AutoFi lands $85m as it digitalises car buying
AutoFi, a commerce platform for digital automotive sales and financing, has raised $85m in funding, bringing its valuation to nearly $700m.
Auto lending software platform DigniFi collects funding
DigniFi, which helps the automotive industry with simplified loan application processes, has raised funding from Brigade Capital Management.
Brazil loan marketplace FinanZero closes $4m round
Brazil-based online credit marketplace FinanZero has closed its fourth round of funding on $4m.
Mexican FinTech company Arrenda scores round of debt and equity
Mexican FinTech startup Arrenda has reportedly collected $26.5m in a funding round composed of debt and equity.
South Africa-based Moove raises funding to grow auto financing service
Moove, which stylises itself as the world’s first mobility FinTech company, has collected $20m in funding from Absa Corporate and Investment Banking.
TurnKey Lender closes $10m funding round
B2B software-as-a-service company TurnKey Lender has closed a funding round on $10m.
Freedom Financial Network closes $323m securitisation
Digital personal finance company Freedom Financial Network has closed a securitisation of $323m in rated notes backed by FreedomPlus personal loans.
Klarna rival Zilch extends Series C to support growth in the US
UK-based buy now, pay later (BNPL) unicorn Zilch has raked in an additional $50m for its Series C round, bringing the round’s total to $160m.
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.
Ghana-based FinTech Fido raises Series A round
Ghana-based FinTech company Fido has reportedly raised $30m in a Series A round, as well as an undisclosed amount in debt funding.