The UK online lender was launched with a focus on secured aviation lending and has expanded to other types of transactions including secured capital equipment and property lending; it says the authorization will help it to expand and further concentrate efforts on its technological development; the firm has reported an 850% increase in loan volume in the last year; the firm has plans to launch in Australia and also expand to other regions. Source
Random
Europe
CB Insights reports on two of Europe's top markets for fintech investment, the UK and Germany; the UK is reporting significant early-stage investment in personal banking platforms and insurtech with insurtech also a top investment in Germany; year-to-date, European fintech companies have raised approximately $2.6 billion with early stage fintech financing in the UK at $202 million and Germany reporting financing of $83 million. Source
