Online Loans

Lending platform for immigrants Stilt scores Series A

Stilt, a financial services platform for immigrants, has bagged $14m for its Series A round, alongside the general launch of its new product.

Celsius secures $30m in new investment round led by cryptocurrency company Tether International

Blockchain-powered income and lending app Celsius Network has bagged $30m in a new equity round with Tether, the largest stablecoin issuer with a 90% market share, as its lead investor.

Lendingkart Finance said to bag $24.9m in debt, equity financing

India-based Lendingkart Finance has reportedly secured a $24.9m from a mix of debt and equity.

Venio launches its credit app in the Philippines

New York-headquartered Venio has begun offering easy-to-access credit facilities to unbanked consumers in the Philippines.

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?

MoneyTap said to close $9m in round led by Sequoia Capital

Digital lending startup MoneyTap has reportedly closed a $9m investment from Sequoia Capital.

Shubham said to close $48m Series D round

India-based online lending platform Shubham Housing Development Finance Company has reportedly closed $48m Series D round.

Grow Credit secures $106.3m in seed round made of debt and equity

Grow Credit, which hopes to bolster financial inclusion, has netted $106.3m in its seed round, which comprised of debt and equity.
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Stone Point Capital exits Access Point Financial in $350m+ deal

Stone Point Capital has exited lending platform Access Point Financial to WCP Investments, in a deal worth over $350m.
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Car financing platform AutoFi closes investment from Santander

Online car financing platform has received an undisclosed investment from Santander Consumer USA Holdings.

News Stories

Wakam has recently received approval from both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to operate as a licensed and regulated insurer in the United Kingdom.

Embedded insurer Wakam commits to UK market following FCA approval

Wakam has recently received approval from both the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) to operate as a licensed and regulated insurer in the United Kingdom.
CASE

CASE merges with CyberKinetics to boost national security cloud offerings

CASE, a provider of software and cloud engineering services to the U.S. intelligence community and CyberKinetics have merged.
Danish FinTech Ageras has successfully secured €82m in a recent oversubscribed private placement round, as it looks to drive its global expansion.

Danish FinTech Ageras secures €82m for expansion drive

Danish FinTech Ageras has successfully secured €82m in a recent oversubscribed private placement round, as it looks to drive its global expansion.
Mastercard and PrestaShop team up to transform European online payments with Click to Pay

Mastercard and PrestaShop team up to transform European online payments with Click to Pay

Mastercard, a global leader in payment solutions, and PrestaShop, a pioneer in e-commerce software, have formed a strategic partnership to enhance online payment systems across Europe.
New partnership between Finastra and ScotPayments aims to minimise payment fraud

New partnership between Finastra and ScotPayments aims to minimise payment fraud

Finastra, a leading global provider of financial software applications and marketplaces, has partnered with ScotPayments, a centralised payments platform enhancing public service digital transformation in Scotland.

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