Zebit collecs $75m debt facility from Route 66
Zebit, an e-commerce custom credit solution provider, has collected $75m in a new debt financing round.
Two-thirds of UK millennials are now using buy now, pay later schemes
Two-thirds (67%) of UK millennials are using point-of-sale credit finance services, as appetite for the payment method increases across all age-ranges.
Blend bags $75m and nearly hits the $1.7bn valuation mark
Lending solutions provider Blend has picked up a valuation close to $1.7bn on the back of a $75m funding round and is now planning to solve banks' Covid-19 problems.
UpEquity closes its Series A comprised of both equity and debt
UpEquity, a mortgage platform that aims to improve the home purchasing experience, has closed its Series A round on $25m.
Does regulation pose a threat to buy now, pay later market growth?
The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?
Rupifi said to raise $1m in debt and equity
Buy now, pay later platform Rupifi has reportedly collected $1m in a funding round comprised of debt and equity.
Ola to acquire neobank Avail Finance
ANI Technologies, the parent company of ride-hailing platform Ola Cabs, has reached an agreement to acquire a 100% stake in FinTech startup Avail Finance.
Money View edges closer to unicorn status with $75m Series E round
Money View, an Indian FinTech company, has raised $75m in Series E funding, valuing the company at $900m.
Yendo’s $24m funding fuels mission to democratise credit access
Yendo, an innovative FinTech firm that introduced the world's first vehicle-secured credit card, announced it has raised $24m in a Series A funding round.
Targeted Lending secures monumental $50m credit facility from Wells Fargo
Targeted Lending, a distinguished name in the equipment finance industry, recently celebrated the accomplishment of a significant milestone, securing a $50m credit facility from Wells Fargo Capital Finance.