Funding Xchange closes its £1.5m Series A
Funding Xchange has closed its Series A on £1.5m with Calibrate Management and Kimera leading the investment.
Online lending platform Avail Finance bags $17.2m round
Online lending platform Avail Finance has closed an $17.2m investment led by Matrix Partners India.
Future Finance nets €40m Series C to fund more loans
Student lending platform Future Finance has netted €40m in a Series C round to support the funding of more loans.
Invoice financing platform Investly surpasses crowdfunding target
Invoice financing platform Investly has surpassed its initial crowdfunding goal of £500,002.
Village Capital, PayPal choose 12 startups for FinTech accelerator
Village Capital and PayPal have chosen 12 startups to take part in their first FinTech accelerator in Sub-Saharan Africa.
Finova Capital raises $6m from Sequoia India
Jaipur-based non-banking financial company Finova Capital has raised $6m over two tranches from Sequoia India.
Acima Credit collects £125m credit facility from Comvest
Acima Credit, a POS financing provider, has collected a £125m senior credit facility from Comvest Credit Partners.
P2P lending platform Finzy nets $1.3m for the first round of its pre-Series A
India-based P2P lending platform Finzy has netted $1.3m in the first round of its pre-Series A funding round.
Blender said to close $16m debt and equity round
Israel-based P2P lender Blender has reportedly closed a $16m round comprised of debt and equity.
Online lending platform Yalber bags $20m credit facility
New York-headquartered Yalber has received a $20m credit facility to help increase its funding capabilities.