M2P FinTech Raises $35M in Funding at $335M Valuation

European regulators are targeting lenders as they look to protect consumers from excessive debt. In various guises across the continent, borrowing is on the rise. For example, earlier this month the Bank of England reported that British consumers borrowed an additional 1.5 billion pounds ($1.8 billion) in consumer credit — driven by an additional 1.2 billion pounds in credit card borrowing — above the 0.7 billion pounds borrowed in October.