Marketplace Lending

Global banks to benefit from Finastra and CredAble's integrated supply chain finance platform

Global banks to benefit from Finastra and CredAble’s integrated supply chain finance platform

Finastra, a leader in financial software applications and marketplaces, has teamed up with CredAble, a specialist in working capital finance solutions.
Aven hits unicorn status with $142m funding for home equity credit solutions

Aven hits unicorn status with $142m funding for home equity credit solutions

Aven, a cutting-edge FinTech company, has successfully closed its Series D funding round, amassing a notable $142m.
Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech startup OCN raises $86m to expand car rental services for gig workers

Mexican FinTech OCN, formerly known as OneCarNow, has successfully secured $86m in a Series A funding round, according to a report form Bloomberg.
CreditLogic secures €3.5m to boost European expansion

CreditLogic secures €3.5m to boost European expansion

CreditLogic, the Dublin-headquartered FinTech company specialising in lending-as-a-service, has successfully raised €3.5m to propel its expansion across Europe.
Rent2Cash secures €3m in groundbreaking pre-seed funding for rental contract securitization

Rent2Cash secures €3m in groundbreaking pre-seed funding for rental contract securitization

Rent2Cash, the pioneering Italian startup, has successfully closed a pre-seed funding round, securing €3m.
OBOS Bank and Tietoevry Banking enhance digital lending with new automated loan process

OBOS Bank and Tietoevry Banking enhance digital lending with new automated loan process

OBOS Bank, a digital everyday bank headquartered in Norway, has partnered with Tietoevry Banking is a provider of financial SaaS solutions in the Nordics. 
Hometap secures $217m in groundbreaking home equity securitization

Hometap secures $217m in groundbreaking home equity securitization

Hometap, a FinTech leader based in Boston, has proudly announced its first successful securitization, named HTAP 2024-1.
Mexican FinTech startup Ximple secures $2.7m to revolutionize credit access

Mexican FinTech startup Ximple secures $2.7m to revolutionize credit access

Ximple, a pioneering digital credit distribution firm, has successfully garnered $2.7m in a recent funding round.
HSBC leads $250m private loan in Hong Kong FinTech FundPark

HSBC leads $250m private loan in Hong Kong FinTech FundPark

Hong Kong-based FinTech company, FundPark, has secured a $250m private loan led by HSBC.
Accord Financial secures $100m in new funding to propel growth

Accord Financial secures $100m in new funding to propel growth

Accord Financial, a prominent North American commercial finance company, announced today the establishment of two new strategic funding facilities aimed at bolstering its small business and media financing arms.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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