Online Loans

Folks Finance, a DeFi platform specialising in lending, borrowing, and managing digital assets across multiple blockchains, has announced it raised $3.2m in an oversubscribed Series A funding round.

Groov, an embedded lending platform, has announced the completion of its £1.5m seed funding round.

Funding Societies, Southeast Asia's largest digital finance platform for micro, small and medium enterprises (MSMEs), announced a new milestone today with the signing of its third credit facility under the HSBC ASEAN Growth Fund.

Finfra, an Indonesian lending-as-a-service infrastructure provider, has successfully secured $2.5m in a funding round led by Cento Ventures.

PowerPay, a leader in digital point-of-sale lending for home improvement and patient financing, has successfully secured a $60m investment through a corporate bond issuance.

Agrolend, an agribusiness finance platform, has successfully raised a $53m Series C funding round.

Sharegain, a leading securities lending FinTech, and DriveWealth, a prominent financial technology platform known for its Brokerage-as-a-Service offerings, have recently unveiled a strategic partnership aimed at expanding opportunities within the securities lending market globally.

Quarters, a pioneering home savings rewards program, has partnered with Nova Credit, a leader in credit infrastructure and analytics.

Experian, a global leader in consumer credit reporting, has joined forces with Oakbrook, a prominent non-bank consumer lender, to provide innovative debt consolidation loans.

Athena, a fintech company, has successfully secured AU$25m in a Series B funding round.