ALAMI nets funding for Shariah-compliant P2P SME lending
Indonesia-based ALAMI Group, which offers Shariah-compliant P2P SME lending services, has reportedly closed its pre-Series B funding round.
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.
FOLK2FOLK bags ?7m to support UK SMEs
FOLK2FOLK, a peer-to-peer (P2P) lender for rural and regional small businesses, has collected ?7m from British Business Investments.
Lenderwize said to bag €100m in debt funding
Lenderwize, an invoice platform for digital commodities, has reportedly raised €100m in a new debt funding round.
SoLo Funds said to collect $10m to support growth of its community lending service
P2P lending platform SoLo Funds has reportedly collected $10m to support the expansion of its presence in the US.
Open banking-powered lender Koyo inks Series A round to help people with poor credit...
Koyo has closed a Series A funding round of $50m in debt and equity led by Force Over Mass with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp.
Financial comparison super app Jeff banks $1.5m seed extension for SEA expansion
Latvia-based FinTech startup Jeff, which currently only has operations in Vietnam, has raised $1.5m in a seed round extension led by J12 Ventures.
Challenger bank lending continues to climb with 11% uptick in 2020
Research by accountancy and advisory business BDO has found lending by challenger banks in 2020 reached a record high of £143bn – a hike of 11% on 2019.
InsurTech startup Quotall exceeds crowdfunding target
InsurTech company Quotall has exceeded the target of its crowdfunding campaign, pulling in £356,581, at the time of writing.
London-based Tembo Money raises £2.5m to help first-time property buyers increase their deposits
Tembo Money, a London-based FinTech, closed £ 2.5m in funding led by Aviva after its official launch in June 2021.
© FinTech Global © Copyright 2024. All rights reserved.
