AutoFi lands $85m as it digitalises car buying
AutoFi, a commerce platform for digital automotive sales and financing, has raised $85m in funding, bringing its valuation to nearly $700m.
Lendified grabs $20m credit facility to fund small businesses loans
Canadian small-business lender Lendified has secured senior debt for a new credit facility of up to $20m to underwrite loans.
CASHe said to close debt financing on around $3m from IFMR Capital
Personal lending platform CASHe has reportedly closed a debt financing round of around $3m from IFMR Capital.
Figure Technologies in the market for $103m funding round
Figure Technologies, a platform which manages digital assets, is looking to close a new funding on $103m.
Wonga hires new CFO to steer turnaround
UK lender Wonga has hired Joanna Baker as its new CFO as the firm attempt to restructure in the face of stricter regulation.
NeoGrowth secures $47m in round led by LeapFrog
Digital lending platform NeoGrowth has secured RS 300 Crores ($47m) in an equity round led by LeapFrog.
Lending platform KreditBee said to net $75m in its Series C round
India-based online lending platform KreditBee has reportedly scored $75m in its Series C round.
UangTeman raises $12m for Series A
Indonesia-based UangTeman has reportedly closed its $12m Series A investment round led by K2 Venture Capital.
Credit Karma acquires mortgage lending solution Approved
Approved, an online mortgage lending platform, has been acquired by personal finance platform Credit Karma.
Mexican BNPL solution Kontempo closes $30m seed round
Mexico-based buy now, pay later platform Kontempo has closed its seed round on $30m, with a mixture of debt and equity.