Other Lending

Capital on Tap has secured a £100m corporate revolving credit facility with Atalaya Capital Management.

New York-based FinTech NorthOne has raised $67m in a Series B funding round to expand its platform across new verticals. 

Open banking platform Tink warns that traditional lending models are broken and “no longer fit for purpose” in the current economic climate.

BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.

Justhome, a next generation home financing startup, has collected €3.3m in its pre-seed round.

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.

 Swedish buy now, pay later giant Klarna has launched a new feature for UK consumers that will let them see their full online purchase history, regardless of whether they are purchased using Klarna.

Founderpath, which helps businesses get access to short-term cash, has reportedly raised $145m in a mix of debt and equity.

The number of buy now, pay later (BNPL) users will surpass 900 million by 2027, rising from 360 million in 2022.

WebBank will invest up to $250m into digital financial solution developer Avant, as part of a securitisation deal.