1.UK – AltFi
Investment platform Nutmeg raises capital via crowdfunding. Professional Adviser reports.
2. UK – SMEs
Another funding initiative. Peer2Peer Finance News reports.
3. UK – P2P
Funding Circle goes further down the institutional route.
4. US – AltFi
Newswire reports on young entrepreneur funding:
5. International – FinTech
Deal Street Asia reports:
“Indonesian peer-to-peer lending platform KoinWorks has raised 170 billion rupiah ($12.01 million) in an oversubscribed Series B round co-led by EV Growth Fund and Quona Capital. The financing was joined by the company’s existing investors, it said in a statement. Established in 2016 by co-founders Benedicto Haryono and Willy Arifin, KoinWorks’ online platform connects borrowers and lenders to provide financing for SMEs, who have largely remained underserved by traditional financial institutions. In addition to business financing and invoice financing, the startup provides borrowers with access to low-interest loans.”