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.
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.
Dianrong bags additional $70m to Series D round
Online lending marketplace Dianrong has closed an additional $70m to its Series D round led by ORIX Asia Capital.
Lending platform VIVA Finance closes seed round
Mobile-first lending platform VIVA Finance has closed its seed round on $2.3m in its seed funding round.
China-based Dashu Finance has picked up a $115m Series C
China-based small and micro loan provider Dashu Finance has picked up a $115m in its Series C funding round.
Online lending platform LoanTap said to raise $6.25m in funding
India-based online lending platform LoanTap has reportedly collected $6.25m in a funding round led by Shunwei Capital.
Asaak lands funding to support gig workers in Africa
Uganda-based asset financing startup Asaak has raised $30m in pre-Series A equity and debt funding, a report from TechCrunch has revealed.