Marketplace Lending

Australia-based MoneyMe has reportedly snagged $50m as part of a strategic partnership with Pacific Equity Partners.

nCino, a cloud banking and digital transformation solution developer, has acquired cloud-based homeownership software company SimpleNexus.

Dutch buy bow, pay later platform in3 has scored $11.1m in fresh funding from Finch Capital.

India-based NAKAD, a FinTech founded earlier this year, has reportedly collected $7m in seed funding.

BlueTape, which offers buy now, pay later (BNPL) services to the construction industry, has raised $55m in a mix of debt and equity.

Finkargo, a Colombian startup looking to close the trade finance gap in Latin America, has raised $75m in structured credit.

UK-based FinTech kennek, which aims to streamline operations for lenders, has raised $4.5m in its pre-seed round.

Melbourne's online mortgage broker, Finspo, has reportedly secured a $2.55m Series D funding round.

Development lender, Atelier, has partnered with renowned software firm, HubSpot, to launch an innovative customer experience platform aimed at streamlining and personalising each borrower's journey. This strategic move underscores Atelier's commitment to enhancing customer satisfaction and overall operational efficiency.

Four in ten UK small and medium-sized businesses (SMEs) now prefer to tap into the services of FinTech lenders over mainstream banks, a marked shift in the world of business finance.