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AI loan servicing platform Salient secures $60m

AI loan servicing platform Salient secures $60m

Salient, a US-based FinTech firm specialising in AI-powered technology for the consumer finance sector, has secured $60m in fresh funding to scale its loan servicing platform.
Adyen expands Capital funding for Canadian SMBs

Adyen expands Capital funding for Canadian SMBs

Adyen has introduced its Capital product in Canada, aiming to provide small and medium-sized businesses (SMBs) with quicker and more flexible funding options.
Fundbox and Vaya unite to power embedded lending

Fundbox and Vaya unite to power embedded lending

Fundbox has announced a strategic move to bolster its embedded capital infrastructure by joining forces with the founding team of Vaya Technologies Inc.
Philippine FinTech Billease secures PHP 5bn notes facility to expand financial inclusion

Philippine FinTech Billease seeks notes facility to expand financial inclusion

Billease, a leading digital consumer finance app in the Philippines, has mandated Security Bank Capital Investment Corporation to arrange an up to PHP 5 billion ($90m) maiden corporate notes facility. 
UAE FinTech Gainz secures 7-figure pre-seed round to boost SME lending

UAE FinTech Gainz secures 7-figure pre-seed round to boost SME lending

Gainz, a UAE-based FinTech platform focused on alternative financing for small and medium-sized enterprises (SMEs), has closed a 7-figure pre-seed funding round combining equity and debt.
Canadian mortgage tech firm Pineapple Financial raises $1.5m in public offering

Canadian mortgage tech firm Pineapple Financial raises $1.5m in public offering

Pineapple Financial, a Canadian mortgage technology and brokerage company, has announced the pricing of a $1.5m public offering.
Mongolian digital lender LendMN lands $20m debt investment

Mongolian digital lender LendMN lands $20m debt investment

LendMN, a Mongolia-based digital lending platform and subsidiary of AND Global, has secured a $20m debt investment in a funding round advised by Delphos. The...

Firenze teams up with Monument Bank in £160m deal to democratise Lombard loans

Firenze, a fast-growing FinTech specialising in Lombard lending for wealth managers, has entered into a strategic partnership with Monument Bank, the UK’s first challenger bank dedicated to the mass-affluent segment.
Capital on Tap lands £750m in new funding to expand SME credit services

Capital on Tap lands £750m in new funding to expand SME credit services

Capital on Tap has secured two major funding facilities worth £750m to support its expansion and further enhance financial services for small businesses across the UK and US.
Agritech firm Arya.ag secures $30m debt facility from HSBC with GuarantCo backing

Agritech firm Arya.ag secures $30m debt facility from HSBC with GuarantCo backing

Arya.ag, an agritech and lending platform, has secured a $30m debt facility through a collaboration with HSBC and GuarantCo, a financial institution under the Private Infrastructure Development Group (PIDG).

News Stories

FRA

New FRA framework targets risks in non-bank finance expansion

The Financial Regulatory Authority (FRA) has introduced a new regulatory framework designed to govern the establishment, management and closure of branches operated by companies...
Vivox AI

RegTech firm Vivox AI secures £1.3m funding

Vivox AI has secured £1.3m in its first funding round to accelerate the growth of its enterprise platform and expand its product capabilities for...

Lee Equity buys KCIC to strengthen insurance risk solutions

Lee Equity Partners, a private investment firm focused on financial and healthcare services, has acquired KCIC, a consulting firm specialising in managing complex tort-system...
The hidden cost of manual processes in wealth management

The hidden cost of manual processes in wealth management

The digitalization of the wealth management industry has been in full swing for many years, with firms looking to replace outdated and manual workflows...

Upway appoints Nathan Wilson as chief technology officer

Upway, a refurbished electric bike marketplace focused on circular economy mobility solutions, has appointed Nathan Wilson as chief technology officer as the company accelerates...

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