Nesto acquires CMLS Group to pioneer Canada’s future mortgage ecosystem
Nesto, Canada’s leading digital mortgage lender, today announced its acquisition of CMLS Group, the third-largest mortgage finance company in Canada. The deal merges two significant entities to craft the future of Canada's mortgage landscape.
Braavo Capital bags $5m to accelerate growth in subscription app market
Braavo Capital, the leading financing partner for consumer subscription apps, has successfully closed a $5m Series B funding round.
Finastra and Newgen Software team up to transform lending processes
Newgen Software, a global provider of low-code platform solutions, has announced a strategic partnership with Finastra, a global provider of financial software applications, to jointly offer best-in-class banking solutions and expand their market base.
Experian and TRIVER join forces to streamline SME funding approval
TRIVER and Experian have entered into a partnership aimed at enhancing lending to small and medium-sized businesses (SMEs).
Osome secures $17m to enhance SMB finance solutions
Osome, a prominent finance admin platform for founders and small and medium-sized businesses (SMBs), has successfully closed its Series B funding round, securing over $17m in capital.
Niro’s expansion fuelled by $4.3m investment from Marui Group and others
Niro, a Bengaluru-based FinTech startup, has raised $4.3m in a pre-Series B funding round, with contributions from the notable Japanese retailer, the Marui Group, among other existing backers.
Annapurna Finance secures $75m investment from Piramal Alternatives to boost microfinance
Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of USD 75 million (INR 600 crores) in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance.
iwoca secures £270m from Citi and Barclays to boost SME lending
iwoca, a prominent FinTech company, has announced a significant new funding round, securing £270m in debt financing from major financial players Citi and Barclays.
PNC & TCW forge new path in private credit solutions
The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Lendbuzz partners with Mizuho to secure $100m for innovative vehicle financing
Lendbuzz, which specialises in improving access to credit for consumers purchasing vehicles, has secured a $100m warehouse facility with Mizuho Americas.