26 May 2021

Chainsmokers’ VC fund invests in US FinTech Hearth 

Written By FinTech Alliance

Chainsmokers’ VC fund invests in US FinTech Hearth 

Hearth, a US-based FinTech company, has raised $23mn. 

In Brief:

The business offers home improvement loans which customers can qualify for in minutes. 

It enables home contractors themselves to extend financing options to perspective customers. 

The Chainsmokers’ venture capital entity, Mantis, invested in the business. 

What does this mean?

Mantis, which raised $35mn last year, has already invested in a mortgage lending company called LoanSnap as well as digital businesses like FitOn. 

Read more here. 

Up Next ...
30 July 2021

A day in the life: Olga Miler, SmartPurse

This week we caught up with Olga Miler, Co-Founder and ...

30 July 2021

Bud adds subscription management feature 

Bud has developed a new feature for its business customers ...

30 July 2021

Former Klarna execs found BNPL platform Biller 

Former senior managers from Klarna and Mollie have founded a ...

30 July 2021

Paxos raises $40mn from Bank of America, Coinbase 

Blockchain infrastructure business Paxos has added $40mn to its Series ...

More in Consumer Lending

Visa offers API for buy now, pay later 

29 July 2021

Visa is rolling out APIs for buy now, pay later ...

Apple, Goldman Sachs launch Buy Now, Pay Later product 

15 July 2021

Apple has teamed up with Goldman Sachs to launch Apple ...

Afterpay invests in UAE-based BNPL, Postpay

29 June 2021

Australian buy now, pay later firm has invested in Postpay, ...

Splitit, tabby partner for BNPL in the Middle East

28 June 2021

Splitit has partnered with tabby, a buy now, pay later ...

Articles Consumer Lending

What’s next: How consumer goods leaders envision tomorrow

27 July 2021

In partnership with The Consumer Goods Forum, PwC’s latest report examines how business leaders are...

Articles Consumer Lending

EBA consumer trends report 2020/21

01 June 2021

The report covers the retail banking products and services that fall within the EBA’s consumer prote...

Articles Consumer Lending

Consumer use of payday, auto title, and pawn loans

01 June 2021

In this research brief, we examine the prevalence, persistence of use, and alternate credit sources...

Articles Consumer Lending

Understanding the empowered borrower

01 June 2021

The majority of consumers now prefer to apply for loans online, especially young borrowers. While so...

There are no Events in this category