Stash, a New York startup bidding to bring app-based investing to the masses, has raised $40 million in a Series C funding round led by Coatue Management.
Revolut's transformation from a money transfer app to a full-scale bank is picking up pace as the UK fintech firm launches a business platform for British and European companies to manage international payments, payroll and corporate travel.
Amazon's advance on bank lending operations is picking up steam as the online mall releases figures showing that it lent more than $1 billion to small businesses in the last 12 months.
Robo-advisor Wealthfront is moving into lending, enabling customers to borrow against their investment accounts.
A survey of small business credit published by the Federal Reserve Bank of New York has revealed that online lenders are less popular with small and medium enterprises (SMEs) than big banks.
The UK's Financial Conduct Authority (FCA) has called for an international regulatory framework to be applied to fintech startups in order to prevent a 'Wild West' approach to governance of the sector.
A year after being forced out of Lending Club, the firm's founder Renaud Laplanche is back with a new online lending platform and $60 million in financing.