World’s first mobility FinTech company Moove secures debt
Moove, which stylises itself as the world’s first mobility FinTech company, has raised £15m in debt funding.
Capital on Tap bags £100m from revolving credit facility
Capital on Tap has secured a £100m corporate revolving credit facility with Atalaya Capital Management.
FinTech NorthOne lands $67m in Series B raise
New York-based FinTech NorthOne has raised $67m in a Series B funding round to expand its platform across new verticals.
Traditional lending models not ‘fit for purpose’ – Tink claims
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 receives €150m senior financing
BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.
Germany’s Justhome bags seed to build home financing tools
Justhome, a next generation home financing startup, has collected €3.3m in its pre-seed round.
Finexos bags funding to support loans without a credit score
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.
Klarna launches new purchase history dashboard for UK customers
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.
B2B lender Founderpath raises $145m in debt and equity
Founderpath, which helps businesses get access to short-term cash, has reportedly raised $145m in a mix of debt and equity.
BNPL users to exceed 900 million by 2027
The number of buy now, pay later (BNPL) users will surpass 900 million by 2027, rising from 360 million in 2022.