Other Lending

Ford ploughs into FinTech with AutoFi investment

Auto giant Ford is making an investment in the FinTech space and backing auto financing startup AutoFi. The size of the investment in the San Francisco startup is undisclosed.

Plum picks up funding from hedge fund Elliott Management

Plum, a commercial real estate lending platform, has picked up an undisclosed Series B funding round from hedge fund Elliott Management.

Payflow said to close €2m in its seed round

Spanish FinTech company Payflow has reportedly added additional funding to its seed round, bringing the total to €2m.

Margdarshak Financial Services nabs $3m debt financing

India-based Margdarshak Financial Services has reportedly raised $3m in debt financing from BlueOrchard.

AfterPay acquires 90% of POS credit platform ClearPay

Global payments company AfterPay has acquired 90 per cent of the shares in ClearPay, the digital payments solution of ThinkSmart.

TomoCredit pulls in $10m in Series A investment

TomoCredit, a credit card that helps first-time borrowers build a credit history, has collected $10m in its Series A round.
fintech-news

smava receives $65m round led by Vitruvian Partners

Germany-based consumer loan portal smava has received a $65m funding round led by Vitruvian Partners.

Splitit boss lashes out against buy now, pay later rivals who ?gauge and profiteerof...

The CEO of payment instalment startup Splitit has warned other buy now, pay later companies against trying to take advantage of vulnerable customers during the COVID-19 crisis.
Finexos bags funding to support loans without a credit score

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.

VC giant KPCB among latest Better Mortgage funding round backers

Tech-driven mortgage bank Better Mortgage has picked up a $15m Series B financing round from Kleiner Perkins Caufield & Byers, Goldman Sachs and Pine Brook.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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