Online Loans

India’s credit solution pioneer DPDzero raises $3.25m led by Blume Ventures

India’s credit solution pioneer DPDzero raises $3.25m led by Blume Ventures

DPDzero, a groundbreaking FinTech firm in India, has successfully concluded its latest funding endeavour. The company, which focuses on AI-powered collections and debt recovery solutions, raised an impressive $3.25m in a funding round.
Gillmore Centre reveals Online lending as the leading asset class for 2023

Gillmore Centre reveals: Online lending as the leading asset class for 2023

Online lending has the potential to outpace stocks, bonds, and real estate in profitability, based on the recent findings from the Gillmore Centre for Financial Technology.
German FinTech Solaris in tight spot getting funding

German FinTech Solaris in tight spot getting funding

Solaris, a prominent figure in the German FinTech sector, is experiencing hurdles as it tries to garner the necessary funding, casting shadows over its capability to fulfil a pivotal credit card agreement for ADAC, Europe’s leading motorists association. This situation hints at emerging challenges in the European FinTech domain.
FinTech firm CredRight secures $9.7m in funding round

FinTech firm CredRight secures $9.7m in funding round

FinTech startup, CredRight, based in Hyderabad, has successfully raised approximately $9.7m, a combination of both equity and debt.

auxmoney expands European presence by acquiring majority in Lender & Spender

auxmoney, a prominent European digital-lending platform, has acquired the majority share in Lender & Spender BV, the Netherlands' leading tech-enabled credit marketplace. Building upon its...
Ed-FinTech pioneer GradRight lands INR 50 crore from IvyCap Ventures

Ed-FinTech pioneer GradRight lands INR 50 crore from IvyCap Ventures

GradRight, the B2C-SaaS ed-fintech ecosystem, seamlessly integrates prospective students, universities, and lenders on one unified platform. The ed-FinTech startup has impressively secured INR 50 crore in a Series A round of financing.

Novo introduces Novo Funding, securing $125m facility

Novo, described as a "powerfully simple" financial platform for small businesses, has announced the launch of a new offering, Novo Funding, designed to provide rapid and flexible access to working capital.

Earned wage access FinTech Immediate bags $16m in a growth round

Based in Birmingham, Alabama, Immediate, an innovative FinTech company specialising in earned wage access, announced a successful round of growth funding.
Indian Auxilo Finserve secures ₹470cr to boost financial education sector

Indian Auxilo Finserve secures ₹470cr to boost financial education sector

Auxilo Finserve Private Limited, an Indian non-banking finance company (NBFC) specialising in education finance, has recently declared the successful procurement of ₹470 crores in primary equity capital.
The digital race - How automation can improve efficiency and customer experience around lending

The digital race – How automation can improve efficiency and customer experience around lending

Improving the customer experience has become one of the biggest priorities for financial services. In fact, 63% of firms place customer experience as their number one focus as they try to meet the evolving demands of their customers. Lending is one area of finance where the fight to provide the best customer experience is really heating up. Many have even dubbed it as the next major battlefield.

News Stories

Novidea expands in the London Market with new headquarters to drive growth

Novidea expands in the London Market with new headquarters to drive growth

Novidea, a leading InsurTech firm known for its cloud-based, data-driven insurance enterprise management platform, has bolstered its presence in the London Market by relocating to a larger office space in the heart of the City of London.
One in four Gen Zs targeted by identity theft in the past 6 months

One in four Gen Zs targeted by identity theft in the past 6 months

New data reveals the rising prevalence of fraud and security risks, both online and in-store, significantly impacting consumer trust and urging retailers to strengthen security measures across the board.
Revolut surpasses 50 million global customers, aims for 100m milestone

Revolut surpasses 50 million global customers, aims for 100m milestone

Revolut, the UK-based FinTech giant and licensed European bank, has announced a major milestone, reaching 50m customers globally. Of these, 10m are based in the UK, solidifying the company’s position as a leader in digital banking.
Wiz secures strategic funding from SoftBank Vision Fund 2 to boost cloud security in APAC

Wiz secures strategic funding from SoftBank Vision Fund 2 to boost cloud security in...

Cloud security company Wiz, recognised as a leader in cloud-native application protection, has announced a strategic investment from SoftBank Vision Fund 2. The funding aims to support Wiz's expansion efforts in the Asia-Pacific and Japan (APJ) region.

FinTech innovator Goodstack bags £22m funding led by General Catalyst

Goodstack, a global SaaS and FinTech platform specialising in embedding purpose into business operations, has successfully closed a £22m Series A funding round.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution