Other Lending

Regulators across several US states are scrutinizing apps that enable employees to access salaries before their pay days.

Tribal Credit, a payment FinTech targeted at small and medium-sized businesses in emerging markets, has closed a Series A and debt round on $34.3m.

Mobile lender Branch International has reportedly raised $2m in debt financing from Nabo Capital and fund managers.

 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.

Fintex Capital, an innovative FinTech investment firm focused on alternative credit, has announced a long-term partnership with Go Car Credit, a specialist in motor finance lending. This partnership will support Go Car Credit in originating around £4m of car loans each month.

Credit card company Stori has become the latest Mexican company to join the unicorn club, following the close of a $150m Series C-2 funding round.  

Carputty, a FinTech company modernising auto financing and ownership, has raises $12.3m in a Series A funding round.

Technology-enabled credit and reporting platform Recordent has reportedly raised $400,000 in an angel funding round.

Invoice financing platform Investly has surpassed its initial crowdfunding goal of £500,002.

POS solution developer Yoco has launched a new cash advance service for small businesses.