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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.
fintech-news

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.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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