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iwoca secures £250m facility to boost UK SME lending

iwoca secures £250m facility to boost UK SME lending

iwoca, one of the largest SME lenders in Europe, has finalised a £250m funding structure alongside a leading UK bank and Waterfall Asset Management...
KreditBee raises $280m Series E at $1.5bn valuation

KreditBee raises $280m Series E at $1.5bn valuation

KreditBee, an India-based online credit solutions provider, has reportedly raised $280m in a Series E funding round, achieving unicorn status at a $1.5bn valuation...
ClearScore and Zuto partner to lead digital car finance

ClearScore and Zuto partner to lead digital car finance

ClearScore has announced an exclusive partnership with Zuto, the UK's leading car finance FinTech, to provide car finance brokerage services as it bids to...
Ascent raises $45m Series C to expand student lending

Ascent raises $45m Series C to expand student lending

Ascent, a provider of innovative financial products and student support services, has closed a $45m Series C funding round as federal policy shifts drive increased demand for private student lending.
Birch Hill raises $2.5m for onchain lending

Birch Hill raises $2.5m for onchain lending

Birch Hill Holdings, an institutional digital asset infrastructure firm focused on onchain lending and tokenised asset markets, has closed a $2.5m pre-seed funding round...
Pagaya launches $350m revolving personal loan ABS deal

Pagaya launches $350m revolving personal loan ABS deal

Pagaya Technologies, a global technology company delivering AI-driven product solutions for the financial ecosystem, has closed a new revolving asset-backed securitisation backed by personal...
India-based Fibe secures $35m from IFC

India-based Fibe secures $35m from IFC

Fibe, which provides credit to underserved middle-income families in India, has raised $35m from International Finance Corporation (IFC), as part of its Series F.  Founded...
AI lending platform Zest AI secures new funding round

AI lending platform Zest AI secures new funding round

Zest AI, a leading provider of AI-powered lending solutions, has secured a new round of strategic funding led by its own customers. The investors include...
Brighte secures $40m CEFC funding for home energy push

Brighte secures $40m CEFC funding for home energy push

Brighte, an Australian FinTech specialising in household energy financing, has secured up to $40m from the Clean Energy Finance Corporation (CEFC) under the Federal...
Finova and Escode launch Escrow as a Service

Finova and Escode launch Escrow as a Service

Finova, the UK’s largest cloud-based mortgage and savings software provider, has unveiled a strategic partnership with Escode, the software resilience specialist owned by NCC Group.

News Stories

DBS and Avaloq deepen alliance to drive Asian wealth growth

DBS and Avaloq deepen alliance to drive Asian wealth growth

DBS, the Singapore-headquartered bank with a leading wealth franchise, has agreed a memorandum of understanding (MoU) with wealth management technology provider Avaloq to broaden...
Basware completes acquisition of Trustpair

Basware completes acquisition of Trustpair

Basware, an Invoice Lifecycle Management (ILM) specialist, has finalised its purchase of Trustpair, a payment fraud prevention platform, closing a deal that was first...
TrueLayer powers instant top-ups for SumUp App users

TrueLayer powers instant top-ups for SumUp App users

TrueLayer, the Pay by Bank network that counts more than 30 million users across Europe, has teamed up with SumUp, the global FinTech firm,...
Cowbell launches AI Risk Advisor for cyber policyholders

Cowbell launches AI Risk Advisor for cyber policyholders

Cowbell, an AI-native cyber and specialty insurance provider for small and medium-sized enterprises (SMEs), has rolled out Risk Advisor, a personalised AI agent designed...
Regulatory reporting hits an AI adoption roadblock

Regulatory reporting hits an AI adoption roadblock

Regulatory reporting is becoming a major testing ground for artificial intelligence, but financial institutions are struggling to move beyond experimentation. New research from Regnology, a...

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