Open banking-powered lender Koyo raises ?100m
Open banking-powered lender Koyo has reportedly raised ?100m in debt and ?5m in its Series A round.
Tally bags $80m to free customers from the “cycle of debt”
Tally, a financial automation company, has raised $80m in Series D funding led by Sway Ventures.
Traditional lending models not ‘fit for purpose’ – Tink claims
Open banking platform Tink warns that traditional lending models are broken and “no longer fit for purpose” in the current economic climate.
Philippines-based BNPL service BillEase nets $20m
Philippines-based BillEase, which offers buy now, pay later (BNPL) services, has reportedly raised $20m in a debt facility from Singapore’s Helicap Securities.
Instalments-as-a-service Splitit bags AUD 10.5m
Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.
India’s largest lending FinTech EarlySalary raises $110m
EarlySalary, which claims to be India’s largest lending FinTech, has bagged $110m for its Series D round, which was led by TPG’s The Rise Fund and Norwest Venture Partners.
Harvesting Farmer Network raises $4m to help farms with credit risk
Harvesting Farmer Network, which helps farms with credit risk, has raised $4m in a funding round.
Capital on Tap extends credit card for small businesses with loan
Capital on Tap, a credit card for small businesses, has secured a £200m funding facility from JP Morgan and Triple Point.
Finexos bags funding to support loans without a credit score
Finexos, a FinTech aimed at improving access to lending without a credit score, has received a $695,000 funding round, which was led by Growth Capital Ventures.
Tiger Global backs Jodo’s vision for India’s education payments
Jodo, a Bangalore-based FinTech that helps families pay tuition fees, has raised $15m in Series A funding.
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