FlexxPay said to close pre-Series A round
FlexxPay, a startup empowering more control over when employees access their cash, has reportedly closed a new funding round from MEC Ventures.
Peter Thiel’s Valar Ventures, Klarna founder back Indonesia-based BukuWarung in $60m round
Indonesian FinTech startup BukuWarung raised $60m in Series A funding in a round led by Valar Ventures and Goodwater Capital.
Tink bolsters open banking offering with FinTecSystems purchase
Swedish open banking startup Tink is set to acquire German firm FinTecSystems for an undisclosed amount.
Financial wellbeing app ilumoni reels in £1.2m after beta launch
UK-based FinTech that aims to assist consumers with borrowing ilumoni raised £1.2m in an oversubscribed seed round.
Alternative lending platform Ibancar secures €1.65m round to support European growth
Cloud-based consumer credit platform Ibancar has netted €1.65m in its new equity round, which will help it expand across Europe.
Community Capital’s digital loan marketplace swells with investment from BHB Fund
Community Capital Technology, an enterprise loan marketplace and analytics platform has secured from the Bankers Helping Bankers Fund (BHB Fund), a venture capital fund that works "for community banks, by community banks."
AvantCredit get thumbs up from UK regulator
AvantCredit is getting the green light from UK regulators with the FCA now fully authorising the online lender.
Zebit collecs $75m debt facility from Route 66
Zebit, an e-commerce custom credit solution provider, has collected $75m in a new debt financing round.
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.
More good news for lending as Upstart nabs $32.5m Series D
In the wake of Prosper’s $5bn loan financing deal, there’s further positive signs for the online lending space with Upstart raising $32.5m in its Series D round.