P2P lending platform Modal Rakyat said to raise funding
Peer-to-peer lending platform Modal Rakyat has reportedly secured funding from Fazz Financial Group.
Aye Finance picks up $10.3m to expand small business lending
Small business lender Aye Finance has raised $10.3m in a Series B round led by LGT IV. Existing backers SAIF Partners and Accion also contributed to the round.
Small business loan platform Ziploan closes investment from Matrix Partners India
India-based Ziploan, a small ticket business loan provider, has closed a round of funding from Matrix Partners India.
Insight Investment deploys €100m debt capital to iwoca
Global asset manager Insight Investment has reportedly supplied European small business lender iwoca with €100m in debt capital to help the FinTech finance more loans.
Yes Lender acquires Edge Funder to create an AI-powered funding portal for small businesses
Yes Lender acquired Edge Funder, a FinTech startup that is transforming entrepreneur's access to working capital through its direct-to-merchant funding portal.
BNPL platform SeQura receives €150m senior financing
BNPL platform SeQura has received €150m in senior financing through an asset-backed agreement with Citi.
Lendio picks up $20m round after lending grows 93%
Small business lending marketplace Lendio has raised $20m in a Series D round led by Comcast Ventures and Stereo Capital. The funding brings the amount raised by the Utah-based company to $51m.
Community Bank partners with Lendistry
Community Bank has launched a partnership with small business lender Lendistry and commits $3m to its loan fund.
FinREQ said to close round led by Bennett, Coleman
Online lending platform FinREQ has reportedly closed an undisclosed funding round led by Bennett, Coleman & Co through its Brand Capital arm.
Lending platform SuperSim said to raise $5.6m in funding
Brazil-based SuperSim has reportedly netted $5.6m in a debt financing round, which will help more consumers in Latin America access funding.