CredAvenue joins Indian unicorn club
CredAvenue, which helps businesses and entrepreneurs secure debt from lenders, has secured $137m in Series B funding, making it the fastest Indian FinTech startup to join the unicorn club.
Kenya-based lender M-KOPA secures $75m
Kenya-based FinTech company M-KOPA has reportedly raised $75m in a fresh funding round.
BNPL provider Scalapay becomes Italy’s new unicorn
PayTech platform Scalapay has become Europe’s latest unicorn, with it reaching the status after the close of a $497m Series B round.
India’s KarmaLife raises pre-Series A
Real-time credit solution provider KarmaLife has reportedly netted $2.2m in its pre-Series A funding round.
Indonesia-based Akulaku scores $100m strategic investment
Southeast Asia digital banking and finance platform Akulaku has received a $100m strategic investment from Thai full-service bank Siam Commercial Bank.
Meet Gaia, the platform de-risking IVF fertility treatment
Gaia, a startup platform that provides insurance payment plans to finance IVF treatments, has closed a $20m Series A round led by London’s Atomico.
Barclays demands BNPL regulation to protect consumers
British bank Barclays has called for more regulation around buy now, pay later products (BNPL) after research revealed a lack of consistent affordability assessments.
France-based Pretto closes Series B on €30m
France-based Pretto has closed its Series B round on €30m as it looks to continue its growth momentum.
How LendTechs are transforming loan access for SMEs
Cross-border payments platform Currencycloud recently examined how embedded finance could transform the loan accessing process for SMEs.
Hometap taps into funding for home equity
Hometap, which provides a loan alternative for tapping into home equity without taking on debt, has closed its third institutional asset investment fund on $245m.
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