MPOWER nabs $6m to finance international students
MPOWER Financing has raised $6m in a Series A round led by private equity firm Zephyr Peacock India. The Washington DC and Bangalore-based company aims to help finance international students.
Self Financial closes its third funding round in 18 months
Self Financial, which helps consumers build credit and savings, has netted $50m in its Serie E funding round
India-based electric vehicle financing app Turno launches from stealth
Turno, which offers loans to buy electric vehicles, has launched out of stealth after closing a $3.1m funding round.
hoolah collects ‘7-figure’ seed round to support Asia expansion
Singapore-based hoolah, an omni-channel payments company, has received a ‘seven-figure’ seed round.
Capital on Tap bags £100m from revolving credit facility
Capital on Tap has secured a £100m corporate revolving credit facility with Atalaya Capital Management.
Electric vehicle lender Turno closes doors on Series A round
India-based Turno, which provides loans to buy electric vehicles, has reportedly raised $13.8m for its Series A funding round.
Warsaw-based LeaseLink reels in $2.45m
LeaseLink, a Warsaw, Poland-based provider of financial leasing transactions, has raised nearly $2.45m in its latest round of financing.
Yellow scores $5m loan to boost solar solutions access in Africa
Oikocredit, a social impact investor, has deployed a $5m loan into Yellow, a pay-as-you-go off-grid solar solutions and appliances provider.
Q2 Holdings acquires end-to-end lending platform Cloud Lending
Q2 Holdings, a digital banking solution provider, has acquired end-to-end lending platform Cloud Lending.
Swedish BNPL giant Klarna faces colossal downround to $15bn valuation
Swedish buy now pay later (BNPL) unicorn Klarna is reportedly facing a hefty downround, which would put its valuation at a third of its previous.
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