Here’s additional funding for a European financial technology company specializing in online lending. German Smava – a peer-to-peer lending platform where investors provide the funds to lend money to borrowers – has raised $ 16 million in funding led by Phenomen Ventures, with existing investors Earlybird and Neuhaus Partners. Phenomen’s track record in FinTech investing …

So here’s the deal: you are a lender. You see millions of bright, hard-working people joining the middle classes in developing countries. They want credit, but they can’t get it. So you send them money over the Internet. You have never met them. They never met you and never will. And, on the other side …