Credit Scoring

Esusu extends seed round with another $2.3m

Katapult Accelerator almuni Esusu has bagged $2.3m in a seed extension round, bringing the total raised in this round to $4m.

Blacksoil Capital bags $3.4m as it pivots its focus because of Covid19

Credit platform Blacksoil Capital has secured $3.4m from more than 60 investors who injected the cash through non-convertible debenture placements.

CredoLab bags $7m in Series A round led by GBG

Digital risk company CredoLab has secured $7m in a Series A round led by global identity data intelligence company GBG.

FPL Technologies said to raise $10m for its Series A round

India-based FPL Technologies has reportedly bagged $10m in its Series A funding round to support the wider distribution of its credit card.

American Express acquires small business loans FinTech Kabbage

American Express has acquired small business loan platform Kabbage in a deal that will see the payment giant gobble up the Covid-19 beleaguered FinTech's team, solutions and IP.

Square is testing short-term small loans through its Cash App.

Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.

Curve makes bid for £10m grant from the BCR Capability and Innovation Fund

UK FinTech Curve has made a bid for a £10m grant in order to upgrade SME financing during the pandemic.

Eduvanz bags $3m in new investment round

Student loan startup Eduvanz has secured $3m in a Series A round led by Sequoia's SCI Investment VI fund.

Venio launches its credit app in the Philippines

New York-headquartered Venio has begun offering easy-to-access credit facilities to unbanked consumers in the Philippines.

Teller closes $1m in its seed round as it hopes to build the first...

Teller, a blockchain infrastructure for distributed lending, has secured $1m in its seed round, which was led by Framework Ventures.

News Stories

Agentcard secures $8m to let AI agents shop online

Agentcard secures $8m to let AI agents shop online

Agentcard, a payments firm that lets AI agents make purchases using their users’ own cards, has closed an $8m seed funding round to help...
Databento hits $1.1bn valuation with $100m Series C

Databento hits $1.1bn valuation with $100m Series C

Databento, a platform supplying market data to the modern financial industry, has secured $100m in a Series C round that values the business at...
Optalitix brings agentic AI to insurance pricing

Optalitix brings agentic AI to insurance pricing

Optalitix, the InsurTech firm specialising in pricing and underwriting, has rolled out agentic AI functionality within its Optalitix Quote platform. The move allows carriers...
GreenieRE picks INTX Re to tighten reinsurance data control

GreenieRE picks INTX Re to tighten reinsurance data control

GreenieRE, a reinsurer focused on supporting clean energy, has chosen INTX Re, the assumed reinsurance platform from INTX Insurance Software, to improve how it...
Crown Agents Bank taps ALMIS to tame interest rate exposure

Crown Agents Bank taps ALMIS to tame interest rate exposure

Crown Agents Bank has sharply lowered its sensitivity to interest rate movements after launching a multi-currency swap hedging programme with treasury technology provider ALMIS...

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