Other Lending

deferit said to close $15m in its oversubscribed Series B round

Buy now and pay later FinTech deferit has reportedly collected $15m in its oversubscribed Series B round, which comes after demand for its services rise by 150%.

Kreditbee raises $70m in a Series C round to boost consumer financing in rural...

Bangalore, India-based FinTech lender Kreditbee banked $70m in a follow-on Series C round from TPG-backed NewQuest Capital Partners and Motilal Oswal Private Equity.

SoftBank-backed True Balance secures $10m debt capital

True Balance scored $10m in debt funding for its non banking financial firm, True Credits.

MODIFI receives $60m debt facility to support move into the US

MODIFI, which claims to solve global trade finance for small and medium businesses, has received a $60m debt facility with Silicon Valley Bank.

Loan crowdfunding platform Honeycomb Credit hits $1.75m close for its seed round

Honeycomb Credit, which claims to be the first of its kind loan crowdfunding platform, has scored $1.75m in its seed round.

Sharia-compliant invoice financing platform Lendo said to raise $7.2m

Saudi Arabia-based invoice financing platform Lendo has reportedly collected $7.2m in its Series A round.

LenderClose rasies eight-figure Series B

LenderClose, a digital lending platform, has closed its Series B round on an eight-figure sum.

Student loan repayment platform FutureFuel.io raises $10m led by UBS

FutureFuel.io, a student loan repayment platform, raised $10m in Series A1 funding bringing its total Series A funding to $21.6m.

Digitalised mortgage platform BeSmartee closes strategic investment

BeSmartee, which develops software for digital mortgage platforms, has secured a strategic growth investment from venture firm M33 Growth.

FinMkt partners with Persistent to provide banks with digital lending solutions

Point of sale (POS) financing SaaS provider FinMkt has teamed up with global solutions company Persistent.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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