Square is testing short-term small loans through its Cash App.
Payment solutions provider Square is trialling a small and short-term loan feature in its Cash App.
Africa-focused vehicle financing app Moove nabs fresh investment
Moove, an African mobility FinTech platform, has raised $10m in fresh financing from NBK Capital Partners
Augmentum Fintech, Prime Ventures help iwoca to £150m Series D funding round
Specialist VC investor Augmentum Fintech has joined Prime Ventures and others to help European small business lender iwoca to £150m of equity and debt capital.
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.
Personal finance app Fintonic hits €160m valuation thanks to ING Ventures-led round
Spanish personal finance app Fintonic has hit a €160m valuation thanks to an investment round led by new backer ING Ventures.
MPOWER Financing secures $100m equity funding
US FinTech MPOWER Financing has raised $100m from a highly subscribed equity funding raise.
LoanTap picks up $4m for Series B funding round
LoanTap Financial Technologies has reportedly picked up $4m for its Series B funding round.
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.
Lidya collects pre-Series B funding as it looks to boost its lending efforts
Nigeria-based Lidya, which offers small business loans, has reportedly raised $8.3m in its pre-Series B funding round.
Car finance startup Carmoola nets over £100m in debt and equity
UK car finance FinTech Carmoola has raised £8.5m in its Series A round, alongside a new £95m debt facility.