Online Loans

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-closer-to-unicorn-status-after-$75m-Series-E-funding-round

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’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 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. 

News Stories

Kaspi.kz, Alipay+ partner for seamless China payments

Kaspi.kz, Alipay+ partner for seamless China payments

 Kazakhstan's pioneering financial technology firm, Joint Stock Company Kaspi.kz, has joined hands with the renowned e-wallet giant Alipay+ to redefine the landscape of cashless transactions in China.
PNC & TCW forge new path in private credit solutions

PNC & TCW forge new path in private credit solutions

The PNC Financial Services Group, one of the largest diversified financial institutions in the US, and the TCW Group, a leading global asset manager, have announced a strategic partnership aimed at delivering private credit solutions to middle market companies.
Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture and Oracle revolutionise finance with generative AI solutions through new deal

Accenture, a global professional services company, has partnered with Oracle, a leading enterprise AI and data management provider.
Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo and Rover unite to revolutionise pet care benefits for partner companies

Wagmo, the leading provider of employer-based pet wellness plans, and Rover, the world’s largest online marketplace for loving pet care, have announced a strategic partnership.
GradGuard expands coverage: New tuition protection program includes loss of employment

GradGuard expands coverage: New tuition protection program includes loss of employment

In a bid to bolster its tuition protection program, GradGuard, a leading provider of college tuition and renters insurance programs, has unveiled a significant enhancement.

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week