Novo introduces Novo Funding, securing $125m facility
Novo, described as a "powerfully simple" financial platform for small businesses, has announced the launch of a new offering, Novo Funding, designed to provide rapid and flexible access to working capital.
Earned wage access FinTech Immediate bags $16m in a growth round
Based in Birmingham, Alabama, Immediate, an innovative FinTech company specialising in earned wage access, announced a successful round of growth funding.
Indian Auxilo Finserve secures ₹470cr to boost financial education sector
Auxilo Finserve Private Limited, an Indian non-banking finance company (NBFC) specialising in education finance, has recently declared the successful procurement of ₹470 crores in primary equity capital.
The digital race – How automation can improve efficiency and customer experience around lending
Improving the customer experience has become one of the biggest priorities for financial services. In fact, 63% of firms place customer experience as their number one focus as they try to meet the evolving demands of their customers. Lending is one area of finance where the fight to provide the best customer experience is really heating up. Many have even dubbed it as the next major battlefield.
Philippine FinTech, Salmon, attracts $20m in debt financing
Salmon, a thriving consumer FinTech start-up based in the Philippines, has set a new funding record in the country's technology sector.
The company recently secured...
Efficient Capital Labs raises $7m to fuel B2B SaaS business growth
Efficient Capital Labs (ECL), a FinTech organisation providing non-dilutive capital to B2B SaaS enterprises operating along the South Asia-U.S. axis, recently secured a significant $7m in a Pre-Series A round.
Jenius Bank pioneers personal loans as its initial product launch
Jenius Bank, the digital banking arm of Manufacturers Bank, a state chartered commercial bank based in California and wholly owned subsidiary of SMBC Americas, a member of the global powerhouse SMBC Group, has announced the release of its very first consumer product – personal loans.
Atelier collaborates with HubSpot to enhance lending customer experience
Development lender, Atelier, has partnered with renowned software firm, HubSpot, to launch an innovative customer experience platform aimed at streamlining and personalising each borrower's journey. This strategic move underscores Atelier's commitment to enhancing customer satisfaction and overall operational efficiency.
LendInvest secures £500m investment for mortgage growth
London-based LendInvest, the UK's foremost platform for property finance, has today confirmed the receipt of a £500m investment.
Pakistani FinTech Neem secures strategic investment from DNI Group
It has been announced that Neem, an innovative Pakistani FinTech startup, has entered into a strategic partnership with DNI Group.