Novus to launch beta banking app as it prepares for summer roll-out
UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.
Digital lender Blend Labs valued at $4bn in public debut
Shares of Blend Labs opened 11% above their offer price, giving the digital banking platform a valuation of about $4.4bn in its stock market debut.
Happy Money joins growing FinTech unicorn club
Happy Money, a platform for unsecured lending in partnership with credit unions, has closed a $50m Series D-1 funding round.
Instalments-as-a-service Splitit bags AUD 10.5m
Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.
Lendbuzz, shaking up auto finance with AI, secures $125m from RBC
Lendbuzz, an AI-powered FinTech company revolutionising the automotive finance market, has recently made headlines.
70% of UK SMEs lean on FinTech lenders during cost of living crisis
Four in ten UK small and medium-sized businesses (SMEs) now prefer to tap into the services of FinTech lenders over mainstream banks, a marked shift in the world of business finance.
ApplePie secures $16.5m Series B and $180m loan purchase deal
ApplePie Capital has raised $16.5m in a Series B round. The new funding coincides with the announcement of a $180m loan purchase agreement with TowerBrook Capital.
KNAB Finance raises around $389k from pair of funding rounds
India-based KNAB Finance has reportedly raised around $389,000 across a pair of funding rounds.
FinREQ said to close round led by Bennett, Coleman
Online lending platform FinREQ has reportedly closed an undisclosed funding round led by Bennett, Coleman & Co through its Brand Capital arm.
OYE! Fintech nets $2.25m in funding from GAIN Credit
India-based OYE! Fintech, which operates online lending platform OYE! Loans has netted $2.25m in funding from GAIN Credit.
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