Online Loans

Affirm nabs $100m credit facility from Morgan Stanley

Lending startup Affirm has secured a $100m credit line from Morgan Stanley as the San Francisco company looks to facilitate more point-of-sale financing.

OptaCredit secures $4m credit facility from DMI Finance

India-based OptaCredit has secured a $4m credit facility from DMI Finance to support the support its existing offerings.

Lending platform SuperSim said to raise $5.6m in funding

Brazil-based SuperSim has reportedly netted $5.6m in a debt financing round, which will help more consumers in Latin America access funding.
fintech-news

Turnkey Lender receives investment from Vertex Ventures

Turnkey Lender has reportedly received an undisclosed investment from Vertex Ventures.

LendingPoint increases mezzanine funding to $52.5m

Online credit platform LendingPoint has increased the size of its mezzanine financing to $52.5m.

Could Christmas be the death knell for credit card payments?

A recent report by Klarna has found that one in two UK consumers are planning to discard their credit card entirely for Christmas shopping this year.
fintech-news

CUneXus grabs $5m for lending automation

CUneXus, a consumer lending automation solution, has raised $5m in a Series A round.

Brazil-based GuiaBolso secures $40m equity line

Brazil-based personal finance platform GuiaBolso has secured a $40m funding round led by Vostok Emerging Finance.

Online lending app Moneybaba receives funding to support growth in Africa

Online lending platform for emerging markets Moneybaba has closed a ?major investmentfrom EMEA Capital and Duet Group.

Lendingkart acqui-hires personal loans startup KountMoney

Indian online lending firm Lendingkart has acqui-hired the team behind personal loans marketplace KountMoney. The financial terms of the deal are undisclosed.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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