Marketplace Lending

Jaguar Land Rover and BNP Paribas team up for mobility financing

Jaguar Land Rover and BNP Paribas have entered into a strategic partnership to enhance automotive financing solutions with services across nine European markets.

Payment solution Affirm closes $200m Series E

Payment solution Affirm has closed a $200m Series E round of funding led by GIC.

Financial wellbeing app ilumoni reels in £1.2m after beta launch

UK-based FinTech that aims to assist consumers with borrowing ilumoni raised £1.2m in an oversubscribed seed round.

MAS launches RegTech and digital schemes, commits S$42m to boost adoption

The Monetary Authority of Singapore (MAS) has introduced a RegTech grant scheme and an enhanced digital acceleration grant (DAG) program to boost tech use in the financial sector.

Indian lending platform Annapurna Finance scores Series A2 funding

Microfinance platform Annapurna Finance has reportedly raised $15m in a Series A2 round, to improve access to loans.

Possible receives $91m in a mixture of debt and equity

Possible, a mobile platform that is improving financial fairness for Americans, has closed its Series B round on $11m.

FinTech companies launch Fintech Equality Coalition to fight racial inequality

FinTech leaders have joined forces to launch the Fintech Equality Coalition to actively fight inequality within the industry and society in large.

Debt management platform Spinwheel hauls in $11m in fresh capital

Student Debt Solutions provider Spinwheel secured $11m in its first round of financing led by QED Investors with the aim to help Americans get out of debt sooner.

Barclays demands BNPL regulation to protect consumers

British bank Barclays has called for more regulation around buy now, pay later products (BNPL) after research revealed a lack of consistent affordability assessments.
Korea-Credit-Data-raises-funding-for-SME-finance

Korea Credit Data bags $24.7m to serve SMEs

Korea Credit Data (KCD), which provides business management services to self-employed and small business owners nationwide, has raised $24.7m in an extension of its Series D round.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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