintech, FundX, has announced the appointment of a new Business Development Manager chosen specifically for his expertise in finance broking, in recognition of the growing importance of fintech lenders partnering with finance brokers.

/Non-bank competitors

Lending Club loses CFO; posts loss

Lending Club (LC), the world's largest online marketplace connecting borrowers and investors, today announced a series of leadership changes.

/Non-bank competitors

African banks losing their share of payment space - report

Traditional banks are poised to lose as much as 50% of their ownership of the payment space by the end of 2016.

/Non-bank competitors

Subprime online lender Elevate scores increased credit facility

Elevate, a leading provider of innovative online credit solutions for non-prime consumers, today announced it has increased its credit facility with Victory Park Capital (VPC), a privately held registered investment advisor dedicated to alternative investing, by an additional $100 million to a total of $545 million.

/Non-bank competitors

Bank of Baroda partners with 7 fintech companies

Bank of Baroda, India’s leading public sector bank, has announced tie-ups with 7 fintech companies.

/Non-bank competitors

Online retirement planning startup Guideline closes $7m Series A round

Guideline, the startup that's revolutionizing online retirement planning, announced today that it has completed a $7 million Series A round of financing. Propel Venture Partners led the investment round, with participation by existing investors, including NEA and Lerer Hippeau Ventures.

/Non-bank competitors

Zopa names Ronen Benchetrit CTO

The UK’s largest peer-to-peer lending service Zopa, has today announced that Ronen Benchetrit will become the company’s new Chief Technology Officer (CTO) in a strategic hire for the fintech business.