Bob Banks offers one of the oldest excuses in the book for why, after a successful career in real estate investing, he continues to tap into the business world at 74. “I failed miserably at retirement,” he says. But Banks, CEO of Belleair Bluffs-based Seminole Financial Services, is hugely successful in an unusual niche: reshaping …

Capital Float, the fintech startup that claims to be India’s largest online lender, today announced it has raised $ 22 million in new funding from Amazon. Late last year, reports surfaced that Amazon was considering an investment in Capital Float as an extension of its $ 45 million Series C, announced last August. The Bangalore-based …

NEW DELHI: P2P lending company Faircent.com will soon open its API platform for developers. The move will allow new fintech entrants and offline businesses to leverage the company’s technology infrastructure to create new digital lending products, as well as integrate existing solutions into their offerings. “As the latest developments in digital and social technologies have …

The company plans to use the funding to upgrade its technology platform Bengaluru-based microcredit company SmartCoin Raised $ 2 Million in Pre-Series A Funding Round run by an undisclosed Chinese venture capital fund. Other participants in the cycle include Accion Venture Lab, US-based Unicorn India Ventures, and ISME ACE, a Mumbai-based FinTech accelerator. The company …

BENGALURU: Online lending startup Avail Finance has raised $ 17.2 million (around Rs 112 crore) in a Series A round from investors led by venture capital firm Matrix Partners. Ankit Bhatia and Bhavish Aggarwal from Ola, FreeCharge Founder Kunal Shah, Flipkart Co-Founder Binny Bansal and Mswipe Manish Patel Founder also participated in the round. The …

NEW DELHI: Jaipur-based Finova Capital, an NBFC lending to small businesses and service providers in small towns and rural areas, has raised $ 6 million from Sequoia India. The lender will use the funds raised to expand operations, invest in technology and acquire talent. The company had raised Series A from Sequoia India at the …

Alternative loansSavings and investment Lendingblock co-founder Steve Swain talks to AltFi about his plans for the exchange. Lendingblock co-founder Steve Swain (pictured) talks to AltFi about his plans for the exchange. Many of the hottest companies in the blockchain and cryptocurrency world are ‘choice and shovel’ companies – those that are concerned with supporting the …

CARSON CITY – Greater Nevada Credit Union recently launched a wholly-owned commercial lending subsidiary called Greater Commercial Lending, the credit union announced on January 8. Wally Murray, President / CEO of GNCU, will also be President / CEO of the new company. Jeremy Gilpin, previously Vice President of Commercial Services at GNCU, will be Executive …

Greater Nevada Forms New Commercial Loan Company Jeremy Gilpin appointed Executive Vice President Greater Nevada Credit Union (GNCU) announces the recent launch of a new wholly owned commercial lending subsidiary called Greater Commercial Lending. Wally Murray, President / CEO of GNCU, will also be President / CEO of the new company. Jeremy Gilpin, previously Vice …

With BCCL by its side, the online loan portal aims to improve its brand image and recognition Bennett Coleman and Co Ltd (BCCL) acquired stakes in the online lending platform FinREQ. With this, FinREQ will now focus on improving the transaction flow with better brand recognition and better market knowledge in India. Speaking of the …