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 towards products touching users in the United States, but an increasing number of startups are looking to tap opportunities in developing nations where existing centralized financial […]

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’s would qualify them. The system has become complex and confusing, causing people to never make it onto the housing ladder at all. This is in contrast to the mortgage industry, which is leaving these people […]

UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

Small and medium businesses regularly face cashflow problems. But if that’s an already-inconvenient predicament, it has been exacerbated to the breaking point for too many during the Covid-19 pandemic. Now, a UK startup called MarketFinance — which has built a loans platform to help SMBs stay afloat through those leaner times — is announcing a […]

Lessons from COVID: Flexible funding is a must for alternative lenders

Alternative lending is any lending that occurs outside of a conventional financial institution. These lenders offer different types of loans such as lines of credit, microloans and equipment financing.

Octane raises $52M at a $900M+ valuation to help people finance large recreational purchases

Most of the time when people get loans, it’s for big life purchases such as a house or a car. But not every big purchase is a necessity. Some are more for fun, and the financing options for those types of buys — such as motorcycles and ATVs — are more limited. Today, Octane Lending, […]