1.UK – P2P
P2P Finance News reports:
“PROPERTY investment firm Cogress has launched an Innovative Finance ISA (IFISA), offering returns of up to 7.5 per cent.
The firm is launching three IFISA-eligible bonds, which are invested into property development projects across the UK. The bonds have a minimum investment of £5,000 and offer rates of between five per cent and 7.5 per cent, depending on the investment term.”
2. UK – AltFi
An alternative lending fund in wind-down offers a special dividend.
ALTERNATIVE lending fund RDL Realisation is set to announce a special dividend after receiving full repayment of its vehicle service contract (VSC) loans.
The $27.9m (£22.9m) refinancing deal is part of the ongoing wind-down of RDL’s portfolio.
3. UK – AltFi
4. International - FinTech
Online payments giant Klarna has scooped up another $460m in an equity funding round led by Dragoneer, which values the fintech firm at $5.5bn.
Other investors included Commonwealth Bank of Australia, HMI Capital, Starling Bank investor Merian Chrysalis, Forsta AP-Fonden, IPGL, Institutional Venture Partners and several funds managed by Blackrock.
5. International – FinTech
Crowdfund Insider on a major raise.